Stablecoins, which are typically pegged to the U.S. dollar and backed 1:1 to a pool of reserves, have been around for a ...

Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as ...

Paxos has joined the list of firms seeking a national trust charter, with the stablecoin issuer following Circle and Ripple ...

Initial Exchange: When a country allows $1 billion in stablecoins to be issued, they receive electronic currency, and the issuer purchases government bonds (T-bills). That is $2 billion for the price ...

South Korean retail investors increased their investments in shares related to stablecoins, following the passage of the U.S.

The stablecoin issuer seeks to convert its New York Department of Financial Services license to federal oversight ...

Paxos, issuer of PayPal’s PYUSD stablecoin, has filed for a US national trust bank charter to replace its New York license, renewing an effort that stalled in 2023.

China Rare Earth Group, Ant Group, and the People’s Bank of China (PBoC) have come forward to deny rumors that claim they plan to launch a joint effort to ...

Stablecoin transactions have passed $5 trillion this year, with their value up 47% since the 2024 U.S. election.

The strict customer identification rules mandated in Hong Kong’s new stablecoin law could hinder adoption of the digital ...

Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President ...

Ripple has agreed to acquire Rail, a stablecoin-powered platform for global payments, for $200 million, the crypto payments ...