Paxos acquires Membrane Finance for EU stablecoin expansion
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Stablecoins are moving more money while crypto’s cash pile gets smaller
Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa Onchain Analytics, up 63% from M...
Kraken Adds Arbitrum Stablecoins As Exchanges Keep Chasing Cheaper Settlement Rails
Stablecoin listings can look routine until you pay attention to the chain. Kraken adding USDT0 and USDC.e support on Arbitrum is r...
Ripple CASP Approval Exposes the Compliance Gap Splitting Europe’s Crypto Market
Ripple secured full MiCA CASP authorization from Luxembourg’s CSSF last week, and the more consequential story isn’t what it achie...
Tether’s $20 billion mountain of gold – equal to a national reserve – to be used for lending
Tether is already the world's largest stablecoin issuer, with approximately $141 billion in direct and indirect exposure to US Tre...
Bank of Thailand audits high-volume stablecoin trades to crack down on illicit finance: report
The central bank and the SEC have reportedly begun using data analytics tools to examine abnormal stablecoin trades, with a focus...
SBI Holdings Taps Solana to Build Japan’s Institutional On-Chain Finance Market
SBI Holdings has entered into a strategic partnership with the Solana Foundation to build an on-chain financial market for real-wo...