STABLECOIN
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.
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.
Sui and SUIG Collaborate with Ethena to Launch suiUSDe Stablecoin
Sui, SUIG, and Ethena collaborate to introduce suiUSDe, a Sui-native synthetic dollar, enhancing the DeFi ecosystem with innovative stablecoin solutions.
Bitfinex Integrates USDT0 on Plasma Network for Enhanced Stablecoin Transactions
Bitfinex announces support for USDT0 on the Plasma network, enabling seamless deposits and withdrawals of the cross-chain stablecoin.
Exploring Plasma (XPL): A Blockchain Revolutionizing Stablecoin Transactions
Discover Plasma (XPL), a blockchain designed for stablecoin payments, offering zero-fee transfers and enhanced privacy, aiming to reshape the digital economy.