HSBC has launched its first stablecoin, RedCoin (RCHKD), through its PayMe payments app in Hong Kong, bringing bank-issued digital money within reach of more than 3.3 million existing users. … [Read more...] about HSBC launches first stablecoin for 3.3 million PayMe users in Hong Kong
Circle targets 40 new markets as stablecoin demand grows
Circle plans to expand into roughly 40 emerging and developing markets as demand for stablecoins grows globally, Chief Executive Jeremy Allaire told Reuters, signaling a push to broaden the reach of its USDC dollar-pegged stablecoin beyond established markets. … [Read more...] about Circle targets 40 new markets as stablecoin demand grows
Samsung brings USDC transfers to 82 million Galaxy phones
Samsung is moving ahead with its stablecoin plans, confirming that USDC transfers will launch directly inside Samsung Wallet for eligible Galaxy devices in the United States later this month. … [Read more...] about Samsung brings USDC transfers to 82 million Galaxy phones
Binance invests $100 million in Circle as USDC partnership expands
Binance has invested $100 million in Circle, deepening the relationship between one of the world's largest crypto exchanges and the issuer of the USDC stablecoin. … [Read more...] about Binance invests $100 million in Circle as USDC partnership expands
Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027
Some of the world’s biggest banks are joining forces to launch a U.S. dollar-backed stablecoin in the first half of 2027, taking a collective leap into a market that has largely been dominated by crypto companies. … [Read more...] about Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027
Samsung targets stablecoin distribution across hundreds of millions of Galaxy phones
Samsung Electronics Co. is moving to bring stablecoins directly into Samsung Wallet, potentially giving blockchain-based dollars a distribution channel spanning hundreds of millions of Galaxy devices. … [Read more...] about Samsung targets stablecoin distribution across hundreds of millions of Galaxy phones
Visa launches platform for banks to mint and manage stablecoins
Visa has launched a new enterprise platform that will allow banks, fintech companies and other payment providers to access, issue and manage stablecoins through a single Visa-operated environment. … [Read more...] about Visa launches platform for banks to mint and manage stablecoins
Banks are preparing their answer to stablecoins: tokenized deposits
Stablecoins have become one of the most important products in digital finance. Banks are now preparing their answer. … [Read more...] about Banks are preparing their answer to stablecoins: tokenized deposits