Ripple offered to buy stablecoin rival Circle for up to US$5 Billion
The offer comes as crypto dealmaking accelerates following a run-up in digital-token values, which has spurred several players to ramp ...
Tag: Stablecoin
Three Abu Dhabi giants plan stablecoin backed by UAE’s currency
Growing popular worldwide, stablecoins are typically pegged to traditional currencies, which makes them less vulnerable to price volatility like other ...
Fidelity tests stablecoin in latest Wall Street blockchain push
Fidelity Investments is testing a stablecoin, as large financial firms continue to dive into one of crypto’s fastest-growing sectors.Fidelity’s stablecoin ...
Trump’s World Liberty Financial crypto venture to launch stablecoin
Donald Trump’s World Liberty Financial crypto venture will launch a US dollar-pegged stablecoin, it said in a statement on Tuesday, ...
Circle says stablecoin issuers should be US registered
JEREMY Allaire, the co-founder of stablecoin issuer Circle Internet Financial, is making the case that the issuers of the US ...
Banks want in on Tether’s billions in stablecoin profits
UNTIL recently, banks watched from the sidelines with envy as stablecoin market leader Tether Holdings boasted of billions in profits. ...
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
SINGAPORE Gulf Bank is seeking to raise at least US$50 million in a funding round and plans to acquire a ...
Tether to launch stablecoin pegged to UAE’s dirham
CRYPTOCURRENCY company Tether said on Wednesday (Aug 21) it plans to provide a new stablecoin pegged to the United Arab ...
Hong Kong regulator plans licensing regime for stablecoin companies
The authorities aim to turn the city into a digital asset hub, part of a larger effort to restore its ...
Stablecoin Tether steps up monitoring in bid to combat illicit finance
THE world’s largest stablecoin, Tether, has stepped up monitoring of how its tokens are used in broader crypto markets and ...
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