$50K jet fuel purchase settles in stablecoins, showcasing speed of on-chain payments

Tether has launched Alloy, a synthetic dollar product backed by Tether Gold, in a move that pushes the stablecoin issuer further beyond simple dollar tokens. TL;DR This article was written by the News Desk and edited by Samuel Rae .

Stablecoin supply hit ~$320B as money-market yields compress on-chain, pushing idle balances into tokenized Treasuries and RWAs. Here’s how the shift works.

A beginner's starting point for crypto betting on the World Cup knockouts: what single elimination changes, how crypto handles the money side, volatile coins versus stablecoins, the risks to respect, and comparing web3 sportsbooks by what you can verify.

A wide-ranging product recap showed how Coinbase has advanced its “every asset, every market, one platform” strategy across trading, payments, artificial intelligence, stablecoins, and on-chain infrastructure. How Coinbase Is Building Beyond Crypto Trading Crypto exchange Coinbase (Nasdaq: COIN) published on July 1 a monthly recap outlining progress toward making more assets tradable through a single […]

Revolut will stop supporting USDT on August 31, after ending purchases July 6 and new deposits July 30 for affected users. Revolut has told customers it will stop supporting USDT on August 31 through app alerts and emails. The move will end access to one of the most used stablecoins on its platform. Users can […] The post Europe’s Largest Fintech Is Dropping USDT: Here’s the Timeline appeared first on Live Bitcoin News.

In a Brazilian Congress hearing, Fábio Araújo, consultant for the Financial System Regulation Department (Denor), stressed that, unlike other crypto assets, stablecoins have specific traits that would be better regulated if they were classified as monetary instruments instead of as digital assets. Central Bank of Brazil pushes for electronic money regulation for stablecoins The debate […]

Stablecoins' reliance on central banks highlights potential risks to monetary sovereignty and traditional banking, urging a unified regulatory approach. The post Bank for International Settlements argues stablecoins need central bank support to function appeared first on Crypto Briefing.

Visa, M-Pesa and Onafriq have launched a pilot program in the Democratic Republic of Congo using U.S. dollar-pegged stablecoins to settle cross-border mobile transactions. Blockchain Meets Mobile Money Financial services giant Visa, mobile money platform M-Pesa, and pan-African payments network Onafriq have launched a pilot program using stablecoins to settle cross-border mobile transactions in the […]