Tether projects $15 billion in profit for 2025, extending its dominance in the stablecoin market as investor interest and digital dollar adoption surge. Stablecoin issuer Tether expects 2025 to mark ...
Stablecoin infrastructure startup BVNK raised an undisclosed sum of money from Citi Ventures. BVNK's core technology is effectively a payments rail to facilitate transactions in stablecoins. Major U.S ...
Streamex shares surged over 20% as the company announced a pre-sale for GLDY, a gold-backed stablecoin offering 4% yield and targeting institutional investors. Streamex Corp. saw its stock surge over ...
SoFi (SOFI) has launched a U.S. dollar stablecoin, SoFiUSD, in a bid to bring faster, cheaper money movement to banks, fintechs and enterprise platforms. The coin is issued by SoFi Bank, a nationally ...
Forbes contributors publish independent expert analyses and insights. Pam Kaur covers fintech and bank tech innovation and regulation. SYMBOL - 23 April 2024, Baden-Württemberg, Rottweil: The logo of ...
Ripple’s (XRP) new stablecoin RLUSD reached $1B market cap within a year of its December 2024 launch. RLUSD transaction volume jumped 210% over 30 days to over $4B. Ripple is piloting RLUSD with ...
Paxos mistakenly minted the stablecoins as part of an internal transfer, before it "immediately identified the error and burned the excess PYUSD," the company said in ...
Klarna, the Sweden-based digital bank, has officially announced the launch of KlarnaUSD, a US dollar stablecoin. This move makes it the latest global fintech company to tap blockchain rails for ...
Visa said it marks a key milestone in its stablecoin settlement pilot and broader strategy to modernize the settlement layer for global commerce. For the first time, U.S. issuer and acquirer partners ...
NEW YORK--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, has partnered with Coinbase to add stablecoin funding to its broad range of traditional sources of funding, ...
VelaFi, a stablecoin-based financial infrastructure company under Galactic Holdings, has raised $20 million in a Series B round to support the expansion of its enterprise payments and settlement ...