Showing 20 articles
The UAE’s reported dollar swap talks with the United States could strengthen the confidence layer around AED-backed stablecoins, not by directly backing issuers, but by reinforcing the wider financial system in which AED digital money operates.
Western Union prepares to launch USDPT stablecoin on Solana, aiming to modernize cross-border payments using blockchain technology.
BurjX expands stablecoin infrastructure under ADGM regulation, enabling multi-chain settlements and seamless AED rails across global blockchain networks.
Drift secures $148M funding from Tether and partners after a major hack, replacing USDC with USDT to relaunch and recover user losses.
Société Générale brings its stablecoin to MetaMask as institutions adopt blockchain under MiCA regulatory frameworks. Read on for more details.
Six Swiss banks including UBS, PostFinance, and Sygnum launch collaborative sandbox to test Swiss franc-pegged stablecoin applications in 2026 digital currency initiative.
Stablecoins hit $315B in Q1 2026 as USDC grows rapidly and USDT slips. Institutional adoption, regulation, and market shifts explained.
FX payments startup OpenFX raised $94 million to expand its stablecoin-based FX and cross-border payment infrastructure into Southeast Asia and Latin America.
Swift is building a blockchain ledger for tokenized deposits, with live cross-border payment transactions planned in 2026.
The ECB calls for central bank-backed digital money to ensure market growth, highlighting Ponts and Appia projects and the need for clear public-private frameworks in Europe.
PayPal expands PYUSD to 70 markets, offering faster payments, lower fees, and seamless cross-border transactions for users and businesses globally.
Mastercard is acquiring stablecoin infrastructure firm BVNK for up to $1.8 billion, accelerating its strategy to expand cross-border transfers and business payments across blockchain and fiat rails.
Western Union has partnered with blockchain infrastructure provider Crossmint to introduce its USDPT stablecoin on the Solana network
An ECB working paper cautions that large-scale stablecoin adoption—particularly US dollar-backed instruments—c
UAE stablecoins are built for FX and cross-border settlement, not local payments. How AED and USD rails work together.
Tether, the company behind the world’s largest stablecoin, USDT, has committed $200 million to online marketplace Whop, deepening its push into consumer-facing
Dubai Taxi Company (DTC) is preparing to introduce cryptocurrency as a payment option for customers, signaling another step in the UAE’s accelerating digital
The OCC opens a 60-day comment period on its GENIUS Act stablecoin proposal, clarifying issuer standards, reserves, and risk requirements.
Britain’s Revolut will begin testing a cryptocurrency token pegged to the British pound as part of the Financial Conduct Authority’s regulatory sandbox, the
Meta is exploring the integration of stablecoin-based payments across its platforms, according to a report by CoinDesk citing sources familiar with the matter.
