Tag

Stablecoin

UABA and TD Markets Partner to Drive Stablecoin Education and Real-World Use in South Africa

The United Africa Blockchain Association (UABA) and TD Markets have announced a strategic partnership to accelerate blockchain education and real-world stablecoin adoption across South Africa. The collaboration will roll out...
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Bank of Korea Pauses CBDC Pilot Amid Rising Stablecoin Momentum

The Bank of Korea has announced a temporary suspension of preparations for the second phase of its central bank digital currency (CBDC) pilot, dubbed “Project Han River,” originally scheduled for...
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Stablecoins in Africa: A Dollar Alternative for Cross-Border Payments and Savings

In recent years, stablecoins have emerged as a transformative force in the global financial ecosystem, offering a new frontier for digital payments, savings, and remittances—particularly in Africa. As traditional financial...
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Ripple Eyes Stablecoin Supremacy with Bold Bid to Acquire Circle

Ripple’s recent bid to acquire Circle, the issuer of the USDC stablecoin, signals a strategic move to solidify its position in the evolving cryptocurrency landscape. This development follows Ripple’s significant...
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SEC Declares Covered Stablecoins Like USDT and USDC Are Not Securities

In a significant regulatory development, the U.S. Securities and Exchange Commission (SEC) has officially declared that certain stablecoins, including leading tokens like Tether (USDT) and USD Coin (USDC), are not...
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Yellow Card Secures a total of $85 Million to Lead Africa’s Stablecoin Revolution

Yellow Card, one of Africa’s leading cryptocurrency exchanges, continues to make waves in the fintech space. With the recent successful $33 million Series C funding round, the company is now...
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Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion in Landmark Crypto Deal

In a historic move for the cryptocurrency sector, payments giant Stripe has announced the acquisition of stablecoin platform Bridge in a transaction valued at $1.1 billion. This deal marks the...
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PayPal Expands PYUSD Stablecoin to Solana, Introduces Confidential Transfers

On May 29, PayPal announced the deployment of its PYUSD stablecoin on the Solana blockchain, expanding beyond its previous availability on Ethereum. This strategic move introduces “confidential transfers,” a significant...
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Central Bank Governor Urges Action Amidst Growing Stablecoin Concerns

Bank of Korea Governor Rhee Chang-yong highlighted the challenges posed by the increasing dominance of stablecoins like tether (USDT) and USD Coin (USDC). Despite their name, these digital currencies often...
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France’s Société Générale Unveils Largest Euro-Pegged Stablecoin, EUR CoinVertible, in Crypto Market Debut

Société Générale, one of France’s leading banks, has stepped into the burgeoning stablecoin market with the launch of its native euro-pegged stablecoin, EUR CoinVertible (EURCV). This move marks a significant...
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