Visa just launched stablecoin settlement in the US using Circle’s dollar-pegged digital asset USDC. The move allows US issuer and acquirer partners to settle transactions on the blockchain, starting with the Solana network. The move marks a key step in Visa’s pilot program to integrate stablecoins into global commerce. Visa’s U.S. stablecoin settlement framework is…
BNB Chain has introduced a stablecoin to enhance cross-chain liquidity. The token targets large-scale, high-volume usage across different sectors. Community buzzes as Binance founder CZ follows a new stablecoin named U. BNB Chain is planning a massive step into the stablecoin industry. The platform took it to X to introduce a new stablecoin set to…
The leading stablecoin company Tether is investing $8 million in Speed, a payments infrastructure firm. The funding round, led by Tether with participation from Ego Death Capital, aims to advance stablecoin payments on Lightning – a network built on top of Bitcoin to power instant and cheap transactions. The goal is to enable efficient payments…
Fundstrat’s Tom Lee believes basic market dynamics favor crypto bullishness despite recent price woes. In a new interview with CNBC, Lee predicts that crypto’s “best years are still definitely ahead.” “Today, there are only four million Bitcoin wallets with $10,000 in them. There are 900 million IRA and brokerage accounts globally that have $10,000, so…
Standard Chartered and Coinbase just announced an expanded partnership to develop digital asset services for institutional clients worldwide. The collaboration focuses on trading, prime services, custody, staking and lending solutions. The move combines Standard Chartered’s global banking expertise and risk management with Coinbase’s leading institutional platform to offer secure, compliant digital asset management. It builds…
Stablecoin giant Circle (CRCL) just minted billions of dollars worth of its US Dollar Coin (UDSC), according to on-chain data. Blockchain analytics platform Arkham Intelligence says Circle’s creation of new UDSC is now surging following the crypto market’s severe correction last month. “Circle just minted $750 million USDC. They have minted $4 Billion USDC in…
Institutional investors just bought an overall total of $716 million in Bitcoin (BTC) and crypto assets in one week, according to a new update from Coinshares. Digital asset exchange-traded products (ETPs) drove the inflows, marking the second consecutive week of gains as market sentiment improved. Total assets under management rose to $180 billion, up 7.9%…
Binance has suspended an employee who allegedly used one of the exchange’s social media accounts to promote a token. The top global crypto exchange says a preliminary investigation concluded that the employee had connections to a token that was issued on Sunday. Less than a minute after the asset was issued, the employee allegedly posted…
The leading US-based crypto exchange Coinbase says it’s about to add support for two new digital assets. Starting today at 9:00 a.m. PST, Coinbase says it will add spot trading for Plume (PLUME) and Jupiter (JUPITER), assuming liquidity conditions are met. Plume is focused on bringing real-world assets onto the blockchain with a layer-1 network…
CEOs of some of the largest banks in the US are about to meet with lawmakers on Capitol Hill as a key Senate Committee prepares to vote on major Bitcoin and crypto legislation. The Senate Banking and Agriculture Committees are preparing to vote on a digital asset market structure bill this month. And ahead of…
