Search Results for: stablecoins

HTX Rolls Out Multi-Layered Incentives To Welcome Users Into the Next Frontier in the Golden Age of Stablecoins

HTX, a leading global cryptocurrency exchange is launching a series of stablecoin-focused campaigns to accelerate user onboarding and expand stablecoin adoption across its platform, positioning itself at the forefront of a structural evolution in the crypto economy. This move comes as global financial institutions like Mastercard and Morgan Stanley rapidly

1 day ago 3 mins read

BOE Governor Warns Against Stablecoins, Urges Focus on Tokenized Bank Deposits

Andrew Bailey, governor of the Bank of England (BOE), has issued a warning against stablecoin issuance by banks, arguing that the central bank should instead prioritize tokenizing deposits. According to the BOE official who spoke with The Sunday Times, stablecoins pose grave threats to banking institutions and the overall stability

July 14, 2025 2 mins read

The Role of Stablecoins in Illicit Activities

Origin of Stablecoins Stablecoins made their debut in 2014. It aims to combine the steady value of fiat currencies with the openness and flexibility of blockchain technology. The first of its kind, BitUSD, was introduced in July 2014 as a credit-backed stablecoin on the BitShares platform. Tether (USDT), which was

July 2, 2025 7 mins read

Walmart and Amazon Plan USD Stablecoins Amid Regulatory Push

Two prominent companies, Walmart and Amazon, are planning to issue their own US dollar-backed stablecoins for customers, indicating broader institutional stablecoin adoption with more regulatory clarity in the US. Both firms are considering the development of brand-specific stablecoins, as revealed by people close to the matter and reported in the

June 13, 2025 2 mins read

Uber Explores Stablecoins for Faster, Cheaper Global Payments

Uber, an American multinational transportation company, is now spreading its wings towards stablecoins to ease global payments and cut transaction costs linked with cross-border transactions. The chief executive officer of Uber, Dara Khosrowshahi, attended the Bloomberg Tech Summit in San Francisco on June 5, in which he revealed that the

June 6, 2025 2 mins read

Do Stablecoins Have Practical Use Cases? This Nobel Laureate Doesn’t Think So

The stablecoin market has grown exponentially since the inception of asset-backed cryptocurrencies. Their current market cap is over $251 billion, amounting to 7.63% of the total crypto market capitalization. Top stablecoins like USDT and USDC are used by billions of crypto users all over the world. The increased popularity and

June 2, 2025 3 mins read

FTX Freezes $500M in Disputed Creditor Claims from Crypto-Restricted Countries

FTX to Distribute over $5B in Stablecoins to Creditors This Week

According to a report by crypto analyst Miles Deutscher on YouTube, FTX Exchange will distribute more than $5 billion to creditors in stablecoins on Friday, May 30, marking the second largest payout since its bankruptcy. This distribution follows an initial $7 billion payment in February 2025. Together, these payments bring

May 29, 2025 3 mins read

The Quiet Rise of Stablecoins in Business

INXY Payments announces the launch of its fully integrated stablecoin payment platform, built to simplify and accelerate digital transactions for businesses globally. As the digital payments landscape evolves and regulatory frameworks like MiCA come into effect across Europe, INXY provides a future-proof solution for companies seeking efficiency, compliance, and cross-border

May 22, 2025 4 mins read

Why Dark Stablecoins Are the Future of Crypto

As global governments intensify their grip on digital finance, a new breed of cryptocurrency is quietly entering the spotlight: dark stablecoins. These censorship-resistant stablecoins are becoming increasingly attractive to users seeking privacy and freedom from regulatory oversight. Ki Young Ju, CEO of CryptoQuant, sparked discussion in a May 11 post,

May 12, 2025 2 mins read

Meta’s New Crypto Plan: Stablecoins for Creators

Three years on from its Diem experiment crashing, Meta is returning to the crypto sphere this time with a measured and adoption-based approach. Rather than launching its own digital token, Meta is exploring stablecoins such as USDC and USDT to reward content creators on its platforms, including Facebook, Instagram, and

May 10, 2025 1 min read