Tag: Stablecoin

Israeli Regulators Approve Shekel-Pegged Stablecoin

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Israel’s Capital Market, Insurance and Savings Authority has greenlit the launch of a shekel-pegged stablecoin by the virtual exchange exchange Bits of Gold. In a Monday notice, the Israeli regulator said that it had granted approval of the BILS stablecoin after a two-year pilot program of the stablecoin on the Solana blockchain. Source: LinkedIn According to the announcement, the stablecoin’s reserve assets will be held in Israel in “designated and separate accounts.” The project was part of a larger effort by the Israel Tax Authority and the country’s Finance ministry…

Western Union Plans Stablecoin Launch and Consumer ‘Stable Card’ Rollout

Western Union is preparing to launch USDPT, a U.S. dollar-pegged stablecoin issued by Anchorage Digital Bank on the Solana blockchain, as early as next month, alongside a consumer-facing prepaid card product called the ‘Stable Card’, a rollout that would extend stablecoin settlement rails to Western Union’s network of more than 360,000 cash pickup locations across more than 200 countries and territories, according to reporting by The Block. The announcement is not simply Western Union adding a crypto product. It is a traditional remittance operator attempting to restructure the underlying settlement…

MiCA-licensed Banking Circle joins bank stablecoin settlement race in Europe

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Banking Circle’s stablecoin settlement launch follows its CASP approval, entering a crowded market with SocGen, Sygnum and a 12-bank euro stablecoin consortium. Luxembourg-based Banking Circle has launched stablecoin settlement services after receiving a Crypto Asset Service Provider (CASP) license from Luxembourg’s financial regulator on April 15, expanding into regulated fiat-to-stablecoin and stablecoin-to-fiat settlement for institutional clients. The rollout includes support for Circle’s USDC, Paxos’ USDG and Banking Circle’s own euro stablecoin EURI, expanding the bank’s digital asset settlement capabilities beyond its initial EURI launch in August 2024. In a Monday…

Western Union eyes May for its stablecoin USDPT rollout

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Western Union CEO Devin McGranahan said the company will focus on expanding adoption and embedding digital assets into its core money movement platform going forward. Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto plan that includes its digital asset network and US dollar stable card.  “Over the last few months, we’ve crossed an important threshold. It is no longer a question of if Western Union will be active in digital assets, it is now how fast can we…

Morgan Stanley Adds Stablecoin Fund After Bitcoin ETF Launch

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Key Takeaways: Morgan Stanley introduced a fund to support stablecoin issuers needing compliant, liquid reserve investment solutions. Stablecoin growth drives Morgan Stanley to expand digital asset strategy and institutional liquidity infrastructure offerings. Tokenization initiatives show Morgan Stanley advancing blockchain integration across treasury products and crypto investment platforms. Morgan Stanley Stablecoin Fund Targets Institutional Reserve Demand Morgan Stanley Investment Management announced on April 23 the launch of the Stablecoin Reserves Portfolio (MSNXX), a government money market fund. The product is part of the Morgan Stanley Institutional Liquidity Funds trust. It is…

XRP ARMY GET READY! Ripple Announcement April 30 & Clarity Act by May?!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io XRP ARMY GET READY! Ripple Announcement April 30 & Clarity Act by May?! iTrustCapital (Partner) ether.fi (Partner) HI BABE! XRP Las Vegas kicks off April 30, could we get some bullish announcements for Ripple, XRP, and XRPL? Also, Senator Bernie Moreno says the crypto market Clarity Act could pass by May. We will be covering all of this and more on today’s stream, make sure you smash the like and say HI in the chat xo 00:00 HI 02:13 Ripple announcement incoming…

Morgan Stanley launches stablecoin offering through money market fund

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Stablecoin issuers must invest a minimum of $10 million into Morgan Stanley’s money market fund, MSNXX, to access the stablecoin reserve offering. Morgan Stanley’s investment management arm has launched “Stablecoin Reserves Portfolio,” an offering that allows stablecoin issuers to park the reserves backing their stablecoins in one of the bank’s money market funds while earning interest. The offering is part of the Morgan Stanley Institutional Liquidity Funds trust (MSNXX), which aims to preserve capital, provide daily liquidity and distribute income while maintaining a $1 net asset value, Morgan Stanley said…

MoonPay Expands Stablecoin Virtual Accounts to New York

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MoonPay has launched fiat-to-stablecoin virtual accounts in New York, allowing businesses to convert incoming funds from bank rails such as ACH and SWIFT into stablecoins and settle them directly to non-custodial wallets through a single API. The product is underpinned by technology provider Iron and allows platforms to issue named, dedicated accounts that receive fiat and automatically convert it into stablecoins, enabling payment, trading and treasury flows without relying on prefunded balances or multiple intermediaries. The rollout in New York follows MoonPay’s acquisition of Iron in 2025 and builds on…

Shariah-Compliant PUSD Stablecoin Integrates With ADI Chain

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PUSD, a Shariah-compliant stablecoin backed by Gulf currencies, is set to deploy on ADI Chain, a Layer 2 network focused on institutional settlement in the Middle East. According to an announcement shared with Cointelegraph, the stablecoin has about $2.3 billion in circulation and is backed 1:1 by reserves held in Saudi riyals and UAE dirhams, which are pegged to the US dollar.  It is already available on multiple blockchains, including Ethereum, BNB Chain, Solana and Tron, with ADI Chain marking its latest integration. The stablecoin is positioned to provide access…

BITCOIN EM QUEDA! Comprei 20.000 reais nas 2 MELHORES CRIPTOMOEDAS da Coinbase

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Abra sua conta na Coinbase e aproveite as recompensas de boas-vindas: 👉 Se você vai investir qualquer valor, que seja menor que R$1.000, acesse este link e receba 20 reais em recompensas de boas-vindas 👉 Se você vai investir R$1.000 ou mais, acesse este outro link Ao investir R$1.000, você receberá 50 reais em bônus de boas-vindas. Além disso, se em até 7 dias você completar R$10.000 investidos, receberá mais 200 reais. Portanto, o total máximo possível é 250 reais. Lembre-se: a…