Jack Dorsey’s Cash App to Introduce Stablecoin Payments on Solana
Cash App, founded by Bitcoin maximalist Jack Dorsey, will integrate USDC payments within the Solana ecosystem.
Jack Dorsey’s Cash App to Introduce Stablecoin Payments on Solana
Cash App, founded by Bitcoin maximalist Jack Dorsey, will integrate USDC payments within the Solana ecosystem.
Bernstein Affirms Resilience of USDC Issuer
Shares of Circle fell by 12.2% despite a strong third-quarter report. Bernstein analysts consider investors' concerns unfounded.
Sui to Launch Native Stablecoin USDsui
The L1 blockchain Sui has announced the release of its native stablecoin, USDsui, which will be created through the open issuance platform Bridge.
Kyrgyzstan Shuts Down All Mining Farms Amid Power Shortage
On November 12, all mining farms in Kyrgyzstan were disconnected from the power supply due to an electricity shortage.
Visa Launches Direct Stablecoin Payments
Visa has introduced a pilot project enabling American clients to make direct cross-border payments in the stablecoin USDC.
a16z Opposes US Regulation of Decentralized Stablecoins
Andreessen Horowitz's cryptocurrency division, a16z crypto, has urged the US Treasury to clarify key definitions in the new regulations governing stablecoins.
Coinbase Abandons $2 Billion Acquisition of BVNK
Coinbase and stablecoin startup BVNK have mutually decided to abandon a $2 billion acquisition deal.
Federal Reserve Member Warns of Stablecoins’ Impact on Monetary Policy
The increasing demand for dollar-pegged stablecoins could lead to a reduction in the key interest rate, according to Federal Reserve Board member Steven Miran.
USDX stablecoin loses its dollar peg, drops to $0.30
On November 6, the synthetic “stablecoin” USDX from Stable Labs lost its US dollar peg, falling more than 60% in a day to $0.30.
Mastercard, Gemini, and Ripple to Test Stablecoin RLUSD Card Payments
Mastercard, in partnership with Gemini and Ripple, will test card payments using the stablecoin RLUSD on the XRP Ledger.We use cookies to improve the quality of our service.
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