Tag: stablecoin

Payments giant Stripe has recently made a significant move by acquiring the stablecoin platform Bridge for a whopping $1.1 billion, a significant increase from the platform's $200 million valuation. This acquisition marks Stripe's entry...

Brandon Lutnick, a 27-year-old, was appointed as the chairman of Cantor Fitzgerald in February. This move came shortly after his father was chosen as the Commerce Secretary by U.S. President Donald Trump. On May...

The stablecoin market has seen significant growth over the past year, with an all-time high market cap of $171 billion. Major players like Visa, PayPal, Revolut, and Stripe have all entered the stablecoin space,...

Rune Christensen, the founder of Sky, formerly known as MakerDAO, has put forth a proposal for a strict deflationary approach to the governance token of the protocol. The community is set to vote on...

Global payment platform Stripe is in talks to acquire Bridge, a company that specializes in transactions involving stablecoins like Tether’s USDT and Circle’s USDC. This move reflects Stripe's commitment to embracing digital currencies and...

Ripple, a blockchain service company closely associated with XRP Ledger, revealed its exchange partners and market makers for its upcoming RLUSD stablecoin at the Ripple Swell 2024 conference in Miami, Florida. The company also...

The stablecoin market is making a comeback, with its capitalization nearing its all-time high. Analyst Alice Liu believes this signals a significant amount of cash on the sidelines ready to be invested once momentum...

State Street, a major asset management and banking company based in Boston, is currently in the process of tokenizing a bond and a money market fund. However, the company has clarified that there are...

Stablecoin usage in Latin America has been on the rise as the region grapples with high inflation and economic instability. According to Chainalysis’ global adoption report, stablecoins like USDT have become essential financial tools...

SG Forge, a subsidiary of Societe Generale, is making a strategic move by shifting its euro stablecoin, EUR CoinVertible (EURCV), to the Solana blockchain. This decision comes after the initial launch of EURCV on...