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A group of US banks have announced that they intend to launch their own stablecoin, called USDF, hoping to tackle concerns about the reserves behind nonbank issued equivalents.
banks, product launch, stablecoin, regulation, partnership
HOKK Finance, one of the original meme tokens, has released 4444 utility NFTs.
product launch, NFT, Token, cryptocurrency, stablecoin
PayPal has announced it is exploring the launch of its own stablecoin as part of its cryptocurrency push.
PayPal, product launch, stablecoin, cryptocurrency, blockchain
XinFin has teamed up with the EURS stablecoin, a large euro-backed digital asset to onboard EURS into the XDC Network to form part of its diverse stablecoin ecosystem.
blockchain, trade finance, stablecoin, SMEs
Meta-owned social media platform WhatsApp is planning on testing its payment feature in the US, using Novi integration.
Novi, WhatsApp, Facebook, digital wallet, stablecoin, online payments
Zone, a blockchain payment platform design by Appzone Switch, has announced it will launch in Lagos in December 2021.
blockchain, stablecoin, distributed ledger technology, financial services, API
The money we use today was built to fit the economy of the past. But as a society and its technological fabric progress, money in its current form is no longer adequate to support the Internet economy we are building.
cryptocurrency, Bitcoin, CBDC, stablecoin, blockchain
Digital currencies planned by major central banks have the change to become legal tender in their jurisdictions, according to officials studying such initiatives.
CBDC, digital currency, central bank, digitalisation, stablecoin
US-based fintech Circle has announced plans to establish a regional hub in the Singapore market and to initiate the application process to obtain Singapore licenses and registrations.
expansion, digital currency, stablecoin, Monetary Authority of Singapore (MAS), regulation
Tassat has released its TassatPay platform which enables banks to issue cash-backed stablecoins known as DigitalDollars as well as a real-time bank payment network.
product launch, banks, stablecoin
Facebook has started to roll out a “small pilot” of its Novi digital wallet in the US and Guatemala, more than two years after it was first announced, according to The Verge.
cryptocurrency, Paxos, stablecoin
US-based enterprise technology provider R3 has acquired the technology and team of the UK-based tokenisation solution company Ivno to use its capabilities across the Corda platform.
tokenization, acquisition, R3, digital currency, digital assets, stablecoin
Pan-African cryptocurrency exchange, Yellow Card, has announced a USD 15 million Series A, the to ramp up hiring and continue its expansion across the continent.
funding, stablecoin, cryptocurrency exchange, unbanked
The US Treasury Department has met with several industry participants to quiz them about the risks and benefits posed by stablecoins.
regulation, treasury, stablecoin, cryptocurrency, central bank
CompoSecure, a provider of financial payment cards and crypto storage and security solutions, has announced that it will manufacture a new crypto rewards credit card for Gemini.
partnership, credit card, cryptocurrency, stablecoin
funding, cryptocurrency, blockchain, stablecoin
partnership, blockchain, DeFi, stablecoin
More than a buzzword, Decentralised Finance (DeFi) provides a broad range of benefits in financial services for users. But what is DeFi? Igor Mikhalev, BCG Platinion, and Igor Struchkov, Firmshift explain
DeFi, payment processing, financial services, banks, blockchain, smart contracts, digital assets, stablecoin, SME lending, insurance
CBDC, EPI, digital payments, cryptocurrency, DeFi, regulation, instant payments, risk management, banks, digitalisation, data, payments infrastructure, bigtech, central bank, stablecoin
European Central Bank (ECB) board member Fabio Panetta has stated believing that a digital euro would offer better data protection than privately issued stablecoins.
digital euro, cybersecurity, stablecoin, data protection