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Three Abu Dhabi Giants Plan Stablecoin Backed by UAE’s Currency
Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move that could speed the Persian Gulf nation’s efforts to adopt digital currencies and facilitate payments.
CEO Paolo Ardoino's recent charm offensive in Washington has put a spotlight on Tether amid the pro-crypto shift under ...
The company behind the largest stablecoin by market cap raked in substantial gains in the first quarter of 2025.
U.S. Senate Majority Leader John Thune has started the process toward a vote on the legislation to establish rules for ...
Bitcoin (BTC) rose above $97,000 on Friday as the top cryptocurrency looked set to recover the $100,000 level heading into the weekend. The rise was fueled by increased inflows into the stablecoin ...
Stablecoin issuer Tether (USDT) is reportedly looking to return to the US with a new dollar-pegged digital asset.
Ripple has proposed a takeover of rival stablecoin provider Circle Internet Group Inc. for $4 billion to $5 billion, a bid ...
Senate Republicans are moving to fast-track the first U.S. stablecoin framework despite opposition from banks and crypto ...
The U.S. Securities and Exchange Commission has closed its investigation into PayPal’s dollar-backed stablecoin, PayPal USD ...
Visa Inc. is partnering with Stripe Inc.’s Bridge to launch a platform allowing fintechs to quickly start their own ...
Crypto once sought to replace banks. Now, in the fight over stablecoins, it’s forced to play by the same rules and get the ...
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