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Stablecoin Cross-Border Flows Surge 78% to $220,300,000,000 Amid Crypto Bear Market

Stablecoin Cross-Border Flows Surge 78% to $220,300,000,000 Amid Crypto Bear

Cross-border stablecoin transfers are surging nearly 78 percent over the past year even as the broader crypto market experiences a
Visa Says Bank-Level Fraud Protection and Deposit Insurance Could Unlock US Stablecoin Adoption

Visa Says Bank-Level Fraud Protection and Deposit Insurance Could Unlock

Visa is releasing a new report showing how bank-level protections could significantly boost American interest in using stablecoins to send
CoinEx Crypto Exchange Is Shutting Down Three Years After Exiting US Market – Here’s the Deadline for Withdrawals

CoinEx Crypto Exchange Is Shutting Down Three Years After Exiting

A cryptocurrency exchange is closing its doors after nearly a decade in business. CoinEx, which has its operating headquarters in
America’s Sixth-Largest Bank Launches Dollar-Backed Stablecoin for Cross-Border Transfers

America’s Sixth-Largest Bank Launches Dollar-Backed Stablecoin for Cross-Border Transfers

A major billion-dollar bank is executing a live pilot of its proprietary dollar-backed stablecoin on a public blockchain to move
JPMorgan Chase Considering Launch of New Stablecoin As Rival Big Banks Build Dollar-Pegged Token: Report

JPMorgan Chase Considering Launch of New Stablecoin As Rival Big

JPMorgan Chase is now reviewing whether to launch its own stablecoin. The bank is doing that work on a separate
Michigan Blocks Predictions Markets Platform Kalshi From Offering Sports Bets in the State

Michigan Blocks Predictions Markets Platform Kalshi From Offering Sports Bets

A Michigan court is barring a prediction market platform from offering sports wagers to state residents or risk massive daily
Grayscale Research Is Warning of AI-Driven Surveillance Risks on Transparent Blockchains, Says Zcash Will Be Part of the Solution

Grayscale Research Is Warning of AI-Driven Surveillance Risks on Transparent

Grayscale Research is warning that artificial intelligence may heighten financial surveillance risks on transparent blockchains by improving the ability to
Bank of America, Wells Fargo, Citi and Goldman Join 21-Firm Plan to Launch Stablecoin

Bank of America, Wells Fargo, Citi and Goldman Join 21-Firm

A group of 21 banks and financial firms including Bank of America, Wells Fargo, Citigroup and Goldman Sachs are preparing
Crypto Platforms Suffer $3,630,000,000 in Crypto Losses as Audited Platforms Suffer Heavily: Report

Crypto Platforms Suffer $3,630,000,000 in Crypto Losses as Audited Platforms

Crypto platforms are suffering massive losses to sophisticated exploits despite many having undergone independent security audits. A new CoinGecko report
Bank of America, Wells Fargo, Santander and Other Banks Evaluating Plans To Issue Their Own Stablecoins: Report

Bank of America, Wells Fargo, Santander and Other Banks Evaluating

Major banks are shifting from opposing stablecoins to advancing their own versions as competition grows in the payments market. The