Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL
WEB11 hours ago · Updated Sep 26, 2024 at 11:25 a.m. UTC. (Ryan Quintal/Unsplash, Modified by CoinDesk) Ethena has announced a new stablecoin that invests its reserves in Blackrock's real-world asset fund called ...
Robinhood, Revolut Explore Entering $170B Stablecoin Sector
WEB6 hours ago · Companies from Robinhood Markets Inc.to Revolut Ltd.are considering launching stablecoins, betting that stricter regulations in Europe and elsewhere will finally loosen Tether Holdings Ltd.’s ...
Robinhood, Revolut Explore Joining $170 Billion Stablecoin Field
WEBCompanies from Robinhood Markets Inc. to Revolut Ltd. are considering launching stablecoins, betting that stricter regulations in Europe and elsewhere will finally loosen Tether Holdings Ltd. ’s grip on the rapidly expanding $170 billion digital-asset sector. Robinhood and Revolut, two of the most valuable fintechs, have both been kicking the ...
Latest Stablecoins News | Forbes Digital Assets
WEBJun 10, 2024 · Stay ahead in the crypto world with cutting-edge Stablecoin news. Come and discover game-changing insights for your cryptocurrency investing strategies.
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 ...
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...
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.
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 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 …
US congressional committee advances stablecoin bill | Reuters
WEBJul 28, 2023 · July 27 (Reuters) - The U.S. House Financial Services committee on Thursday advanced a bill to establish a federal regulatory framework for stablecoins, a type of cryptocurrency typically pegged...