IMF: Stablecoin use surges in developing nations, Nigeria leads with 65% of crypto inflows in 2024
🌍 Stablecoin inflows make up 65% of all crypto activity in Nigeria in 2024. 💸 $USDT and other digital dollars…
Bitcoin rises to $86,688 after weak US jobs data, Tether launches USDT on Bitcoin
🚀 Bitcoin jumped to $86,688 after US jobs data missed expectations. 📈 $USDT is returning to Bitcoin via Utexo with…
Lloyds completes $750,000 cross-border USDC settlement with Visa in pilot test
🚀 Lloyds trial settles $750,000 with Visa in under 1 hour using $USDC. 🕒 Round-the-clock blockchain settlement outpaces traditional cross-border…
SBI DigiTrust tests stablecoin QR payments for Japanese travelers in South Korea
🟠 SBI DigiTrust is now testing stablecoin QR payments for Japanese travelers in South Korea. 🚀 The pilot uses NICE’s…
Global debt hits record $365 trillion as stablecoin issuers boost US Treasury demand
🌍 Global debt jumps to a record $365 trillion, says the IIF. 📈 Stablecoin issuers now rival major foreign investors…
Verda Ventures warns stablecoin payments in Latin America rely on just 16 key liquidity providers
🚨 Stablecoin payments in Latin America rely on just 16 core liquidity providers. 💱 If a major party loses banking…
Monad’s MON jumps 15%, trading volume surges as StraitsX reveals stablecoin plan
🚀 MON jumps 15% in 24 hours, driven by surging spot and derivatives trading volumes. 📈 MON’s open interest hits…
Coinbase, Mastercard, Visa, Stripe launch $1 billion Open USD stablecoin
🚨 Coinbase, Mastercard, Visa, Stripe and Shopify launch $1 billion Open USD stablecoin. 💸 OUSD debuts on Ethereum, Solana, Base…
Bloomberg adds stablecoin dashboard to Terminal, covers 98% of market
🚨 Bloomberg now tracks 98% of the stablecoin market on its Terminal. 📊 New dashboard covers major metrics like supply,…
Abracadabra proposes shutdown, MIM holders to recover $0.04 per token
🚨 Abracadabra proposes to close its lending protocol, with MIM holders to recover $0.04 per token. 🟠 A series of…
HSBC names stablecoin RedCoin, announces Hong Kong rollout for P2P and P2M payments
🚨 HSBC officially names its Hong Kong stablecoin HSBC RedCoin. 🧑💼 RedCoin’s rollout will first target P2P and P2M payments…
AllUnity launches USDAU stablecoin pegged to US dollar on six blockchains
🚀 AllUnity debuts USDAU, a US dollar-pegged stablecoin, on six major blockchain networks. 🟢 USDAU aims to offer transparent reserves…
MoonPay launches Seoul hub for KRW stablecoin push with Woori Bank
🚀 MoonPay Korea opens in Seoul, teaming up with Woori Bank for a major stablecoin push. 🌏 The new hub…
Morgan Stanley launches digital asset lab to advance stablecoin and tokenization research
🚨 Morgan Stanley unveils its digital asset lab for stablecoin and tokenization research. 🟠 Employees can now test new blockchain…
Japan FSA approves fourth stablecoin pilot for cross-border trade settlement
🚨 Japan's FSA approved its fourth stablecoin pilot for cross-border trade settlement. 🟢 The pilot covers payments between exporters and…
Circle announces CFO Jeremy Fox-Geen to depart by December 2026
🚨 Circle CFO Jeremy Fox-Geen to leave by December 2026, search for successor underway. 🕵️ The company announced an orderly…
Seven UK banks complete live tokenized sterling deposit transactions
🚨 Seven UK banks have completed live tokenized sterling deposit transactions. 💡 Funds in $GBP deposits were locked and released…
Visa survey finds 56% of US consumers would use stablecoins with added protections
🔒 56% of US consumers would consider using stablecoins if fraud and insurance protections were in place. 📊 Visa’s survey…
HIFI raises $37 million, cross-border stablecoin flows hit $220 billion
💰 HIFI raises $37 million to scale its stablecoin infrastructure. 🌍 Cross-border stablecoin flows hit $220.3 billion, rising 77.5% year…
Trump administration considers global expansion of dollar stablecoins
🚨 Trump administration mulls global expansion of dollar stablecoins. 💰 U.S. agencies may back ventures to grow $311 billion in…
