Tether Taps KPMG for USDT Audit, Engages PwC Ahead of US Expansion
Tether hires KPMG for its first full USDT audit and brings in PwC as it prepares for U.S. expansion and potential fundraising.
Stablecoins
Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. They aim to combine the efficiency of blockchain transactions with the price stability of traditional money. Stablecoins are commonly used for trading, payments, and transferring value across crypto platforms. Some are backed by reserves, while others rely on algorithms or crypto collateral. Their growing use has made stablecoins a key bridge between traditional finance and the crypto economy.
Coinbase Pushes Back Against Stablecoin Yield Compromise in Senate Bill
Coinbase is resisting proposed limits on stablecoin yields in a U.S. Senate crypto bill, highlighting ongoing tensions between crypto firms and banks.
Bitpanda Launches Vision Chain to Connect EU Banks with Tokenized Assets
Bitpanda unveils Vision Chain, a blockchain network for European banks and fintechs to issue and settle tokenized assets under MiCA and MiFID II, using euro-denominated stablecoins.
Solana Launches Developer Platform with Mastercard and Western Union
By
Andrew Collins
• 2 mins read
Solana unveils a new developer platform for institutions, onboarding Mastercard, Western Union and Worldpay.
Stablecoins Seen Gaining from AI Payments Despite Slow Early Adoption
By
Emily Carter
• 3 mins read
Stablecoins may benefit from AI-driven payments over time, even as early usage remains limited, Bernstein says.
Senators Reach Compromise on Stablecoin Yield to Advance Crypto Bill
By
Emily Carter
• 3 mins read
US senators strike a tentative deal on stablecoin yield, potentially clearing a major hurdle for advancing crypto market structure legislation.
Bitrefill Links March Cyberattack to North Korea’s Lazarus Group After Data Breach
By
Andrew Collins
• 3 mins read
Crypto payments platform Bitrefill says a cyberattack linked to the Lazarus Group exposed about 18,500 purchase records and drained funds from several hot wallets.
Trump Memecoin Whales Accumulate Tokens Ahead of Mar-a-Lago Holder Gala
By
Daniel Brooks
• 3 mins read
Large holders of the TRUMP memecoin are increasing their positions ahead of a planned Mar-a-Lago event that will host the project’s top token holders.
PayPal Expands PYUSD Stablecoin Access to 70 Countries
By
David Walker
• 3 mins read
PayPal has expanded access to its PYUSD stablecoin to customers in 70 countries, aiming to improve cross-border payments and strengthen its role in the growing digital dollar ecosystem.
Visa and Coinbase Prepare Competing Payment Rails for AI Agent Economy
By
Matthew Clarke
• 3 mins read
Visa and Coinbase are building rival infrastructures for AI-driven payments as autonomous agents begin executing microtransactions across the internet economy.