Stripe, PayPal are ‘primary catalysts’ for stablecoin growth — Polygon Labs
Stablecoins have ballooned into a $230-billion industry, which is equivalent to more than 1% of the US money supply.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Stablecoins have ballooned into a $230-billion industry, which is equivalent to more than 1% of the US money supply.
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
Tether’s Pact Labs Round Shows Stablecoin Issuers Are Still Building Compliance Rails
Tether’s Pact Labs Round Shows Stablecoin Issuers Are Still Building Compliance Rails is a useful reminder that crypto coverage is...
Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
Shunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services...
US and UK Publish Joint Roadmap to Align Rules for Tokenized Assets and Cross-Border Stablecoins
The United States and the United Kingdom unveiled a joint plan on Tuesday to make it easier for tokenized financial products to mo...
Binance bets on becoming a crypto super app amid stablecoin growth
Binance's expansion into a crypto super app could redefine financial access, challenging traditional finance and influencing globa...
Banking Groups Push Senate to Tighten CLARITY Act Stablecoin Rules, Warning of Deposit Flight
The American Bankers Association, the Independent Community Bankers of America and 76 state banking groups urged Senate leaders in...
Tether leads $7 million round in Pact Labs to boost USAT stablecoin adoption
“Pact Labs gives us the rails to make digital dollars designed to be compliant with U.S. regulations," says Tether USAT.