YouTube, owned by Alphabet (NASDAQ: GOOGL), will now allow U.S. creators to receive their payouts in stablecoins. What Happened: Creators can opt to receive earnings in PayPal's (CRYPTO: PYUSD) ...
U.S. Bank, the fifth-largest commercial bank in the U.S., has started testing the issuance of custom stablecoins on the Stellar network, according to a Tuesday announcement. Teaming up with PwC and ...
PayPal USD earns 4% annual interest when held in PayPal accounts, while Ripple USD currently offers no yield-generating features. PayPal USD works best in PayPal's own ecosystem with free transfers on ...
The Bank of New York Mellon announced Thursday that it launched a new money market fund designed to support the burgeoning digital asset industry and capitalize on the extended leash U.S. lawmakers ...
BNY (BK) is launching a money market fund, called the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), specifically tailored to stablecoin issuers like Tether and Circle Internet Group (CRCL), it said on ...
TOKYO, Nov 12 (Reuters) - Stablecoin issuers could become major buyers of Japanese government bonds in several years and influence the central bank's control over monetary policy, the head of Japan's ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. For US$1, users can convert it in-app for exactly 1 USDC ...
Federal Reserve Governor Stephen Miran has predicted that the explosive growth of stablecoins could reshape global capital flows and force U.S. interest rates lower. Miran said demand for ...
For widespread stablecoin adoption, two things must happen: Merchants must accept stablecoins and consumers must be willing to hold them. In July, Congress passed the Guiding and Establishing National ...
Forbes contributors publish independent expert analyses and insights. Bridging the narrowing divide between TradFi and FinTech. The stablecoin has emerged as one of the most powerful and paradoxical ...
Key insights: U.S. Bank is still exploring stablecoin options outside of custody services, but sees opportunity in trade finance, CEO Gunjan Kedia said at the The Clearing House Annual Conference in ...
RLUSD $0.9997, the U.S. dollar stablecoin from the blockchain payments firm closely related to the XRP Ledger network, has surpassed $1 billion in market capitalization less than a year after ...
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