Crypto-friendly Singapore Gulf Bank is reportedly seeking to raise a minimum of $50 million to expand its offerings and facilitate its acquisition of a stablecoin payments company in 2025. According to a Bloomberg report on November 25, the bank plans to secure the capital by selling up to 10% of ...
Dutch payment technology firm Quantoz Payments has announced the launch of two new stablecoins, EURQ and USDQ, set to go live in Europe on November 21. According to a November 18 press release, EURQ and USDQ are fully backed on a one-to-one basis by fiat reserves and highly liquid financial ...
Binance has announced that it will be the first exchange to launch the new stablecoin USUAL via its pre-market launch platform, Binance Launchpool. The crypto exchange stated that the token's dedicated page will go live 12 hours prior to its pre-market launch, which is scheduled for 10:00 UTC on November ...
The Reserve Bank of India (RBI) Governor Shaktikanta Das voiced strong concerns over stablecoins, which he described as "private money" that could undermine government sovereignty by allowing private issuers to dominate the payments system. Speaking at the G30 39th Annual International Banking Seminar in Washington, DC, Das argued that the ...
Payments giant Stripe is reportedly in talks with Texas-based stablecoin payments platform Bridge to enhance its range of cryptocurrency services. According to a recent Bloomberg report, the discussions are still ongoing. However, no official agreement has been reached, and both companies have remained tight-lipped about the potential deal. If Stripe ...
Curve Finance has teamed up with the TON Foundation to launch a collaborative hackathon focused on improving stablecoin trading and enhancing user experience on the TON blockchain. The hackathon is scheduled to run until October 17, according to a press release published on October 11. Participants will utilise Curve’s constant-function ...
Fireblocks, a digital asset management platform, and blockchain developer Chainlink Labs have announced a strategic partnership to build and offer banks and financial institutions a secure and compliant technology solution for issuing and transacting stablecoins globally. According to a press release from both companies, this new solution provides on-chain collateral ...
The TON Foundation, the nonprofit backing the development of The Open Network (TON) blockchain, has unveiled a new partnership with Curve Finance, a leading DEX. The collaboration aims to launch a swap project that will improve user experience and optimize stablecoins trading on the TON blockchain. The project will leverage ...
You will be able to trade the newly launched stablecoin, Eurite (EURI), on Binance starting August 28, 2024. According to the announcement published today, Monday, August 26, the crypto exchange will open spot trading pairs EUR/EURI and EURI/USDT on that day, and users can begin depositing the EURI stablecoin in ...
Russia is reportedly preparing to launch two new cryptocurrency exchanges, one in St. Petersburg and the other in Moscow, with a focus on stablecoin development. According to Kommersant, the St. Petersburg exchange may leverage the infrastructure of the St. Petersburg International Mercantile Exchange, while the Moscow exchange's framework is still ...
