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Dunamu, the operator of Upbit, signed a strategic partnership with Visa on Aug. 27 to build stablecoin and artificial intelligence (AI)-driven payment infrastructure, the companies announced in San Francisco. Upbit’s…
The Bank for International Settlements (BIS) says U.S. dollar-pegged stablecoins are repeating a pattern central banks have watched for decades, and the regulatory tools that used to work no longer…
Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first subscription into a tokenized money market fund in Europe. According to the announcement…
Visa, Coinbase, Stripe, Mastercard and more than 140 other companies are launching a new stablecoin called Open USD, built to move money across borders without the fees that come with…
Bitcoin Magazine Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules The Federal Reserve proposed Thursday that payment stablecoin issuers maintain written customer identification programs, a move…
Bitcoin Magazine Stablecoins: Evolution, not a Revolution Technologies tend to have a natural ceiling built into their utility and popularity. Once they’ve solved all the problems they can solve, their…
Bitcoin Magazine Tether Is Buying Bitcoin’s Revolution, How Devastating Will The Consequences Be? At a Glance The GENIUS Act in the U.S. gave private stablecoin issuers a legal framework while…
Bitcoin Magazine Stablecoins Are The CBDCs People like to refer to Bitcoin as a trojan horse that we are going to smuggle into the legacy financial system and government. Stablecoins…
Bitcoin Magazine Save in Bitcoin, Spend in Dollars: Is This The Way Before Hyperbitcoinization? Lava has developed a self-custodial Bitcoin borrowing platform. Unlike traditional crypto loan services that take custody…
Bitcoin Magazine Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing Today, the Senate Banking Subcommittee on Digital Assets hosted its first hearing, entitled “Exploring Bipartisan Legislative…