Paypal Backs Stable, Enhances Future Adoption of PYUSD
With the undisclosed investment, Paypal has secured the inclusion of PYUSD, its in-house stablecoin, in Stable’s stablechain, which is designed with this type of asset in mind. Paypal aims to increase the adoption of the...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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HSBC rolls out HKD stablecoin RedCoin as it prepares tokenized investment services
HSBC's stablecoin initiative could accelerate digital finance adoption, enhancing transactional efficiency and broadening investme...
Frax CEO says businesses will drive next wave of stablecoin adoption as firm tests lending product
Frax CEO Sam Kazemian outlines plans for receivables financing, business payments and stablecoin lending through FraxNet. The post...
HSBC Brings Hong Kong Dollar Stablecoin To PayMe As Retail Rollout Begins
TL;DR: HSBC has launched its Hong Kong dollar-backed RedCoin for payments through PayMe, with wallet activation set to expand to m...
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,...
Bloomberg Adds Basel Crypto Exposure Classification For Banks And Asset Managers
TL;DR: Bloomberg has expanded its crypto analytics to classify bank exposure under Basel standards, including indirect holdings hi...
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...