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Theo Launches thUSD: A Gold-Backed Yield Stablecoin with Cash Arbitrage
The tokenization platform Theo has officially announced the launch of thUSD, a new stablecoin backed by physical gold that offers native yield to holders. Alongside the asset's debut, the protocol has opened a specializ…
Mastercard to Acquire BVNK for $1.8 Billion to Bolster Crypto Payments
The global payment processor Mastercard has reached an agreement to acquire BVNK, a prominent stablecoin infrastructure startup, in a deal valued at up to $1.8 billion. This strategic move, confirmed by both parties on …
PayPal Expands PYUSD Stablecoin Access to 70 Countries Globally
The global payment giant PayPal has announced a significant expansion of its digital asset services, making its proprietary stablecoin, PayPal USD (PYUSD), available to users in 70 countries and regions. Starting in Mar…
Singapore’s dtcpay Raises $16.5M to Fuel European Expansion
Singapore-based digital payment service provider dtcpay has successfully completed a Series A funding round, securing significant capital to bolster its technological infrastructure and international presence. The inves…
Native Markets Introduces pmUSDH to Boost DeFi Liquidity on Hyperliquid
Native Markets, the official issuer of the Hyperliquid ecosystem's native stablecoin USDH, has announced the launch of pmUSDH, a new tokenized collateral solution. This development aims to bridge the gap between portfol…
USDC Supply Hits $81.1 Billion Milestone as On-Chain Volume Dips
The circulating supply of USD Coin (USDC) has reached a significant new milestone, surpassing the $81 billion mark. According to recent on-chain data from the Artemis platform, the total supply of the stablecoin current…
Circle Launches Open-Source AI Tool to Streamline USDC Integration
Stablecoin issuer Circle has officially announced the release of Circle Skills, a new open-source artificial intelligence tool designed to facilitate the development of financial applications. This initiative aims to br…
MetaComp Secures Pre-A+ Funding to Expand StableX Payment Network
Singapore-based fintech firm MetaComp, a specialist in compliant stablecoin cross-border payment solutions, has successfully closed its Pre-A+ funding round. This latest capital injection brings the company's total cumu…
New Zealand Regulator Exempts NZDD Stablecoin from Financial Product Rules
The New Zealand Financial Markets Authority (FMA) has officially determined that the NZDD stablecoin, a digital asset pegged to the local currency, does not qualify as a financial product under existing national legisla…
Tether Appoints Zachary Lyons as CIO Following Heathcote Transition
Tether Holdings, the issuer of the world’s largest stablecoin, has announced a significant leadership transition within its investment division. Richard Heathcote, the company’s Chief Investment Officer (CIO), will step…