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The recent activity in Bitcoin price and demand metrics suggests a potential resurgence in market interest, which could lead to a renewed all-time high. So far, Bitcoin has recently achieved a significant price rebound, reclaiming a trading level above $70,000 after a sustained period of resistance …
In a recent report by CNBC, Circle’s global head of policy, Dante Disparte, announced that the UK will be launching a stablecoin in a few months to come. Following this, the crypto market is bound to welcome a surging interest from new investors into the stablecoin network. Meanwhile, as this latest…
Tether’s CEO, Paolo Ardoino, refuted claims by the Wall Street Journal that US federal authorities are investigating the company for potential money laundering. The WSJ published an exclusive report earlier today claiming the U.S. Attorney’s Office in Manhattan is investigating the stablecoin provid…
Tether is seeking to introduce blockchain technology to Turkey’s boron industry by tokenizing the mineral for broader adoption. Stablecoin issuer Tether (USDT) is proposing a plan to digitize Turkey‘s boron market using blockchain technology, as the company seeks to expand…
French Hill predicts timely approval for the Stablecoin bill. Insights on Gary Gensler's SEC position highlight political complexities. Continue Reading:French Hill Highlights Stablecoin Legislation Timeline and SEC Leadership Insights The post French Hill Highlights Stablecoin Legislation Timeline …
Payments giant Stripe has acquired stablecoin platform Bridge for a total amount of $1.1 billion, more than 5x its $200 million valuation, according to an Oct. 21 annnouncement. The acquisition is part of Stripe’s plan to enter the stablecoin market. The announcement said the firms will focus on gro…
The current market cap of PayPal USD is $618 million, reflecting a 40% dip since its peak.
A final decision is yet to be made, and the parties could still back out of a potential deal, Bloomberg reported.
Stripe is reportedly in talks to acquire stablecoin provider Bridge, five months after announcing it will allow U.S. merchants to accept USDC payments again. Multinational payments firm Stripe is said to be in talks with the Texas-headquartered stablecoin payments hub…
Hermetica raises $1.7 million for $USDh, the first Bitcoin-backed stablecoin, enhancing its growth and integration in the expanding crypto market.
Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cas…
Ripple has officially unveiled the exchange partners supporting its new Ripple USD (RLUSD) stablecoin, according to an Oct. 15 statement. According to the release, RLUSD will be available globally for institutions and users on major crypto trading platforms, including Uphold, Bitstamp, Bitso, MoonPa…