Coinbase Dismisses Banks’ Concerns Over Stablecoins as Overblown
The fear among American banks that stablecoins will "absorb" their deposits is unfounded and overlooks the actual potential uses of these assets.
Coinbase Dismisses Banks’ Concerns Over Stablecoins as Overblown
The fear among American banks that stablecoins will "absorb" their deposits is unfounded and overlooks the actual potential uses of these assets.
First Korean Won-Pegged Stablecoin Launched on Base Network
IQ and Frax have launched the "stablecoin" KRWQ, pegged to the South Korean won. This asset marks the first such token in the L2 solution Base.
Mastercard to Acquire Crypto Startup Zerohash for $2 Billion
Payment giant Mastercard is set to acquire cryptocurrency startup Zerohash, with the deal valued at $2 billion.
Hyperliquid and BNB Chain Surpass Solana in Fee Volume
At the start of the year, Solana accounted for over 50% of fees among L1 networks. By October, this figure had fallen to 9%.
Visa Expands Support to Four New Stablecoins
Visa, the payment company, has broadened its transaction capabilities by adding support for four stablecoins across four different blockchains.
South Korea’s Central Bank Warns of Stablecoin Deppegging Risks
The Bank of Korea has released a report expressing concerns over the risks of stablecoins losing their peg, particularly those denominated in won.
Coinbase to Assist Citi in Integrating Stablecoin Payments
Investment bank Citi, in partnership with Coinbase, will explore the potential for implementing stablecoin payments for corporate clients, according to Bloomberg.
Western Union to Integrate Stablecoins into Money Transfers
Western Union will launch a pilot project for transactions using stablecoins.
Transaction Volume of Coinbase’s x402 Protocol Surges by 10,000%
On-chain activity in Coinbase's x402 protocol has increased more than tenfold over the past month, according to Dune data.
Kyrgyzstan Plans Launch of Stablecoin and CBDC
Kyrgyzstan is set to release a som-pegged stablecoin, KGST, on the BNB Chain blockchain. The country is also preparing to test CBDC, announced President Sadyr Japarov.We use cookies to improve the quality of our service.
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