Tether Launches Gold Stablecoin Visa Card
Tether launches a gold-backed Visa card with Fasset, converting XAUT to $USDT and fiat, offering up to 6% cashback in XAUT. #Update #Crypto $USDT
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Tether launches a gold-backed Visa card with Fasset, converting XAUT to $USDT and fiat, offering up to 6% cashback in XAUT. #Update #Crypto $USDT
Mastercard enhances stablecoin settlements with $USDC, $RLUSD on Ethereum, Solana, and Base for 24/7 credit card transactions. #Update #Crypto $USDC
Tether launches the first Visa card linked to tokenized gold, XAUT, allowing users to earn up to 6% cashback while converting transactions into fiat. $1M allocated for rewards. #Update #Crypto $XAUT
The Russian ruble-backed A7A5 stablecoin processed over $110 billion in transactions, capturing 43% of the non-US dollar stablecoin market despite sanctions, with holders rising from 13,000 to 29,000. #Update #Crypto $A7A5
@Mastercard integrates $USDC, RLUSD, PYUSD, and three stablecoins into its global card settlement network across eight blockchains. Rollout continues through 2026. #Update #Crypto $USDC
@Stripe, @Visa, and @Mastercard are reportedly launching a new stablecoin platform, with @Coinbase exploring participation. The stablecoin market cap is approximately $325 billion. #Update #Crypto $USDC
U.S. banking lobbyists, including the American Bankers Association, revealed a survey showing 57% support halting crypto yield on stablecoins, arguing it risks community lending as lawmakers draft the Digital Asset Market Clarity Act. #Update #Crypto $USDC
@Ripple launches RLUSD stablecoin in Turkey, integrating with local platforms BiLira, Bitexen, and Bitlo to capture institutional demand amid high crypto transaction volumes. #Update #Crypto $XRP
Coinbase partners with Checkout.com to enable stablecoin payments for over 1,000 merchants, allowing USDC and USDT acceptance while settling in dollars. #Update #Crypto $USDC
The U.K. House of Lords committee urges the Bank of England to reconsider its stringent stablecoin limits, suggesting monitoring market growth instead; current proposals may hinder issuer viability. #Update #Crypto $USDT
@Coinbase invests in ProShares ETF to enhance stablecoin reserves, aligning with the GENIUS Act’s requirements for liquid asset backing. Ongoing CLARITY Act discussions may impact future regulations. #Update #Crypto $USDC
The NYDFS and EBA align regulatory efforts to oversee stablecoins, sharing information on market trends and risks. #Update #Crypto $USDC
@Ripple’s RLUSD stablecoin expands into Turkey via partnerships with BiLira, Bitexen, and Bitlo, targeting a market with $200B in annual crypto transactions. #Update #Crypto $RLUSD
@MoneyGram has launched MGUSD, a dollar stablecoin on the Stellar network, enhancing its blockchain-based global payment services. #Update #Crypto $USDC