Tag:
Stablecoin
DeFi
Polish energy firm loses $230 million after USDT payment collapse
In the final months of 2023 a major Polish energy conglomerate suffered a staggering loss of $230 million after a cross‑border oil transaction fell...
DeFi
Anchorage Digital expands institutional services to include Frgmnt fUSD stablecoin
Anchorage Digital, the United States federally chartered crypto bank, has announced a significant expansion of its custody platform to accommodate Frgmnt’s fUSD stablecoin. This...
DeFi
MoneyGram introduces a Visa stablecoin card as it expands blockchain remittance services
MoneyGram has taken a decisive step into the digital payments arena by launching a Visa‑branded stablecoin debit card. The new offering builds on the...
DeFi
US Bank pilots proprietary stablecoin on Stellar for cross border transfers
U.S. Bank has taken a decisive step toward modernizing international money movement by launching a pilot that uses a bank‑issued stablecoin on the public...
DeFi
Mantle integrates Paxos USDG stablecoin and joins Global Dollar Network
Mantle, the high‑throughput Layer‑2 solution built on the Ethereum ecosystem, has announced the native minting of Paxos‑issued USDG stablecoin on its platform. This development...
DeFi
Wyoming adopts Chainlink verification for its state backed stable token
Wyoming has taken a decisive step toward greater transparency in digital finance by integrating Chainlink oracle services to provide near real‑time verification of the...
Crypto News
Japan’s Major Banks Set Sights on a Unified Stablecoin by 2027
Japan’s three titans of retail and corporate banking—MUFG, Mizuho, and SMBC—have announced a coordinated effort to launch a joint stablecoin within the next few...