Jefferies Warns of Stablecoin Threats to Banks
The growth of the stablecoin sector's capitalization will lead to a gradual outflow of deposits from traditional banks, according to Jefferies analysts.
Jefferies Warns of Stablecoin Threats to Banks
The growth of the stablecoin sector's capitalization will lead to a gradual outflow of deposits from traditional banks, according to Jefferies analysts.
Sonic Labs Launches Institutional Stablecoin USSD
The Sonic L1 network team has introduced the USSD stablecoin, backed by U.S. Treasury bonds from BlackRock, Superstate, and WisdomTree.
Florida Enacts First State-Level Stablecoin Legislation in the US
The Florida Senate and House of Representatives have passed the first state-level regulatory act governing the use of stablecoins. Governor Ron DeSantis is expected to sign the document within the next 30 days.
Tether Backs USDT Integration into Bitcoin Blockchain
Startup Utexo secured $7.5 million in a seed funding round led by Tether, Big Brain Holdings, and Portal Ventures.
Retail Investor Interest Revives Capital Flow into Stablecoins
Net inflows into stablecoins surged by 414.5%, reaching $1.7 billion in a week, according to a report by Messari analysts.
Western Union to Launch Stablecoin on Solana Network
Western Union is set to release a US dollar-pegged stablecoin, USDPT, on the Solana blockchain. The project will be executed in collaboration with the Web3 platform Crossmint.
Sui Network Launches Native Stablecoin USDsui
The team behind the Sui blockchain has announced the release of its native stablecoin, Sui Dollar (USDsui), pegged to the US dollar.
Visa and Stripe to Launch Stablecoin Cards in Over 100 Countries
Payment company Visa and Stripe-owned infrastructure stablecoin platform Bridge announced the expansion of their stablecoin-backed card issuance program.
Tether Freezes $4.2 Billion in Illicit Funds to Date
Tether, the issuer of USDT, has collaborated with law enforcement agencies to freeze assets linked to illegal activities, amounting to approximately $4.2 billion.
PayPal and MoonPay to Launch Stablecoin Platform
Payment company PayPal, infrastructure provider MoonPay, and fintech platform M0 have announced the PYUSDx product.We use cookies to improve the quality of our service.
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