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#Stablecoin

467 articles

China’s Alibaba joins stablecoin platform MetaComp’s $35M fundraise

China’s Alibaba joins stablecoin platform MetaComp’s $35M fundraise

MetaComp’s Pre-A+ funding round, backed by Alibaba and Spark Venture, brings the total capital raised to $35 million, with aims to expand its StableX Network globally.

Singapore-based MetaComp raises $35 million in funding backed by Alibaba

Singapore-based MetaComp raises $35 million in funding backed by Alibaba

The Singapore-based company provides services that bridge traditional fiat payment rails and stablecoin settlement infrastructure.

HSBC, Standard Chartered to be first recipients of Hong Kong stablecoin licenses: reports

HSBC, Standard Chartered to be first recipients of Hong Kong stablecoin licenses: reports

HKMA Chief Executive Eddie Yue said last month that the regulator had received 36 applications under the new framework.

Coinbase execs deny lobbying against Bitcoin de minimis tax exemption

Coinbase execs deny lobbying against Bitcoin de minimis tax exemption

US lawmakers are eyeing tax exemptions for US dollar stablecoins, which are pegged and do not change in value, but not other cryptocurrencies.

Policy Group Calls for Bitcoin Inclusion in Proposed Crypto Tax Exemption

Policy Group Calls for Bitcoin Inclusion in Proposed Crypto Tax Exemption

Bitcoin Magazine Policy Group Calls for Bitcoin Inclusion in Proposed Crypto Tax Exemption The Bitcoin Policy Institute (BPI) is urging Congress to broaden proposed de minimis tax relief for digital...

Stablecoins Have ‘Increasing Relevance’ in Illicit Amazon Gold Trade: GI-TOC

Stablecoins Have ‘Increasing Relevance’ in Illicit Amazon Gold Trade: GI-TOC

Illicitly traded gold from the Amazon Basin is increasingly being bought in Venezuela using the USDT stablecoin, according to a new report.

Tether joins $5.2M round in stablecoin infrastructure builder Ark Labs

Tether joins $5.2M round in stablecoin infrastructure builder Ark Labs

The funding will support development of a programmable execution layer designed to enable faster issuance and settlement of digital assets on the network.

Circle’s outperformance highlights USDC’s staying power, says bullish Wall Street analyst

Circle’s outperformance highlights USDC’s staying power, says bullish Wall Street analyst

William Blair said Circle’s recent rally reflects more than macro factors, pointing to USDC resilience and growing recognition of the firm’s stablecoin infrastructure advantage.

Lido launches stablecoin yield product to expand beyond ether

Lido launches stablecoin yield product to expand beyond ether

The goal is to make it easier for users to earn returns on crypto without having to choose or manage strategies themselves.

Lido cleans up Earn offering, rolls outs first stablecoin vault with USDT and USDC

Lido cleans up Earn offering, rolls outs first stablecoin vault with USDT and USDC

Lido is consolidating its Earn offering into EarnETH and EarnUSD, the latter of which represents its first stablecoin vault.

Tether invests in Ark Labs to make Bitcoin ready for stablecoins and payments

Tether invests in Ark Labs to make Bitcoin ready for stablecoins and payments

The issuer behind the USDT stablecoin joined a $5.2 million funding round for Ark Labs, backing software that could let stablecoins move and settle on Bitcoin rails.

Ark Labs Raises $5.2M with Tether to Bring Programmable Finance to Bitcoin

Ark Labs Raises $5.2M with Tether to Bring Programmable Finance to Bitcoin

Bitcoin Magazine Ark Labs Raises $5.2M with Tether to Bring Programmable Finance to Bitcoin A startup focused on expanding Bitcoin’s financial capabilities has raised fresh capital as interest grows...