CoinDesk Weekly Recap: Milestones Galore for Stablecoins
First slowly, then all at once. For years, crypto toiled in the darkness, a band of outlaws frowned upon by…
Tag: Stablecoins
Walmart and Amazon eye dollar-pegged stablecoins to cut payment costs: report
U.S. retail powerhouses Walmart and Amazon are reportedly weighing the launch of their own dollar-pegged stablecoins. Per a June 13…
Walmart, Amazon Are Coming for Traditional Payments, Mull Dollar-Pegged Stablecoins in the U.S.
Walmart (WMT) and Amazon (AMZN) are considering issuing their own stablecoins in the United States, according to a report by…
Bank of America: In on stablecoins?
Bank of America (BAC) CEO Brian Moynihan said Wednesday that the country’s second-largest bank is going to take a look…
How stablecoins are entering the financial mainstream
Usage of the digital assets is growing rapidly, but concerns remain about supervision and their impact on other parts of…
Bank of America CEO: Delay on Stablecoins Could Let Tech Rivals Eat Banking’s Lunch
At a Morgan Stanley event in New York, Bank of America CEO Brian Moynihan revealed that the banking heavyweight is…
South Korea’s Ruling Party Unveils Policy Allowing Companies to Issue Stablecoins: Bloomberg
South Korean President Lee Jae-myung’s Democratic Party submitted a bill to parliament that would allow qualifying companies to issue stablecoins,…
Polygon’s Gupta says ‘stablecoins are no longer an experiment’
Stablecoins are emerging as a key building block for financial innovation, and Polygon is at the forefront. In this interview,…
U.K.’s FCA Names Sarah Pritchard as Deputy CEO to Help Oversee Crypto, Stablecoins
The U.K.’s financial services regulator, the Financial Conduct Authority (FCA), appointed a deputy chief executive for the first time, naming…
South Korea’s Ruling Party Unveils Plan to Allow Stablecoins
South Korea’s new President, Lee Jae-myung, is moving quickly to deliver on his campaign pledge to allow local companies to…