Stablecoins
World Liberty Financial releases USD1 stablecoin plans to ease pressure from scam clones
WLFI aims to disrupt market giants with USD1, a stablecoin boasting decentralized finance roots and traditional financial oversight.
stablecoins
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Stablecoins
World Liberty Financial cautions about USD1 scams amid upcoming stablecoin launch
WLFI has yet to issue any specific details about the impending USD1 stablecoin.
Stablecoins
China calls for digital yuan expansion amid US stablecoin dominance concerns
China urges digital yuan internationalization to challenge US dollar-pegged stablecoin dominance in global finance.
Stablecoins
Thailand’s SEC gives Tether and USDC the green light for digital trades
The Thai SEC's green light for USDT and USDC comes as the stablecoin market continues to expand.
Stablecoins
Japan ushers in stablecoin era with SBI VC Trade’s landmark license and planned USDC listing
SBI VC Trade's landmark approval opens doors for USDC, boosting Japan’s stablecoin ecosystem with phased user access.
Stablecoins
US financial giants Bank of America look to enter stablecoin market as PayPal advances PYUSD
Bank of America considers launching its stablecoin if legalized, while PayPal deepens PYUSD integration for global transactions.
Stablecoins
Tether CEO alleges rivals aim to ‘kill’ USDT through legal and legislative channels
Tether's USD-backed stablecoin faces political challenges amid US regulatory shifts impacting access to Treasury bills.
Stablecoins
Tether refutes JPMorgan’s suggestion it will sell Bitcoin to navigate regulation
Tether dismisses concerns over regulatory compliance, boasts $20 billion liquidity surplus to adapt easily.
Banking
ECB empowers fintechs with direct access to Europe’s central bank payment systems
ECB's regulatory move enables fintechs direct Eurosystem access, enhancing competition and reducing dependency on traditional banks.
Stablecoins
Stablecoins surpass Visa and Mastercard with $27.6 trillion transfer volume in 2024
High-speed and highly liquid networks like Solana propelled stablecoin trading volume way past Visa and Mastercard in 2024.
Stablecoins
Justin Sun’s Tron eyes wider market influence with ‘zero-fee’ stablecoin framework
Tron's stablecoin initiative seeks to widen adoption and challenge Ethereum's market dominance.
Stablecoins
Western Union and MoneyGram app usage drops as stablecoin adoption surges
Stablecoins redefine remittance by offering faster, cheaper cross-border payments amid declining app downloads for traditional giants.