The Paxos CEO attempted to reframe the minting incident as validation of blockchain technology’s transparency benefits. In brief Paxos mistakenly minted 300 trillion PYUSD tokens last week befor...
Former RWA Company exec Max Glass alleges in a lawsuit that he was wrongfully excluded from a stablecoin venture that turned into M^0, the infra provider behind MetaMask’s mUSD. Max Glass, a for...
Tether’s USDT has now been used by 500 million users, a monumental milestone in crypto for providing financial accounts to those excluded by the traditional banking system. US dollar-pegged stablecoin...
Japan’s three largest banks, Mitsubishi UFJ Financial Group , Sumitomo Mitsui Financial Group and Mizuho Financial Group , will jointly issue “stablecoins”, digital currencies pegged...
Coinbase unveiled a business platform offering crypto payments, stablecoin yields, and accounting integrations for small and midsize firms. Coinbase has launched a business product billed as an “...
USDC balances held in Coinbase Business earn 4.1% APY, and can be cashed out on demand to a linked business bank account via Wire or ACH. U.S.-listed cryptocurrency exchange Coinbase (COIN) is introdu...
BlackRock has launched the Select Treasury Based Liquidity Fund (BSTBL) to manage reserves for stablecoin issuers under the new GENIUS Act, expanding its crypto footprint. BlackRock is expanding its p...
This latest move from Larry Fink’s firm aims to further capitalize on the boom in stablecoin demand, BlackRock first told CNBC. BlackRock , a giant in the world of stocks and bonds, is ramping u...
Global demand for dollar-backed tokens continues to climb as Alex Svanevik says stablecoins mark crypto’s real breakthrough. Stablecoin circulation is soaring to record levels and Nansen CEO Alex Svan...
A more favorable regulatory environment in the U.S. has prompted American banks to offer more services to do with digital assets. Citi is aiming to launch a service for the custody of crypto assets in...
