PayPal has expanded access to its PYUSD stablecoin to 70 markets, enabling wallet access, transfers, and rewards for eligible users.
Mastercard said it will acquire stablecoin infrastructure firm BVNK for up to $1.8 billion to link onchain and fiat payment rails.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Hana Financial Group and Standard Chartered will explore joint initiatives in digital assets, including stablecoins.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Singapore-based company provides services that bridge traditional fiat payment rails and stablecoin settlement infrastructure.
HKMA Chief Executive Eddie Yue said last month that the regulator had received 36 applications under the new framework.
GLD has seen outflows of about 2.7% of assets, while IBIT has seen inflows of around 1.5% of assets since the war erupted, analysts said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
JPMorgan allegedly served as the “exclusive vehicle” for a $328 million crypto Ponzi, funneling $253 million into Goliath Ventures.
The funding round includes new governance roles, with Tom Lee joining Eightco’s board and ARK Invest's Brett Winton serving as an advisor.
Ripple has launched a share buyback of up to $750 million at a $50 billion valuation, a source told The Block.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strive is narrowing SATA’s price range to $99-$101 and boosting its dividend to 12.75%, higher than Strategy's STRC, which it was modeled on.
Wells Fargo filed a trademark for “WFUSD” covering digital asset software and tokenization services, extending its crypto push.
Consumers agree by a 6-to-1 margin that stablecoin yield laws “should be cautious and not take any steps that could undermine our existing financial system."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Financial services firm Aon accepted USDC and PYUSD stablecoins for Coinbase and Paxos's insurance premium payments.
Nasdaq has partnered with Kraken’s parent company Payward to build infrastructure linking tokenized equity markets with blockchain networks.
Reform UK party leader Nigel Farage has invested in Stack BTC Plc, as the company expands its bitcoin treasury strategy.
The approval places Strike among a small group of firms authorized to operate in the state under NYDFS supervision.
Banks are expected to object and potentially pursue litigation, but TD Cowen argues they lack the power to stop such approvals.
The Office of the Comptroller of the Currency has recently given conditional approval to several stablecoin issuers to become banks.
Core Scientific secured a $500 million Morgan Stanley facility, with an option that could bring total commitments to $1 billion.
The product will tap diversified lending strategies on protocols such as Aave, Morpho, and Pendle as well as market-neutral basis trades.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Trump's direct involvement is required, but it is hard to see that occurring while the U.S. is in armed conflict with Iran, TD said.
Morgan Stanley's updated S-1 filing named Coinbase and BNY as custodians for its proposed bitcoin exchange-traded product.
At times, the authors turn to standardization efforts in traditional finance like SWIFT and ISIN as a roadmap for blockchain interoperability.
Kraken has become the first crypto firm to secure a Federal Reserve master account for its Wyoming-chartered banking unit.