The U.S. Senate took the initial steps toward final approval of its first major crypto legislation as members opened voting Wednesday on the bill to set standards for U.S. stablecoin…
In brief
Shares of Circle are up more than 10% today as its stablecoin expands natively to World Chain.
The company is now valued around $28.34 billion, up nearly 4x from…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe.In the wake of Circle’s IPO and Plasma’s token sale, stablecoins are undisputedly in vogue.Meanwhile, the US Senate…
In brief
PayPal launched its own stablecoin, PayPal USD (PYUSD), in 2023.
The U.S. dollar-pegged token is currently available on Ethereum and Solana.
PayPal said that it will soon launch the…
Circle and Matera have announced a strategic partnership enabling traditional banks in Brazil to support multi-currency operations through stablecoin integration. The collaboration uses Matera’s Digital Twin ledger technology to allow…
Ondo Finance has launched its tokenized U.S. Treasury
product, OUSG, on the XRP Ledger (XRPL). The move follows a joint report by
Ripple and Boston Consulting Group, which predicts a $19 trillion…
Brokers Still Paying the PriceThe internet is full of so-called business gurus peddling solutions to the ‘being busy is no good if you can't get paid’ dilemma.In the brokerage space…
Stablecoin regulation will become law by August 2025, according Ripple’s CEO Brad Garlinghouse, who sees Circle’s $9 billion IPO as proof that the GENIUS Act will pass. Circle’s IPO success…
Interest in using stablecoins has tripled year-over-year from 2024 among company executives at Fortune 500 companies, according to a report by crypto exchange Coinbase.Nearly 29% of 100 executives surveyed from…
In brief
The Bank of Korea's governor will meet commercial bank heads on June 23 in Seoul.
Stablecoin issuance is expected to be a key topic amid growing political momentum.
South Korea's new…