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Latest Stablecoin News Today

Western Union Explores Stablecoins for International Transfers

Global payments leader Western Union is preparing to launch a stablecoin-based settlement pilot, marking its most significant move toward blockchain-powered remittances. Specifically, the pilot aims...

Argentines Turn to Stablecoins for 4% Daily Arbitrage Profits Amid Currency Controls

Argentines are increasingly turning to cryptocurrencies, particularly stablecoins, to safeguard their savings and profit amid renewed currency restrictions.  According to Bloomberg, as President Javier Milei...

Wyoming Launches Multi-Chain Test of FRNT Stablecoin Across Seven Blockchains

The State of Wyoming has initiated a large-scale blockchain test involving 700,000 Frontier (FRNT) stablecoins, deploying 100,000 tokens each on seven major blockchains. Data from...

Paxos Clarifies No Security Breach After $300 Trillion PayPal USD Minting Glitch

Stablecoin issuer Paxos accidentally minted an astonishing 300 trillion PayPal USD (PYUSD) tokens on Wednesday after a technical error disrupted its minting system. The incident...

Hackers Siphon Over $21M in Stablecoins After Private Key Leak, Bridge Funds to Ethereum

Blockchain security firm PeckShield has reported a major breach, which resulted in the loss of more than $20 million worth of stablecoins.  According to PeckShield,...

Coinbase and Mastercard Compete to Acquire BVNK

Two financial heavyweights, Coinbase and Mastercard, are reportedly pursuing the acquisition of BVNK, a London-based fintech specializing in stablecoin infrastructure. According to a Fortune report,...

UK Central Bank Softens Stablecoin Limits Amid Industry Pressure

The Bank of England is reconsidering its earlier plan to impose strict limits on the amount of stablecoins that businesses can hold. According to Bloomberg,...

Stripe Eyes US Banking Licenses to Expand Stablecoin Operations

Stripe is preparing to seek key banking licenses in the United States as it advances its stablecoin issuance efforts. According to The Information, the global...

Nine Major European Banks Unite to Launch Euro Stablecoin

Nine of Europe’s largest banks have come together to launch a euro-backed stablecoin, aiming to transform the continent’s digital payments landscape.  The initiative will operate...

CFTC Launches Initiative to Enable Stablecoins as Collateral in Derivatives Markets

The U.S. Commodity Futures Trading Commission (CFTC) has announced a landmark initiative allowing stablecoins to be used as tokenized collateral in derivatives markets. Acting Chair...

Kazakhstan Central Bank Launches First National Stablecoin on Solana

Kazakhstan has officially entered the stablecoin market with the launch of Evo (KZTE), a digital asset tied to the national currency, the Tenge.  The announcement...

PayPal Expands PYUSD Stablecoin to Multiple Blockchains via LayerZero

PayPal is strengthening its presence in the cryptocurrency market by expanding the reach of its U.S. dollar stablecoin, PYUSD, across multiple blockchains. The latest integration,...

Google Launches AI Payments Protocol with Stablecoin Support in Coinbase Partnership

Google has launched a new open-source AI payments system that lets AI apps easily send and receive money using regular payment methods and stablecoins. This...

Stripe Introduces New Layer-1 Blockchain to Power Real-world Payments

Fintech giant Stripe and crypto venture firm Paradigm have unveiled Tempo, a new layer-1 blockchain to power real-world payments using stablecoins. In an X post,...

Mastercard Strengthens Its Ties with Circle in New Stablecoin Settlement Rollout for EEMEA Merchants

Mastercard has announced a new digital asset settlement solution for merchants and acquirers in the EEMEA region through a strategic tie-up with Circle. Notably, the...

Solana Could Outshine Ethereum in the Future of Stablecoins: REX Financial CEO

REX Financial CEO Greg King suggests that Solana could play a more significant role than Ethereum in the future of stablecoins.  King made the assertion...

MetaMask Confirms mUSD Stablecoin Debut on Ethereum and Linea

MetaMask, one of the most widely used crypto wallets globally, is entering a new chapter with the launch of MetaMask USD (mUSD). The announcement...

China Considers Yuan-Backed Stablecoins in Major Policy Reversal

China is preparing to allow yuan-backed stablecoins for the first time, signaling a major shift in its crypto policy and a new push to...

Goldman Sachs Predicts Stablecoin Market Could Reach Trillions of Dollars

Goldman Sachs believes the current stablecoin market is in its early stages, projecting its potential growth into the trillions of dollars.  The investment bank made...

Expert Counters FUD About Tether With Evidence of U.S. Expansion and Strong Financial Ties

Tony Edward, the host of the Thinking Crypto podcast, pushes back on negative rumors surrounding the world’s largest stablecoin issuer, Tether.  Yesterday, Edward slammed critics...