BlackRock Stablecoin Fund Receives Top S&P Rating
BlackRock's stablecoin reserve fund has been awarded an AAAm rating by S&P, marking a significant achievement for the $50 million fund.
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BlackRock's stablecoin reserve fund has been awarded an AAAm rating by S&P, marking a significant achievement for the $50 million fund.
Japan's Financial Services Agency has launched a standalone division focused on cryptocurrency and stablecoin oversight, enhancing its regulatory framework.
Ripple's RLUSD stablecoin lending via Flare and Morpho allows XRP holders to use their assets as collateral, potentially reshaping the DeFi landscape.
Mastercard has finalized its acquisition of BVNK, a stablecoin infrastructure provider, to integrate on-chain payment technology into its global network.
Bitcoin's price has fallen below $64,000 as stablecoin inflows weaken, contributing to a market downturn that has wiped out billions in value.
South Korea has unveiled a roadmap to introduce won-backed stablecoins, alongside currency reforms to make the won freely convertible.
AZ-COM Maruwa will pay 2,300 logistics partners in JPYC, marking a significant corporate stablecoin initiative in Japan.
Former President Trump suggests a 25% tariff on Brazil's Pix system, citing trade practices, as dollar stablecoins become increasingly popular in Brazil's crypto market.
Donald Trump has criticized Brazil's promotion of non-dollar payment systems, including Pix, amid concerns over the dominance of dollar-linked stablecoins in the country.
Bitcoin's value has fallen below $63,000 as tensions in the Middle East and a chip selloff impact risk assets.
Visa has introduced a stablecoin platform supporting Open USD, allowing banks and fintechs to issue and manage digital dollars, intensifying competition with Circle.
The FATF calls for urgent enforcement of crypto AML measures as stablecoin-related crimes rise, with criminal networks exploiting these assets to evade sanctions.