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coininsider.org > news > moneygram-launches-usdc-backed-visa-card-in-colombia

MoneyGram Launches USDC-Backed Visa Card in Colombia

1+ day, 21+ hour ago   (639+ words) MoneyGram has launched a USDC-backed Visa card in Colombia, allowing eligible customers to hold a stable-dollar balance, make purchases and send funds to themselves for local-currency collection at MoneyGram locations. The card is available digitally through the MoneyGram app and…...

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coininsider.org > news > visa-combines-settlement-data-with-on-chain-lending-for-stablecoin-cards

Visa Combines Settlement Data With On-Chain Lending For Stablecoin Cards

5+ day, 1+ hour ago   (748+ words) Visa said Tuesday it is combining its VisaNet settlement data with on-chain lending infrastructure to help stablecoin-linked card programs and fintechs secure working capital. The move targets a financing gap facing newer payment companies, which often struggle to access credit…...

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coininsider.org > news > circle-agrees-to-buy-tazapay-for-400-million-in-stock

Circle Agrees To Buy Tazapay For $400 Million In Stock

5+ day, 2+ hour ago   (781+ words) Circle agreed to acquire Singapore-based cross-border payments company Tazapay for $400 million in stock, according to a regulatory filing. The deal is Circle’s most expensive acquisition since it bought crypto exchange Poloniex in 2018 and gives the USDC issuer regulated payment infrastructure…...

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coininsider.org > news > bank-of-korea-study-links-stablecoin-buying-to-currency-depreciation

Bank Of Korea Study Links Stablecoin Buying To Currency Depreciation

1+ week, 1+ hour ago   (941+ words) A Bank of Korea study finds that demand for dollar-backed stablecoins can push national currencies lower once global exchanges let investors buy the tokens directly with local fiat. Researchers Jihyun Kim and Sangheum Cho examined what happened after Binance introduced…...

coininsider.org
coininsider.org > news > occ-gives-openreserve-initial-approval-to-form-blockchain-focused-u-s-bank

OCC Gives OpenReserve Initial Approval to Form Blockchain-Focused U.S. Bank

1+ week, 2+ day ago   (507+ words) The U.S. Office of the Comptroller of the Currency has granted preliminary conditional approval for OpenReserve Bank, N.A. to become a full-service national bank based in Salt Lake City. The approval allows the organizers to continue building the institution, but OpenReserve cannot…...

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coininsider.org > news > standard-chartered-is-first-major-global-bank-to-offer-uae-spot-crypto-trading

Standard Chartered Is First Major Global Bank to Offer UAE Spot Crypto Trading

1+ week, 3+ day ago   (574+ words) Standard Chartered has begun offering institutional Bitcoin and Ether spot trading in the United Arab Emirates through its Dubai International Financial Centre branch, becoming the first Global Systemically Important Bank to provide the service in the country. The bank said…...

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coininsider.org > news > goldman-sachs-joins-21-firm-usd-stablecoin-venture-targeting-2027

Goldman Sachs Joins 21-Firm USD Stablecoin Venture Targeting 2027

1+ week, 3+ day ago   (475+ words) Goldman Sachs is among 21 global financial institutions backing a new company that plans to launch a U.S. dollar-denominated stablecoin in the first half of 2027. The consortium also includes Bank of America, Citi, Wells Fargo, Deutsche Bank, UBS, Fidelity Investments and WisdomTree....

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coininsider.org > news > 21-financial-institutions-plan-u-s-dollar-stablecoin-for-2027

21 Financial Institutions Plan U.S. Dollar Stablecoin for 2027

1+ week, 4+ day ago   (407+ words) A group of 21 global financial institutions, including Bank of America, Citi, Goldman Sachs and Wells Fargo, plans to establish a company that will support the issuance of a U.S. dollar-denominated stablecoin. The group is targeting the first half of 2027 for the…...

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coininsider.org > news > tether-sued-over-alleged-unlawful-42-4m-usdt-freeze

Tether Sued Over Alleged Unlawful $42.4M USDT Freeze

1+ week, 5+ day ago   (510+ words) Two Thai businessmen have sued Tether over its freeze of 42.4 million USDT, alleging the stablecoin issuer blacklisted their Ethereum addresses months before US authorities obtained a seizure warrant. Nutthawat Rukthammachalern and Natthawat Kasamvilas filed the case on August 31 in federal…...

coininsider.org
coininsider.org > news > fsa-seeks-stablecoin-reporting-exemption

FSA Seeks Stablecoin Reporting Exemption

1+ week, 6+ day ago   (464+ words) Coin Insider does not display ads or publish paid promotional content. Our reporting is independent, objective and created with the best interests of our readers in mind. Japan’s Financial Services Agency has asked the government to remove two trustee reporting…...