Browsing: stablecoin

Tether has minted 1 billion $USDT on the Ethereum network, expanding its stablecoin supply. This move reflects Tether’s ongoing strategy to meet market demand for its digital currency. The minting process involves creating new tokens… (via Bpaynews real-time desk)

stablecoin payments Crypto wallet Exodus is acquiring Grateful to enhance its stablecoin payment options across Latin America. This acquisition aims to improve the accessibility of stablecoin transactions in the region. It reflects Exodus’s commitment to… (via Bpaynews real-time desk)

Paxos has announced the issuance of an additional 100 million PYUSD on the Ethereum network. This move is part of Paxos’ ongoing efforts to enhance its digital asset offerings. The issuance aims to meet growing… (via Bpaynews real-time desk)

Circle is set to issue an additional 1 billion USDC on the Ethereum network. This move is part of Circle’s ongoing efforts to expand its stablecoin offerings. The issuance aims to enhance liquidity and support… (via Bpaynews real-time desk)

Bank of England Proposes £20,000 Cap on Retail Stablecoin Holdings In a significant move that underscores the shifting regulatory landscape for cryptocurrencies in the United Kingdom, the Bank of England has proposed a £20,000 cap… (via Bpaynews real-time desk)

stablecoin holding limits The Bank of England has announced its intention to implement temporary limits on stablecoin holdings. This decision is part of a broader regulatory framework aimed at ensuring financial stability. The central bank…

Exodus Movement has acquired a Uruguayan payment company, enhancing its stablecoin payment operations. This acquisition is part of the company’s strategy to strengthen its presence in the digital payment sector. The Uruguayan company, known for… (via Bpaynews real-time desk)

stablecoin M&A A wave of mergers and acquisitions in the stablecoin sector is anticipated, with Coinbase reportedly prepared to spend $2 billion to acquire infrastructure firm BVNK. This potential acquisition reflects Coinbase’s strategy to enhance… (via Bpaynews real-time desk)

Coinbase plans to lend BVNK to create a high-speed lane for stablecoin transactions. This initiative aims to enhance the efficiency of stablecoin operations. By facilitating faster transactions, Coinbase seeks to improve the overall user experience…

The Bank of England has proposed a limit of £20,000 on individual stablecoin holdings to ensure financial stability and consumer protection. This cap is part of the bank’s broader regulatory framework for digital currencies. The…