Yellow Card Raises $33M to Expand Stablecoin Presence in Africa
Yellow Card, a leading African stablecoin platform, closed a $33 million Series C funding round led by Blockchain Capital. The funding signifies a milestone for Yellow Card and the African fintech industry, highlighting...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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Singapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving Ripple, Visa and Mastercard
Malaysia and Thailand have joined Singapore's BLOOM initiative for cross-border stablecoin and tokenized deposit settlement.
Chainlink Expands LG Tech Arm Tie-Up Into Formal Partnership on Korean Stablecoins
Chainlink and LG CNS, the technology arm of South Korea’s LG Group, announced a strategic partnership on Oct. 22, widening a relat...
Solayer Pay Adds Five Blockchain Networks For Direct Stablecoin Card Deposits
TL;DR: Solayer Pay says its card app now accepts supported stablecoin deposits from Solana, Ethereum, Arbitrum, BNB Chain and Base...
Spot Bitcoin ETFs shed $635 million on October 22, with BlackRock’s IBIT leading the exodus
The significant outflow from Bitcoin ETFs highlights potential volatility in institutional sentiment, raising questions about mark...
HSBC Launches RedCoin Stablecoin and Plans to Let Customers Buy Tokenized Funds With It
HSBC put its first stablecoin, a Hong Kong dollar token called HSBC RedCoin (ticker RCHKD), on its PayMe payments app on Oct. 23,...
SoFi Launches Yield-Bearing Tokenized Bank Deposit With Stablecoin Conversion
TL;DR: SoFi says its new SOFIE tokenized deposit represents money held at SoFi Bank, advertises 4.40% APY subject to terms, and ca...