Tag: Stablecoin

Bitcoin climbs to highest level since late February: CNBC Crypto World

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, major cryptocurrencies and broader markets climb following positive Big-Tech earnings. Plus, Robinhood’s Q1 earnings report reveals crypto revenue increased 100% compared to the prior year. And, Alisia Painter, co-founder of bitcoin-based blockchain Botanix Labs, discusses the cryptocurrency’s performance and what can be expected in May. Chapters: 00:00 – CNBC Crypto World, May 1, 2025 0:22 – Bitcoin climbs 0:44 – The headlines 3:07 – Alisia Painter of Botanix Labs For access to live and exclusive…

$250B in Sight: Stablecoin Market Nears Milestone Within Striking Distance

According to current data, the stablecoin market expanded by approximately $1.31 billion over the past week, lifting the total market capitalization of fiat-linked digital assets to $247.578 billion. This places the stablecoin sector just $2.422 billion shy of the $250 billion threshold. Stablecoin Market Closes in on $250B With Just $2.42B to Go The fiat-pegged […] Source CryptoX Portal

Stripe holds early talks with banks on stablecoin use

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Payment giant Stripe has reportedly held early discussions with banks about potentially integrating stablecoins, signaling growing acceptance in global banking. After debuting stablecoin-based accounts in 100 countries in early May, Stripe has noticed significant interest in stablecoins — cryptocurrencies tied to fiat currencies like the US dollar — from global banks. “In the conversations we have with them, they’re very interested,” Stripe co-founder and president John Collison said in an interview with Bloomberg News on May 30. “This is not something that banks are just kind of brushing away or…

Stantander bank may issue stablecoin

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Banco Santander SA, a global banking institution, is considering expanding crypto services to retail clients and potentially launching a stablecoin product. The stablecoin plans are still in the early phases. According to a May 29 Bloomberg report, the bank is considering offering both dollar and euro-pegged fiat tokens. Large banking institutions, including JPMorgan, Bank of America, Citigroup and Wells Fargo, are reportedly looking into launching stablecoins, following an industry-positive regulatory shift in the United States under US President Donald Trump. Proponents of stablecoins argue they are a way to extend…

Conduit Raises $36M to Expand Cross-Border Stablecoin System

Conduit, a cross-border payments company based in Boston, has raised $36 million in a Series A funding round led by Dragonfly and Altos Ventures. The capital will go to scale its payment system and expand currency offerings across fiat and stablecoins. Conduit markets its payment system as an alternative to the messaging network SWIFT, or Society for Worldwide Interbank Financial Telecommunications. Banks have relied on the SWIFT protocol to process wire transfers since the 1970s. Conduit claims its platform offers a modern alternative, enabling near real-time cross-border settlements by combining…

UK FCA Opens Consultation on Stablecoin, Crypto Custody

Key Notes FCA invites public input on stablecoin and crypto custody regulations. Deadline for submitting feedback is July 31, 2025. Rules aim to boost market integrity and prevent crypto firm failures. The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA) has asked the public to provide feedback on proposed regulations on cryptocurrency and stablecoins. The FCA announced this update in a May 28 press release, outlining new proposals that businesses must comply with before launching stablecoins or providing crypto custody services. In the statement, the UK financial regulator highlighted…

HTX Research: A Fresh Look at Bitcoin Amidst Macro Changes, Featuring HTX’s New Compliant Stablecoin Offerings

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This content is provided by a sponsor. PRESS RELEASE. Singapore, May 28, 2025 – HTX Research, the research arm of HTX, has just released a crucial new report: “The New Macroeconomic Landscape and Bitcoin Outlook: An Analysis of Liquidity, Risk Appetite, Policy Dynamics, and Investment Strategy.“ This comprehensive analysis comes at a pivotal time, as […] Original

Air Arabia Adopts AED stablecoin for Payments in the UAE

Key Notes Air Arabia plans on accepting cryptocurrency as payment for flight bookings. The airline is partnering with Mbank to accept AE Coin. Payments can be made via the AEC Wallet app. UAE airline Air Arabia has announced that it will now allow customers to pay for services using AE Coin, a regulated stablecoin backed by the UAE Dirham (AED). AE Coin is the first stablecoin to receive approval from the Central Bank of the UAE. Air Arabia has partnered with Al Maryah Community Bank (Mbank), the issuer of the…

Stablecoin and blockchain bills signal regulatory momentum

In this week’s episode of Byte-Sized Insight, on Decentralize with Cryptox, we break down a pivotal moment for US crypto legislation.  In a 66–32 procedural vote on May 19, the US Senate advanced the GENIUS Act, a landmark bill aimed at establishing a comprehensive regulatory framework for stablecoins. Meanwhile, across the Capitol, Representative Tom Emmer reintroduced the Blockchain Regulatory Certainty Act, backed by bipartisan support. Breaking down GENIUS The GENIUS Act — short for “Guiding and Establishing National Innovation for U.S. Stablecoins Act” — seeks to answer foundational questions around…

US big banks hold early talks on joint crypto stablecoin: WSJ

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Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin. Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin The Wall Street Journal reported on May 22, citing people familiar with the matter. Other financial institutions linked to the potential stablecoin include Early Warning Services, the parent company of digital payments network Zelle, and the payment network Clearing House. The discussions are still in the early stages, and a final…