Tag: Stablecoin
Mesh’s digital asset solutions attract significant investment from PayPal Ventures
Mesh, a leading provider of embedded finance solutions, has recently announced a strategic investment from PayPal Ventures.
PayTech giant PayPal launches US dollar stablecoin
PayTech giant PayPal has launched its own US dollar denominated stablecoin, designed for digital payments, PayPal USD (PYUSD).
DeFi startup Ethena emerges from stealth with $6m funding
DeFi startup Ethena has successfully raised $6 million in a seed funding round, as it aims to revolutionize bond trading on the blockchain.
BoomFi breaks ground in crypto payment sector with lucrative $3.8m seed
Crypto payments company BoomFi has managed to pull in $3.8m in new seed funding to streamline payments involving crypto.
‘All Weather Stablecoin’ Gyroscope closes seed round
Gyroscope, which stylises itself as the ‘All Weather Stablecoin’ has raised $4.5m in its seed funding round, which was co-led by Placeholder VC and Galaxy.
Stablecoined-settled trading platform Thalex closes funding
Thalex, which offers stablecoin-settled crypto options and future, has closed its Series A on €7.5m.
UK gets first regulated stablecoin after blackfridge launches poundtoken
Isle of Man-based FinTech company blackfridge has secured its pre-Series A as it launches the first British-regulated stablecoin.
Circle set to unveil Euro-backed stablecoin in US market
Circle Internet Financial, the issuer of the USD Coin dollar-pegged stablecoin, is set to introduce a new stablecoin backed by the single European currency.
ANZ unveils first ever Australian bank-issued stablecoin
The Australia and New Zealand Banking Group will launch the first bank-issued stablecoin payment from Australia through a public permissionless blockchain transaction.
Regulation of stablecoins in sight following US Treasury body report
A recent report has called on the US Congress to regulate the issuers of stablecoins and has urged agencies to assess whether the coins pose a systemic risk.