Browsing: stablecoin

JPYC, the issuer of a JPY stablecoin, has announced plans for its stablecoin reserve to become a significant buyer of Japanese government bonds. This strategic move aims to enhance the stability and utility of the…

Tether has introduced its CNHT0 stablecoin, which is pegged to the offshore Chinese yuan, on the Conflux network. This launch aims to improve liquidity and facilitate cross-border payment solutions. The CNHT0 stablecoin is designed to… (via Bpaynews real-time desk)

Visa is testing stablecoin payouts to enhance the speed of payments for creators and gig workers. This initiative aims to streamline the payment process, making it more efficient for those in the gig economy. By…

stablecoin payments Visa has launched a new pilot program enabling businesses to settle payments directly using stablecoin, with initial support for the USDC cryptocurrency. This initiative aims to enhance the flexibility of payment options for…

Coinbase has decided to cancel its acquisition plan for the stablecoin startup BVNK, which was valued at $2 billion. The decision comes amid ongoing challenges in the cryptocurrency market and the regulatory landscape. BVNK had…

In a surprising turn of events, cryptocurrency exchange giant Coinbase has decided to pull back from its previously announced $2 billion acquisition of stablecoin company BVNK, as reported by Fortune and Decrypt. This unexpected move… (via Bpaynews real-time desk)

Bank of England Deputy Governor Ben Broadbent has expressed concerns that the weakening of stablecoin regulation may present significant risks to the financial system. Broadbent highlighted the potential dangers associated with a lack of robust…

Exodus Acquires Grateful to Boost Stablecoin Payments in Latin America In a strategic move to expand its influence in the burgeoning cryptocurrency market in Latin America, Exodus, a leading blockchain and cryptocurrency firm, has announced… (via Bpaynews real-time desk)

DeCard stablecoin payments Standard Chartered has announced its support for DeCard’s stablecoin payments in Singapore. This partnership aims to enhance the digital payment landscape in the region. By integrating DeCard’s stablecoin, Standard Chartered seeks to… (via Bpaynews real-time desk)

Stablecoin Pre-Deposit Phase 2 KYC Verification Hourglass has announced an extension for the KYC verification process for its Stablecoin Pre-Deposit Phase 2, now set to conclude on November 13th at 7:59 AM. The extension aims…