Yen stablecoin creator anticipates a larger role in Japan’s bond market
Stablecoin Issuers May Shape Japan’s Bond Market TOKYO – The head of Japan’s pioneering yen-pegged stablecoin issuer suggests that these entities could become significant players in the Japanese government bond market in the near future. This could notably impact the central bank’s ability to manage monetary policy. On October 27, the startup JPYC began rolling […]
WLFI Partners with Bonk and Raydium to Establish USD1 as Solana’s Preferred Stablecoin
World Liberty Financial Expands on Solana Blockchain World Liberty Financial (WLFI), linked to former US President Donald Trump, has recently shared its plans to enhance its operations on the Solana blockchain. The announcement details a new collaboration between the meme coin platform Bonk and Raydium, a decentralized exchange that offers features such as automated market […]
Mastercard Plans to Take Over Crypto and Stablecoin Infrastructure Company Zerohash
Mastercard is reportedly nearing a deal to acquire the crypto and stablecoin infrastructure startup Zerohash. The companies are in the final stages of negotiations, with the acquisition potentially valued between $1.5 billion and $2 billion. However, there’s a chance the deal might fall through, according to a report by Fortune, which cited unnamed sources. When […]
Morning Minute: Western Union Selects Solana for Stablecoin
GM! Here are the highlights for today: Major cryptocurrencies have dipped by about 1-2% as we approach the FOMC meeting. BTC stands at $113,200. Bitwise’s SOL ETF has broken the record for launch day volume in 2025. Western Union has unveiled a Solana-based stablecoin. MetaMask is launching Season 1 Rewards, offering $30 million in prizes. […]
Japan launches the first stablecoin tied to the yen
Japan Launches the First Yen-Pegged Stablecoin Japan is set to introduce its first stablecoin linked to the yen this coming Monday. This is quite a noteworthy development, given that cash and credit cards remain the dominant forms of payment in the country. The Japanese startup JPYC has revealed plans to issue a stablecoin supported by […]
Japan introduces its first stablecoin linked to the yen.
JPYC Stablecoin Set to Launch in Japan Starting Monday, Japan will see the introduction of the world’s first stablecoin that is pegged to the yen. This marks a notable development in a country where cash and credit cards dominate the way people conduct transactions. The startup JPYC has revealed plans to issue a stablecoin that […]
Ethereum Whales Steadily Gather Holdings as Stablecoin Usage Soars 400%
According to Token Terminal, over the last 30 days, stablecoin transfers on Ethereum have surged by 400%, reaching a staggering $581 billion across more than 12.5 million transactions. Currently, the market cap for Ethereum’s stablecoins stands at over $163 billion. However, Ethereum itself has dipped about 4.5% in the past week, briefly hitting a support […]
Tether Aims to Reach 100 Million Americans with USAT Stablecoin Through Rumble and New Investments
Lugano, Switzerland — Tether’s Expansion Plans Tether, the firm behind the leading stablecoin USDT, is gearing up for new investments to target its US audience, aiming for a user base of 100 million, according to CEO Paolo Ardoino in a recent interview. The upcoming USAT token is being crafted specifically for the American market, designed […]
Coinbase Introduces Stablecoin Payment System for Businesses
Coinbase is rolling out a new set of B2B payment tools that utilize USDC, a stablecoin pegged to the US dollar, making transactions as simple as sending an email. On October 16, the company announced a global payout feature enabling businesses to send USDC to any on-chain address or directly to an email. This means […]
BlackRock expands its cryptocurrency efforts with a revamped offering for stablecoin issuers
BlackRock, a major player in the investment world, is intensifying its focus on the stablecoin sector, as the company revealed to CNBC. This initiative, expected to be publicly announced soon, reflects a strategy to take advantage of the ongoing growth in cryptocurrency markets. With an impressive $13.5 trillion in assets under management, BlackRock has revamped […]