Tag: Stablecoin
Stablecoins Could Slash Uber’s Payment Costs
Reading time: < 1 minuteUber’s exploration of stablecoin payments centers on one key advantage: reducing the substantial costs of moving money across borders.
Circle’s Growing Ambitions: IPO Now Targets $1.05B
Reading time: < 1 minuteCircle Internet Group is making a bold entrance into public markets, increasing its IPO target to $1.05 billion after strong investor interest.
Santander’s Stablecoin Plans Face Industry Pushback
Reading time: < 1 minuteBanco Santander is weighing a foray into stablecoins and retail crypto offerings—but not without resistance from traditional finance players.
$57M USDC Frozen as Court Cracks Down on Alleged LIBRA Fraud
Reading time: < 1 minuteIn a major move against crypto fraud, a US court has frozen $57.65 million in USDC tied to the controversial LIBRA memecoin.
Lee Jae-myung Advocates Won-Based Stablecoin to Address Capital Outflows in South Korea
Reading time: < 1 minuteIn an effort to curb capital outflows and enhance financial sovereignty, South Korea’s Democratic Party leader, Lee Jae-myung, has proposed a stablecoin linked to the Korean won.
US Votes in Favor of Key Cryptocurrency Regulation Bill
Reading time: < 1 minuteThe Senate advanced a key cryptocurrency regulation bill on Monday with bipartisan approval, after previously being stalled by unanimous Senate Democrat opposition.
Coinbase Supports Canadian Stablecoin Firm Stablecorp
Reading time: < 1 minuteOn May 13, 2025, Coinbase announced an investment in Stablecorp, a Canadian stablecoin issuer, to enhance access to fiat-backed stablecoins within Canada’s regulatory landscape.
Democrats Block Stablecoin Bill in US Senate
Reading time: < 1 minuteLegislation to establish a framework for payment stablecoins hit a roadblock in the Senate on Thursday, as several Democrats voted against advancing the bill.
Meta to Integrate Stablecoin Payments
Reading time: < 1 minuteMeta is in talks with crypto firms to introduce stablecoins
Tether Increases Exposure to US Treasuries by Over $3B
Reading time: < 1 minuteTether increased its exposure to US Treasuries by over $3 billion between quarters despite a significant year-over-year decline in quarterly profits.
