Japan's three largest banks—Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group—are collaborating to issue a yen-pegged stablecoin for corporate cross-border settlements, marking the country's most significant ...
A technical malfunction caused Paxos to accidentally mint $300 trillion worth of PYUSD stablecoin on Wednesday afternoon, a sum dwarfing the global GDP before the blockchain infrastructure firm burned all ...
In a startling technical mishap, Paxos, the issuer of PayPal’s dollar-backed cryptocurrency accidentally minted 300 trillion PYUSD stablecoin tokens on the Ethereum blockchain late Wednesday. The error, which occurred at ...
The Ripple Africa partnership with Absa Bank, one of South Africa’s leading financial institutions, signals a pivotal moment in the continent’s blockchain adoption. Announced earlier this week, the collaboration enables ...
On October 14, Tether launched a fully open-source Wallet Development Kit (WDK), giving developers easy and accessible tools to integrate USDT into wallets, exchanges, and payment systems. According to Tether, ...
In a move that could redefine the future of digital payments, Coinbase and Mastercard are in advanced negotiations to finalize a potential BVNK acquisition worth between $1.5 billion and $2.5 ...
Ripple Labs has partnered with Bahrain Fintech Bay to introduce its RLUSD stablecoin to Gulf markets, marking the payments firm's latest Middle East expansion move. That’s what’s happening as Ripple ...
Jupiter, Solana’s leading decentralized exchange aggregator, has announced the launch of its own JupUSD stablecoin, developed in partnership with Ethena Labs. The JupUSD stablecoin is set to go live in ...
In a landmark move for global finance, Malaysia has granted Fasset a provisional license to operate the world’s first stablecoin-based Islamic digital bank, setting the stage for deeper integration between ...
Donald Trump Jr. has firmly rejected crypto conflict of interest claims, calling them “complete nonsense” during an appearance at the Token2049 conference in Singapore. Speaking to CNBC, the president’s eldest ...
