Stable Coin
Wyoming Launches First U.S. State-Issued Stablecoin on Avalanche
Wyoming introduces FRNT, the first state-issued stablecoin, on Avalanche. This digital asset promises real-world use and financial innovation, enhancing public finance.
Mastercard Eyes Acquisition of Zerohash for Stablecoin Expansion
Mastercard is reportedly nearing a $2 billion deal to acquire crypto infrastructure firm Zerohash, aiming to bolster its stablecoin and on-chain settlement capabilities.
Western Union to Launch USDPT Stablecoin on Solana in 2026
Western Union is set to introduce a dollar-backed stablecoin, USDPT, on Solana in 2026, aiming to enhance global remittances with faster and cost-effective transactions.
Bank of Korea Raises Alarms on Stablecoin Depeg Risks
The Bank of Korea warns of potential depegging risks associated with won-denominated stablecoins, urging banks to establish safeguards to protect monetary stability.
Andreessen Horowitz Invests in Pakistan's Zar Stablecoin Initiative
Andreessen Horowitz leads a $12.9 million funding round for Zar, a fintech startup in Pakistan, to facilitate cash-to-stablecoin conversions in emerging markets.
Chainlink (LINK) Boosts Transparency for Gold-Backed Stablecoin GLDY with Streamex Partnership
Streamex Corp. partners with Chainlink to enhance transparency and cross-chain functionality for the gold-backed stablecoin GLDY, utilizing Chainlink’s Proof of Reserve and CCIP.
Fireblocks Revolutionizes Stablecoin Infrastructure for Institutional Adoption
Fireblocks is enabling institutions to scale stablecoin adoption through advanced wallet infrastructure and a connected payments network, according to their latest report.
Japan's First Yen-Pegged Stablecoin JPYC Launches Amid Financial Evolution
JPYC, Japan's first yen-backed stablecoin, officially launches, marking a significant step in the country's shift towards blockchain-based finance.
Nigeria Explores Stablecoin Amidst eNaira Challenges
Nigeria's central bank forms a task force to explore stablecoin adoption, questioning the future of eNaira as stablecoins gain traction in the country.
Paxos Announces Wind-Down of USDL Lift Dollar Stablecoin
Paxos plans to wind down its USDL Lift Dollar stablecoin by December 2025, with a focus on new financial initiatives. The process will be overseen by the FSRA of ADGM.