An Abu Dhabi–based company has launched what it says is the first US dollar-backed stablecoin issued under the United Arab Emirates’ regulatory framework, marking a milestone in the country’s push to position itself as a regional hub for digital assets. … [Read more...] about Abu Dhabi firm rolls out UAE’s first regulated dollar stablecoin
Visa brings USDC settlement to U.S. banks in push to modernize card-network plumbing
Visa has expanded its stablecoin settlement pilot into the United States, allowing select U.S. issuer and acquirer partners to settle VisaNet obligations using Circle’s USDC rather than only fiat currency — a step the card network framed as a milestone in upgrading the “settlement layer underpinning global commerce.” … [Read more...] about Visa brings USDC settlement to U.S. banks in push to modernize card-network plumbing
Tether’s all‑cash bid for Juventus rebuffed as crypto firm pushes into sports ownership
Tether, the issuer of the widely used USDT stablecoin, made a high‑profile play to take control of Italian football club Juventus, only to have its offer firmly rejected by the team’s long‑standing owners, according to regulatory filings and market reports. … [Read more...] about Tether’s all‑cash bid for Juventus rebuffed as crypto firm pushes into sports ownership
Standard Chartered forecasts $2 trillion tokenized RWA market by 2028
Standard Chartered expects the market for tokenized real-world assets (RWAs), excluding stablecoins, to grow from approximately $35 billion today to $2 trillion by 2028, according to a report published this week. … [Read more...] about Standard Chartered forecasts $2 trillion tokenized RWA market by 2028
TOKEN2049 Singapore 2025: Global leaders and bold announcements mark crypto’s biggest stage
The 2025 edition of TOKEN2049 Singapore confirmed once again why it has become the most important global gathering for the digital assets industry. … [Read more...] about TOKEN2049 Singapore 2025: Global leaders and bold announcements mark crypto’s biggest stage
Visa rolls out stablecoin pilot to streamline cross‑border payments
Visa has launched a pilot program allowing businesses to use pre‑funded stablecoins for international payments, an initiative aimed at speeding up cross‑border transactions and freeing companies from tying up cash in local accounts. … [Read more...] about Visa rolls out stablecoin pilot to streamline cross‑border payments
Circle weighs transaction reversibility to counter fraud in USDC network
Circle Internet Group is exploring mechanisms to allow transactions in its USDC stablecoin to be reversed in cases of fraud or disputes, according to a Financial Times report. … [Read more...] about Circle weighs transaction reversibility to counter fraud in USDC network
‘Binance Dollars’ Displace Bolívar in Venezuela as Inflation Soars
Venezuela is witnessing a radical shift in its daily financial life. Amid soaring annual inflation that has climbed to approximately 229 percent, stablecoins—especially Tether’s USDT, locally dubbed “Binance dollars”—are rapidly replacing the bolívar for everyday transactions from groceries to salaries, according to reporting by Cointelegraph. … [Read more...] about ‘Binance Dollars’ Displace Bolívar in Venezuela as Inflation Soars