As the United States moves closer to introducing stablecoin legislation, Circle CEO Jeremy Allaire is urging tighter regulatory oversight, calling for all issuers of dollar-pegged digital assets to be registered within the United States. In an interview with Bloomberg,...
PayPal wants to boost the adoption of its USD-pegged stablecoin, PayPal USD (PYUSD), by integrating across its services. According to Bloomberg, the payment giant is planning to introduce PYUSD as an option for its over 20 million small to...
Braza Group has introduced BBRL, a stablecoin pegged to the Brazilian Real, on the XRP Ledger (XRPL) to enhance digital transactions in Brazil and South America. The company, ranked sixth in Brazil’s interbank market operations by the Central Bank...
Federal Reserve Governor Christopher Waller advocates for a regulatory framework that permits banks and non-banks to issue stablecoins. He believes stablecoins could enhance the U.S. dollar's global influence, but their effective adoption requires clear regulations. Speaking at a conference...
Brazil has witnessed a significant surge in cryptocurrency adoption, with stablecoins now driving nearly 90% of digital asset transactions, according to Gabriel Galipolo, the country's central bank chief. Galipolo reportedly made this declaration while speaking at a Bank for...
According to a recent report by ARK Invest titled "Big Ideas 2025," stablecoin adoption surged in 2024, with transaction volumes reaching a record-breaking $15.6 trillion, surpassing the combined volumes of major players like Visa and Mastercard by notable margins—119%...
Automated trading bots accounted for 70% of stablecoin transaction volume in 2024, according to a recent survey by crypto exchange CEX.IO. The survey, which analyzed blockchain activity across Ethereum, Base, and Solana, highlighted the increasing role of bots in...
ABN AMRO, the third-largest bank in the Netherlands, has completed a pilot program for on-chain trading of tokenized securities in collaboration with the German digital asset exchange 21X. The trial, announced on January 30, focused on using stablecoins to...
The European Central Bank (ECB) emphasizes the significance of a digital euro by introducing a digital euro project competing with U.S. dollar-backed cryptocurrencies. The project aims to enhance secure payments in the eurozone and reduce reliance on non-European providers...
Taiwan’s Financial Supervisory Commission (FSC) is set to unveil a draft law in June 2025 that will allow local banks to issue stablecoins pegged to the New Taiwan Dollar (TWD). The proposal is part of a broader framework aimed...
