Key Points:Ubyx raises $10 million for a stablecoin network.Funding led by Galaxy Ventures.Network to tackle stablecoin interoperability.
Ubyx, a stablecoin startup founded by former Citigroup executive Tony McLaughlin, has raised $10…
In brief
JP Morgan executive Emma Lovett warns the stablecoin market may be "overcrowding" with too much fragmentation.
Meanwhile, the bank recently filed a trademark for its own JPMD—which onlookers think could…
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Ubyx, a new stablecoin clearing platform that aims to jumpstart stablecoin adoption by enabling redemption at face value, has closed a $10 million seed funding round backed by several major…
JP Morgan Chase has lately adopted an exploratory stance. The firm is engaging in a plethora of blockchain-centric activities, whether it’s conducting cross-chain transfers via Chainlink or exploring the possibility…
BitMEX founder Arthur Hayes warns that an incoming wave of new stablecoin companies will try to follow Circle’s successful public offering, but are more likely doomed to fail. In a post…
SUI traded at $3.1110 on Monday, rising 3.85% over the past 24 hours following a multi-hour uptrend that pushed the token through key resistance levels. The asset hit a…
JPMorgan Chase, the largest bank in the U.S., has filed a new trademark application that hints at launching a digital currency or stablecoin named “JPMD.” According to the filing, JPMorgan…
In brief
U.S. investment bank JP Morgan Chase has filed a trademark application for a blockchain-based offering called JPMD.
The application does not use the word "stablecoin."
JPMorgan Chase has filed for…
Key Points:Hong Kong accelerates stablecoin licensing to capitalize on digital asset growth.Paul Chan Mo-po expects increased stablecoin demand, boosting the local economy.HKSAR’s stablecoin regulation opens doors for both local and…