Block’s Cash App has quietly begun rolling out its highly anticipated stablecoin payment feature, a source familiar with the matter told CoinDesk Wednesday. According to this individual, the feature is…
Stablecoins, the name given to cryptocurrencies pegged to the price of a stable asset such as the US dollar or gold, have outgrown their label as they become part of…
Brazil's central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances.BCB Resolution No. 561, published April 30, updates rules for…
US tech giant Meta has launched USDC payouts for creators on its platforms in the Philippines and Colombia, with plans to expand to additional markets. Creators who opt into the service…
Investment banking giant Morgan Stanley has made a quiet by significant move into stablecoins, expanding its footprint in the digital assets industry.The firm's investment management arm, MSIM, has announced the…
Banks and corporates across Europe are moving beyond exploration and are now actively selecting infrastructure partners to support stablecoin adoption, according to Lamine Brahimi, co-founder and managing partner at crypto…
Blockchain analysis firm Chainalysis estimates that stablecoin volumes could hit a lofty $1.5 quadrillion within the next decade, beating the total volume of global cross-border payments today. In a report on…
Representatives of the crypto and banking industries are meeting with legislative staffers on Thursday and Friday to review revised compromise language on stablecoin yield provisions in the market structure bill,…
Shares of Circle (CRCL), the crypto firm behind the USDC (USDC) stablecoin, could add to their recent remarkable surge, according to analysts at brokerage Bernstein.The team, led by Gautam Chhugani,…
Block CEO Jack Dorsey says his company will support stablecoins, despite having long argued that Bitcoin should serve as the internet’s native money protocol.In an interview with WIRED, Dorsey acknowledged…
