Bitcoin Reclaims 91,000 Dollars but Liquidity Fragility Persists
Bitcoin has achieved a significant technical rebound, trading near 91,700 dollars and registering a 3% rise in the last 24 hours. Despite this momentary relief...
stablecoins
Visa and Aquanow Streamline CEMEA Payments with New Stablecoin Alliance
Visa has announced a strategic partnership with crypto infrastructure firm Aquanow to expand its stablecoin settlement capabilities across Central and Eastern Europe, the Middle East,...
US Bank tests issuance of stablecoin on Stellar, fueling hopes of XLM price recovery
The US Bank pilot to issue stablecoins on the Stellar network, executed with PwC and the Stellar Development Foundation, has revived expectations of an XLM...
Ondo Finance Allocates 25 Million to Figure’s Stablecoin to Boost Its Fund
In a decisive maneuver for the tokenized assets sector, it has been confirmed that Ondo Finance executed an Ondo investment in YLDS valued at 25...
Canada Approves Budget with New Rules for Stablecoins in 2025
Prime Minister Mark Carney’s government achieved a crucial legislative victory this Monday night, securing parliamentary approval for a federal budget that establishes a new national...
BNY Mellon launches BNY Dreyfus Stablecoin Reserves Fund (BSRXX) for stablecoin issuers
BNY Mellon introduced the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), a government money market fund designed for stablecoin issuers and qualified institutional investors to hold...
Dubai Court Orders Global $456 Million Asset Freeze Linked to Justin Sun
A Dubai court has ordered a global Justin Sun asset freeze worth $456 million. The measure is related to an alleged bailout of TrueUSD stablecoin...
Bank of England’s Sarah Breeden warns that diluting stablecoin rules threatens UK financial stability
Sarah Breeden, Deputy Governor of the Bank of England, warned that loosening stablecoin rules could threaten the United Kingdom’s financial stability. Her warning links liquidity...
Transak secures 6 new U.S. state licenses and expands stablecoin payments footprint
Transak has obtained six additional Money Transmitter Licenses (MTL) in the United States — Iowa, Kansas, Michigan, South Carolina, Vermont and Pennsylvania, enabling the lawful...
JPMorgan and DBS Bank team up on cross-border tokenised deposit framework
JPMorgan and DBS Bank have announced a collaboration to develop an interoperable framework for cross-border transfers of tokenised deposits. The initiative seeks to enable 24/7...