Stablecoin

News

First Stablecoin Pegged to Brazilian Real Launches on TRON Blockchain

Mercado Bitcoin has introduced MBRL stablecoin linked to the value of Brazilian Real on the TRON blockchain.

News

Stripe Plans to Acquire Platform Bridge

Stripe intends to acquire the stablecoin payments platform Bridge.

Blockchain & Crypto

USDC Integrates With Real-Time Payment Systems of Mexico and Brazil

Circle has partnered with leading banks in Mexico and Brazil to integrate its stablecoin, USDC, into the national real-time payment systems of these two countries.

News

Circle Partners With Sony to Enable USDC on Soneium

Soneium, a public Ethereum layer 2 blockchain ecosystem, will integrate the Bridged USDC Standard and establish bridged USDC as one of its primary tokens for value exchange due to the fresh collaboration.

News

Stablecoin Payments Near $1B in Singapore

The second quarter of 2024 saw record stablecoin payments in Singapore, showing an over 5,000% surge compared to the same period last year.

News

Stablecoin Market Cap Reaches All-Time High

After a consecutive 11-month growth, stablecoins reached a new all-time high of $168 billion in market cap.

News

Yellow Card & Fireblocks to Streamline Cross-Border Payments in Africa

Pan-African fintech and stablecoin platform Yellow Card integrates Fireblocks wallet to improve cross-border transactions for both businesses and individuals in Africa.

Blockchain & Crypto

Skyfire Launches AI Agents for Autonomous Payments

The system offered by Skyfire combines the benefits of AI-powered virtual assistance with autonomous payments on the customer’s behalf.

News

Next Generation Revives Euro Stablecoin With Decta

French startup Next Generation partners with an Irish financial institution Decta to restore the euro-pegged stablecoin, EURT, project after a seven-year suspension.

Blockchain & Crypto

Circle Achieves MiCA Compliance for USDC and EURC Stablecoins

Circle has become the first stablecoin issuer to receive a French license for USDC and EURC to debut in the Union under one of the world’s most comprehensive regulatory regimes for digital assets – MiCA.

Blockchain & Crypto

PayPal USD Now Available on Solana

PayPal’s stablecoin, PayPal USD (PYUSD), is now faster and cheaper to use as it debuts on the Solana blockchain.

Blockchain & Crypto

Stripe Returns Crypto Payments With USDC Stablecoin

After the company postponed BTC transactions in 2018, Stripe is ready to bring back a crypto payment option in the form of stablecoin transfers this summer.

Blockchain & Crypto

BlackRock’s BUIDL Tokenized Fund Gets USDC Transfer Functionality

With the new smart contract, holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) can now transfer their shares to Circle for USDC.

Blockchain & Crypto

South Africa to Start to Work on Stablecoin Regime

South Africa’s Intergovernmental Fintech Working Group will conduct analytical research on the use cases of stablecoins and will pay attention to the consideration of appropriate policy measures and regulation of the digital currency during 2024.

News

New Zealand Central Bank Head Says About Instability of Stablecoins

The Governor of the Reserve Bank of New Zealand, Adrian Orr, expressed concern about digital currencies, calling them oxymorons and the biggest misnomers.

Fintech & Ecommerce

PayPal Funds Crypto Payment Startup Mesh With PYUSD Stablecoin

PayPal has invested in Mesh, a crypto-friendly embedded finance solution, almost completely funding the investment with PayPal USD (PYUSD) – Ethereum-based stablecoin.