Tempo, a blockchain for stablecoin payment processing, just concluded a $500 million fundraising round. With …
Stablecoin
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DeFi Ecosystem
Bank of England’s £20,000 stablecoin cap sends ‘terrible signal’ to crypto, says Lord – DL News
by adminThe Bank of England’s stablecoin limits received fresh criticism. Restricting stablecoin use sends ‘terrible signal’ …
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DeFi Ecosystem
Paxos’ $300tn stablecoin blunder sparks confusion amid firm’s trust charter bid – DL News
by adminPaxos accidentally minted $300 trillion of PayPal’s stablecoin. It’s not clear how the firm made …
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Japan’s three largest banking groups are reportedly planning to jointly launch a stablecoin as institutional …
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Three of Japan’s largest banks reportedly plan to jointly issue a yen-pegged stablecoin, contributing to …
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Japan’s largest financial institutions have joined forces to launch a stablecoin pegged to the yen …
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BNY Mellon is exploring the development of stablecoin infrastructure but has not committed to launching …
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Crypto News
U.S. Fed’s Barr Catalogues Dangers to be Dodged in Future Stablecoin Regulations
by adminWASHINGTON, D.C. — The crypto sector and some of the financial giants on Wall Street …
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In brief BlackRock will adapt one of its money market funds to specifically serve stablecoin …
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Bank of England Deputy Governor Sarah Breeden has clarified that the central bank’s plan to …