Paxos Secures Singapore Approval, Expands Globally
Paxos International, a blockchain and tokenization platform, has secured full regulatory approval from the Monetary Authority of Singapore (MAS). This approval allows Paxos to offer...
Tag : stablecoin
Stablecoin Transfers Soar: A Sign of Growing Crypto Adoption
by Harper Hall
Stablecoin transfers have surged over the past four years, signaling mass crypto adoption. In April, the monthly stablecoin transfer volume hit a record high of...
Tether to Invest $1 Billion in Emerging Technologies
by Bran Lopez
Stablecoin leader Tether plans to invest a significant portion of its revenue to emerging technologies. CEO Paolo Ardoino revealed the company’s intention to invest at...
Lightning Labs Innovates Taproot Protocol for Bitcoin Stablecoins
Lightning Labs, spearheaded by CEO Elizabeth Stark, unveiled groundbreaking functionality at FT Live’s Crypto and Digital Assets Summit in London. Leveraging Bitcoin’s Taproot upgrade, the...
Tether’s New Investment Boosts Crypto Adoption in Eastern Europe
by Bran Lopez
Stablecoin behemoth Tether is doubling down on its commitment to cryptocurrency adoption in Eastern Europe with a fresh injection of investment into the Georgia-based crypto...
Bancolombia Unveils Wenia Exchange and COPW Stablecoin
by Robert Paul
Bancolombia, the largest bank in Colombia, is stepping into the cryptocurrency realm with the launch of its dedicated crypto exchange, Wenia. This strategic move reflects...
Tether Holdings Reports Record $4.52 Billion Profit in Q1 2024
by Harper Hall
Tether Holdings, the entity behind the world’s largest stablecoin, Tether USDT, has announced a remarkable achievement in the first quarter of 2024, reporting a record...
Tether Ventures Beyond Stablecoins with New Divisions
Tether’s latest move involves the launch of four new business divisions: Tether Data, Tether Finance, Tether Power, and Tether Edu. This strategic expansion aims to...
UK’s Clearer Crypto Regulations by July
by Anna Garcia
In a bid to foster local innovation in digital assets and blockchain technology, the United Kingdom Treasury is set to unveil a regulatory framework for...
BlackRock’s Tokenized Fund Now Transferrable to Circle Using USDC
Circle, the issuer of major stablecoin USDC, has enabled transfers of BlackRock USD Institutional Digital Liquidity Fund (BUIDL) shares to its stablecoin. Tokenized Fund Transfers...