The Bank of England’s (BoE) latest discussion paper surrounding various payment and digital asset innovations reveals that whilst the central bank is exploring these areas, it still has its guard up to…
Tag: stablecoin
Standard Chartered joins HKMA’s stablecoin sandbox programme
Image courtesy of Shutterstock.com Standard Chartered has been named among the participants in the Hong Kong Monetary Authority (HKMA) stablecoin issuer sandbox. As a participant, Standard Chartered will issue stablecoins in Hong…
Stablecoin issuer Paxos gains Singapore operational approval
credit: Shutterstock Paxos, a stablecoin and cryptocurrency issuer, has received full regulatory approval to operate within Singapore. The company was authorised and cleared by the country’s Money Authority of Singapore (MAS) which…
Circle’s USDC & EURC gain MiCA clearance to become first European stablecoin issuer
credit: Shutterstock Circle has become the first global stablecoin issuer to receive regulatory approval for its USDC and EURC coins under Europe’s Markets in Crypto Assets (MiCA) framework. This compliance clearance was…
Bitstamp delists EURT stablecoin to prepare for MiCA regulations
credit: Shutterstock Cryptocurrency exchange Bitstamp will delist the Tether EURT stablecoin to meet Markets in Crypto Assets (MiCA) regulations before coming into force on 30 June. The world’s longest-running crypto exchange announced…
PayPal’s PYUSD stablecoin launches on the Solana blockchain
credit: Shutterstock PayPal is making its native stablecoin, PYUSD, more accessible after announcing that it will be launching on one of the most popular blockchain networks, Solana. The financial service announced the…
BVNK opens the door to blockchain with PayPal-backed stablecoin
Editorial credit: Panchenko Vladimir / Shutterstock.com Payments infrastructure provider BVNK has integrated stablecoin PayPal USD (PYUSD) into its payment platform. Following the integration, businesses will be able to access the US dollar-pegged…
Visa unveils stablecoin dashboard to reduce ‘noise’ in data
Image courtesy of Shutterstock.com Visa has launched ‘Onchain Analytics Dashboard’ in collaboration with blockchain data provider Allium Labs to make stablecoin activity easier to understand. In a bid to provide transparency and…
‘Treasurers need to start prepping’ for stablecoin boom
credit: Shutterstock Stablecoins have often been hailed as the saving grace to bridge the gap between fiat and digital currency. However, adoption rates, much like the overall crypto sector, have been slow…
The Blockchain Bulletin: Time for the US to act on the growing stablecoin market?
Payment Expert’s Blockchain Bulletin analyses how the world of blockchain is constantly evolving and heavily impacting the payments industry, with cryptocurrencies, NFTs and the metaverse revolutionising the space. This week, Ripple Labs…