The stablecoin market is collectively worth north of $170 billion. That’s a large number. And with the news Monday (Oct. 21) that FinTech giant Stripe has reportedly acquired stablecoin platform Bridge for $1.1 billion, it’s becoming a harder one for the payments sector to ignore. Stripe...
Payments infrastructure provider BVNK has launched a partnership with USDC-issuer Circle. The collaboration is designed to accelerate the utility of the USDC stablecoin for BVNK customers, according to a Thursday (Oct. 17) news release. “BVNK will integrate USDC more deeply into its payment offerings, enabling businesses to leverage...
In the first 24 hours of allowing its merchants to accept stablecoin payments for online transactions on its platform, Stripe reportedly saw that customers from more than 70 countries made purchases with that form of payment. Stripe authorized its merchants in the United States to...
Coinbase is preparing to delist stablecoins that don’t adhere to European regulations by year’s end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union’s Markets in Crypto-Assets Regulation (MiCA) is introducing tougher oversight of cryptocurrency companies. “Given our commitment...
May 19, 2023
To access central bank accounts in the European Union (EU) today, electronic money token (EMT) issuers, and by extension all electronic money institutions (EMIs), have no choice but to rely on banking partners. That lack of direct access to fiat settlement affects stablecoin issuers like Circle — the regulated FinTech behind the USD coin (USDC), […]
December 15, 2022
Bad crypto news has brought a big opportunity for traditional banks to advance tokenized deposits. Add in the unreliable, peg-breaking status of so-called stablecoins, as well as a swirl of...
November 09, 2022
Whether you’re talking about remittances sent home by migrant workers or other larger sums moving from one country to another, cross-border payments are the part of finance that crypto companies...
July 08, 2021
The latest entrant to the SPAC parade has all the buzz of crypto and blockchain, but is rooted in the dollar and in stablecoins. Circle, the FinTech behind the USD...
October 29, 2024
Money movement platform Thunes has launched a partnership with stablecoin issuer Circle. The collaboration is designed to “accelerate innovation in stablecoin liquidity management,” letting members of Thunes’ Direct Global Network to fund and execute cross-border transactions using USDC, the companies said in a Tuesday (Oct. 29) news release. This will allow for faster transfers in seconds, seven days a […]
October 17, 2024
Payments infrastructure provider BVNK has launched a partnership with USDC-issuer Circle. The collaboration is designed to accelerate the utility of the USDC stablecoin for BVNK customers, according to a Thursday (Oct. 17) news...
October 10, 2024
In the first 24 hours of allowing its merchants to accept stablecoin payments for online transactions on its platform, Stripe reportedly saw that customers from more than 70 countries made...
October 06, 2024
Coinbase is preparing to delist stablecoins that don’t adhere to European regulations by year’s end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union’s...
