Fintech Giant Revolut Said to Be Planning Stablecoin
WEB4 days ago · The highly lucrative stablecoin sector, dominated by Tether's USDT with a market cap of about $119 billion, has seen a growing crop of new entrants. Circle’s USDC ranks second, at about a third ...
Stablecoin Market Heats Up: Big Players Enter, Expand Offerings
WEB3 days ago · BitGo is set to revolutionize the stablecoin market by launching USDS in Q1 2025. This 1:1 USD-backed stablecoin will offer rewards to liquidity providers, challenging major players like USDT and USDC. Designed for transparency, USDS rewards up to 98% to participants, ensures regulatory compliance, and is …
Stablecoins Are Becoming Systemically Important, Bernstein Says
WEB3 days ago · After a dip in supply in 2023, stablecoin circulation is now back to an all-time high of $170 billion, the report said, and monthly payments volume on-chain has tripled in the last 12 months to $1 ...
Stablecoins Surge Amidst Regulatory Scrutiny - Forbes
WEB4 days ago · However, the narrative is shifting. In Castle Island’s stablecoin report it found that, “In the first half of 2024, stablecoins settled (according to our adjusted estimates) over $2.6 trillion ...
Latest Stablecoins News
WEBJun 10, 2024 · Latest Stablecoins News. Unleash the power of Stablecoins. Dive into the latest news and updates to stay informed, maximize opportunities, and drive success in the crypto world. Jun 17, 2024....
Stablecoin Market Starts Expanding as Tether [USDT] Hits All ... - CoinDesk
WEBDec 5, 2023 · Stablecoin market cap expanded for the first time since May 2022, with Tether's USDT being the main beneficiary, rising to an all-time high supply of nearly $90 billion. The trend reversal is a...
U.S. Stablecoin Bill Takes Big Step Despite Fight from ... - CoinDesk
WEBJul 28, 2023 · U.S. House lawmakers cleared stablecoin legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential ...
Singapore among world’s first to agree to stablecoin crypto ... - CNBC
WEBAug 15, 2023 · Key Points. Singapore’s financial regulator on Tuesday said it had finalized rules for a type of digital currency called stablecoin. Reserves that back stabelcoins must be held in low-risk and...
PayPal launches dollar-backed stablecoin, boosting shares
WEBAug 7, 2023 · Payments giant PayPal said on Monday it has launched a U.S. dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers.
PayPal Launches U.S. Dollar Stablecoin - News
WEBAug 7, 2023 · To address that emerging potential, PayPal (NASDAQ: PYPL) today announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits, short …