Tag: stablecoin

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European banks to launch euro stablecoin in bid to counter US dominance

A consortium of nine European banks, including heavyweights ING and UniCredit, said on Thursday they are forming a new company to launch a...

Bitcoin steadies at $111K as stablecoin liquidity boosts confidence

Bitcoin traded around $110,900 on Wednesday, while Ethereum declined to approximately $4,330. Analysts note that BTC is holding steady after the recent drop,...

US puts GDP data on the blockchain in Trump’s crypto push

The US government on Thursday began distributing gross domestic product data on public blockchains, marking the latest Trump administration endorsement of the crypto...

Hong Kong taxis are a perfect stablecoin test case

Asia’s last bastion of Luddite resistance to modern payment technology is finally crumbling. From April 1, Hong Kong’s cash-loving cabbies will be required...

Stablecoin $2 trillion forecast is ‘optimistic,’ JP Morgan says

The eye-catching $2 trillion projection for the potential growth of the stablecoin market that was often cited during the recent push to approve...

AE Coin set to transform UAE’s financial landscape with Dirham-backed stablecoin

The United Arab Emirates (UAE) is poised to revolutionize its financial landscape with the imminent launch of AE Coin, the nation's first fully...

Cryptocurrency Prices on September 10: Bitcoin trades above $56,500; Dogecoin, Toncoin jump over 6%

The cryptocurrency market saw significant gains on Tuesday, driven by strong performances from Bitcoin, Ethereum, BNB, Solana, Dogecoin, and Toncoin.As of 1:31 pm...