Bitcoin Revolutionizes Stablecoin Creation in Days
@Paypal’s PYUSDx surpasses $100M, ranking eighth among stablecoins with $2.81B. M0’s platform enables rapid app-specific stablecoin launches. #Update #Crypto
Stablecoins
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Stablecoin Launches Across Europe by US Bank
U.S. Bank executed a cross-border payment using its stablecoin USBDC on Stellar, marking a significant step in its digital asset strategy. #Update #Crypto $XLM
Visa Stablecoin Card Launches to Boost Remittances
@MoneyGram is launching a Visa-branded stablecoin debit card in Colombia, following @WesternUnion’s recent similar initiative. The card will initially be virtual, with plans for a physical version later. #Update #Crypto $MGUSD
MoneyGram Launches Stablecoin-Backed Spending Card
@MoneyGram launches a Visa card allowing customers to hold dollars and spend from a stablecoin-backed balance, enhancing the use of digital dollars in everyday transactions. #Update #Crypto $USDC
Stablecoin Infrastructure Launches for US Banks
@Coinbase partners with @Moov to provide stablecoin infrastructure for over 1,000 US community banks, enabling consumer payments and merchant settlements. #Update #Crypto $USDC
Visa Stablecoin Settlement Surges to $20B
Visa’s stablecoin settlement hits $20B annualized rate with 160+ card programs; onchain credit cuts financing costs by 30%, enabling faster settlements. #Update #Crypto
Stablecoin Launches in U.S. Bank Cross-Border Transaction
@USBank successfully completed a cross-border payment using its USBDC stablecoin on the Stellar blockchain, validating its Digital Asset Platform and exploring further digital asset applications. #Update #Crypto $USDC
Tether Launches $400 Million Private Credit Fund
@Tether is launching a $400 million fund with Fasanara to enhance private credit lending opportunities and stablecoin payment infrastructure. #Update #Crypto $USDT
Tether Launches $400M Private Credit Fund
@Tether and Fasanara Capital have launched a $400M private credit fund, StableFund, targeting $3B from institutional investors for asset-backed lending using $USDT in over 60 countries. #Update #Crypto $USDT
PayPal Launches Custom Stablecoin Issuance Platform
@PayPal has launched the PYUSDx stablecoin developer platform, supported by PayPal USD (PYUSD), in collaboration with M0 and MoonPay. #Update #Crypto $USDT
Stablecoin Launches with U.S. Bank Test
@USBank is exploring its USBDC stablecoin for treasury payments and liquidity management after completing a live transaction. #Update #Crypto $USDC
Visa Launches Onchain Credit for Stablecoin Cards
@Visa integrates its settlement network with onchain lending, enhancing stablecoin-linked card programs. Over 160 such programs now operate, with a $20B annualized settlement volume. #Update #Crypto $USDC
Stablecoin Lending Expands with Visa Partnership
@Visa is enhancing onchain lending for stablecoin-linked cards by merging VisaNet data with blockchain credit infrastructure, unlocking new financing opportunities for fintechs. #Update #Crypto $USDC
Stablecoin Card Launches with VisaNet Data
@Visa’s stablecoin settlement volume exceeds $20 billion annualized, a 15x increase YoY; it aims to leverage this data for blockchain lending to issuers. #Update #Crypto $USDC