Euro-denominated stablecoins make up more than 80% of the non-US dollar stablecoin market, which Dune says has grown to about $1.2 billion in total supply, according to a report commissioned by Visa. Dune said euro…
Cross-border payment infrastructure provider Tazapay said it closed an extension to its Series B funding round led by Circle Ventures, bringing the total raised to $36 million. The round included participation from…
Stablecoin issuer Circle, the company behind the USDC (USDC) dollar-pegged token, wrongfully froze 16 wallets in connection with an ongoing civil legal case in the United States, according to onchain investigator and…
Update March 26, 6:02 am UTC: This article has been updated to add comments from Startale Group CEO Sota Watanabe. Startale Group said on Wednesday that SBI Group had invested $50 million to complete the company’s…
Circle’s share sell-off on Tuesday may have been overdone as investors failed to see that the stablecoin issuer’s core business model remains unaffected by the proposed CLARITY Act, analysts at Bernstein said on…
European Central Bank Executive Board member Piero Cipollone said on Tuesday that the ECB expects by this summer to announce the European standards it will use for a potential digital euro, a step aimed at helping…
Circle is partnering with Sasai Fintech to expand the use of its USDC stablecoin across African payment corridors, targeting remittances, business transactions and mobile wallet services. According to Tuesday’s…
Bitcoin (BTC) holders are gradually becoming less prone to panic selling and instead building up cash buffers to deploy during discounted BTC buying opportunities. Onchain data supports this view, highlighting a large…
Tether said it has selected — but not named — a “Big Four” accounting firm to conduct its first full audit of reserves, a long-awaited step after years of scrutiny. In a Tuesday notice, Tether said that the accounting…
BitGo, a digital asset custody and trading platform, and Susquehanna Crypto will collaborate to give institutional clients over-the-counter access to prediction markets, allowing them to trade event-based contracts…
Update (March 25, 3:05 am UTC): This article has been updated to add comments from Catherine Gu. The Solana Foundation has revealed it has secured Mastercard, Worldpay, and Western Union as early users of its newly…
Why Mastercard’s BVNK acquisition is a strategic shift Mastercard’s deal to acquire BVNK for up to $1.8 billion goes beyond simply entering the crypto space. It reflects a well-thought-out strategic redirection. Rather…