Tag

Stablecoin

All articles tagged with #stablecoin

business10 days ago•5 min saved

Trump Family Unveils USD1: A Private Stablecoin Aiming to Modernize the Dollar

The Trump family, through World Liberty Financial, launched USD1—a stablecoin pegged to the dollar and pitched as an upgrade to U.S. currency. They argue private-sector innovation can modernize finance and preserve dollar dominance, detailing plans at a Mar-a-Lago event and suggesting the private project could spur structural demand for U.S. debt. The venture frames itself as complementary to the dollar, not a threat, though questions remain about private control of a national monetary instrument.

via CNBC|

#business #cryptocurrency #stablecoin

business21 days ago•1 min saved

Binance Boosts Trump Family’s Stablecoin with Marketing Push

Binance launched promotions to encourage purchases of World Liberty Financial’s stablecoin, deepening ties with the Trump family as the coin’s circulating supply hits about $5 billion following the pardon of Binance founder Changpeng Zhao.

via The New York Times|

#binance #business #changpeng-zhao

business1 month ago•12 min saved

JPMorgan CFO Warns Stablecoin Yields Could Undermine Banking Safeguards

JPMorgan Chase CFO Jeremy Barnum criticized stablecoin yield payments as dangerous and undesirable, warning they could create a parallel banking system without proper safeguards. The remarks coincide with a Senate draft crypto bill aiming to limit yield on stablecoins, reflecting broader regulatory scrutiny. Banks and credit unions oppose yield on stablecoins like USDC, while Barnum questioned whether such yields truly benefit consumers. JPM remains among analysts’ Moderate Buy ratings with upside potential.

via TipRanks|

#business #cryptocurrency-regulation #jpmorgan-chase

business2 months ago

House Lawmakers Propose Crypto Tax Clarity and Stablecoin Safeguards

A bipartisan group of House lawmakers has introduced a new crypto tax framework that includes provisions for a stablecoin safe harbor and staking deferral, aiming to clarify tax rules for digital assets.

via The Block|

#business #cryptocurrency #legislation

business2 months ago•5 min saved

Visa Introduces Stablecoin Settlement and Advisory Services in the US

Visa has launched USDC stablecoin settlement in the U.S., allowing banks and fintechs to settle transactions faster and more efficiently using blockchain technology, marking a significant step in integrating stablecoins into mainstream financial operations.

via Visa - Investor Relations|

#blockchain #business #settlement

business3 months ago•3 min saved

Circle Stock Declines Despite Strong Earnings and Revenue Growth

Circle's stock fell nearly 10% despite beating earnings expectations, due to concerns over increased full-year expenses, potential insider share sales following lockup expiration, and the impact of lower interest rates on its revenue from USDC reserves. The company remains optimistic about long-term growth in stablecoins despite short-term challenges.

via Barron's|

#business #circle #earnings-beat

business3 months ago•1 min saved

Circle Reports Strong Revenue Growth Amid USDC Surge and Earnings Challenges

Circle Internet reported a 66% YoY revenue increase to $740 million in Q3 2025, driven by a doubling of USDC circulation to $73.7 billion, with net income up 202% to $214 million, and raised its full-year guidance amid strong platform adoption.

via Yahoo Finance|

#business #circle-internet #financial-results

business3 months ago•1 min saved

Ripple's $500 Million Investment Boosts Valuation and Founder Wealth

Ripple announced a $500 million investment and a pilot program with Mastercard, WebBank, and Gemini to explore using its stablecoin RLUSD for fiat credit card transactions on the XRP Ledger. The news initially boosted XRP's price, but it later fell over 5%. RLUSD's supply has increased by 30% in a month, indicating growing adoption. Analysts see Ripple shifting towards a fintech and payments focus, with potential plans to go public.

via Sherwood News|

#business #cryptocurrency #investment

business3 months ago•2 min saved

Ripple Secures $500 Million Investment from Fortress and Citadel at $40 Billion Valuation

Ripple has raised $500 million at a $40 billion valuation with backing from major Wall Street firms like Fortress and Citadel Securities, aiming to expand its services in custody, stablecoins, and prime brokerage. Its US-dollar backed stablecoin RLUSD has surpassed $1 billion in market value, and the company has processed over $95 billion in transactions, positioning itself as a key infrastructure provider for institutional crypto adoption amid increasing regulatory clarity and industry momentum.

via Bloomberg.com|

#blockchain #business #cryptocurrency

business3 months ago•2 min saved

Ripple Secures $500M Funding, Valued at $40B with Citadel and Fortress Investment

Ripple has raised $500 million from investors including Citadel Securities and Fortress Investment Group, valuing the company at $40 billion. The funding underscores growing institutional interest in stablecoins and digital tokens, with Ripple aiming to expand its role in stablecoin infrastructure and payments. The company, founded in 2012, offers its own stablecoin RLUSD and the XRP token, and has made recent acquisitions to bolster its market position.

via Financial Times|

#business #cryptocurrency #investment

business4 months ago•1 min saved

Coinbase Shares Surge on Strong Q3 Trading and Earnings

Coinbase reported a significant increase in third-quarter profit driven by higher trading volumes amid sector volatility, with transaction revenue doubling and stablecoin-related income rising, reflecting broader adoption and favorable policies.

via Yahoo Finance|

#business #coinbase #cryptocurrency

business4 months ago•3 min saved

Mastercard Nears $2 Billion Deal to Acquire Stablecoin Firm Zerohash

Mastercard is in advanced talks to acquire stablecoin infrastructure firm Zerohash for around $1.5 to $2 billion, aiming to expand its presence in the growing stablecoin market, which has seen a significant increase in market cap and regulatory support this year.

via Decrypt|

#acquisition #business #cryptocurrency

business4 months ago•1 min saved

Ripple's Expansion and the Future of XRP in Global Finance

Despite a recent surge driven by hopes of regulatory clarity, XRP's long-term prospects are uncertain as banks can use Ripple's services without XRP, and Ripple's focus on stablecoins may reduce demand for XRP as a bridge asset. The article predicts XRP will likely underperform the market over the next decade.

via The Motley Fool|

#banking #business #cryptocurrency

business4 months ago•3 min saved

Japan launches its first yen-backed stablecoin, JPYC

Japan's JPYC Inc. has launched the country's first legally recognized yen-backed stablecoin, JPYC, which maintains a 1:1 peg with the yen and is backed by yen deposits and government bonds. The stablecoin is available on multiple blockchains and aims to reach 10 trillion yen in circulation within three years, with several Japanese businesses planning to incorporate it into their services.

via theblock.co|

#business #cryptocurrency #japan

cryptocurrency5 months ago•3 min saved

Bitcoin's 'Uptober' Sparks Market Surge and Key Signal Watch

Analysts suggest that Bitcoin's recent recovery and key indicators like the stablecoin SSR RSI and long-term holder accumulation point to a potential significant move ahead, with historical trends indicating strong Q4 gains following a positive September close.

via Cointelegraph|

#bitcoin #cryptocurrency #long-term-holders