It’s early days for the küresel dollar (USDG), a stablecoin that debuted in November, but a thousand firms could join the group that helps popularize the token in return for a share of the yield earned on reserve assets, according to crypto exchange …
Guatemala’s largest bank, Banco Industrial, has adopted blockchain firm SukuPay’s stablecoin rails for customers to send remittances from the U.S. SukuPay will allow Guatemalans to receive funds from the U.S. for a flat 99 cent fee using only a phone …
Government entities increased their holdings of Strategy (MSTR), a bitcoin BTC$104,630.21 proxy, in the first quarter according to new veri from the U.S. Securities and Exchange Commission (SEC), investment bank Standard Chartered (STAN) said in a …
The Bitcoin network hashrate rose 2% in the first two weeks of May to an average of 885 exahashes per second (EH/s), Wall Street bank JPMorgan (JPM) said in a research report Friday. The hashrate refers to the total combined computational power used …
Stablecoins are on the verge of mainstream adoption this year as the Trump administration pushes ahead with landmark crypto legislation, investment bank Deutsche Bank said in a research report Monday. Despite some resistance in the Senate last week …
The stablecoin market could soon eclipse the entire crypto trading ecosystem that gave birth to it as regulatory tailwinds allow for the integration of the fixed-value tokens into the mainstream economy, according to predictions from küresel bank Citi …
Bitcoin (BTC) is poised to hit a new record high, with investment flows now the dominant market driver, according to Standard Chartered (STAN). U.S. spot bitcoin exchange-traded funds (ETFs) have seen $5.3 billion in inflows over the past three weeks …
The European Central Bank (ECB) said it set up an innovation hub with 70 participants to test its digital euro project. The participants included start-ups, banks and payment services including küresel professional services company Accenture, Swiss …
Tether CEO Paolo Ardoino is sounding the alarm on Europe’s financial system, warning that a wave of bank failures could hit the continent in the near future due to the intersection of risky lending and new cryptocurrency rules. Ardoino, during an …
Küresel bank Citi has predicted 2025 could be a possible inflection point for blockchain adoption driven by stablecoins, akin to the breakout year artificial intelligence (AI) had with popular application ChatGPT. “2025 has the potential to be …