Trump-backed WLFI plans USD1 payments for online businesses
Leaders of World Liberty Financial (WLFI) shared intentions to introduce USD1 stablecoin transactions to prominent online merchants during a panel session at Singapore’s Token2049 on…
Stablecoin
SoFi Initiates Stablecoin Settlement on Mastercard Network for Initiative Projected to Surpass $25 Billion in Yearly Volume
SoFi has started clearing credit and debit card payments using the SoFiUSD stablecoin across Mastercard’s international payment infrastructure, as the financial institution transitions its entire…
Tether and Fasanara Unveil $400 Million Stablecoin Private Credit Fund
Tether and Fasanara Capital have allocated $400 million toward a brand-new private credit vehicle named StableFund, which will channel funding via the worldwide fintech lending…
U.S. Bank Advances Stablecoin Plans With Cross-Border Payment Trial
U.S. Bancorp’s U.S. Bank is preparing to deploy its proprietary stablecoin, having successfully executed a live international transfer while considering wider applications within its payment…
Anchorage Digital brings institutional access to Frgmnt stablecoin fUSD
Anchorage Digital has collaborated with the stablecoin project Frgmnt to grant institutional customers entry to its fUSD and sfUSD assets through the Anchorage custody infrastructure….
Uzbekistan Initiates Pilot Program for Government Bond-Backed Stablecoin Payments
Uzbekistan has initiated a trial evaluating transactions utilizing a som-anchored stablecoin supported by sovereign bonds. On Monday, the National Agency for Prospective Projects (NAPP) announced…
Kraken and SoFi Connect Digital Asset Trading With Banking Infrastructure
Payward, the parent organization behind cryptocurrency exchange Kraken, alongside financial technology enterprise SoFi Technologies, revealed an agreement on Thursday to direct cryptocurrency orders from SoFi…