The expansion positions Quidax as a B2B cross-border settlement engine reportedly powering over 5,000 startups and enterprises across payments, remittance, gaming, and commercial banking. By eliminating European correspondent bank routing,…
The acquisition of a federal banking charter by a stablecoin issuer has long been the “holy grail” of the digital asset industry—a theoretical bridge designed to merge public blockchain rails…
Stablecoins are quietly moving from the edges of crypto into the heart of global finance. What once looked like a niche tool for traders is now being embraced by some…
Earlier this week, President Bola Tinubu directed financial and capital market authorities to monitor the increasing use of stablecoins and cryptocurrencies in Nigeria. This move acknowledges the rapid transformation of…
Stablecoins are crypto tokens designed to hold a stable value by linking (or “pegging”) to another asset. The most widely known are stablecoins pegged to the US dollar, but an…
Financial exclusion is one of the greatest development challenges of our time. According to the World Bank, nearly 1.4 billion adults globally remain unbanked, with the vast majority living in…
Remitly, a leading digital remittance service, is leveraging the power of stablecoins to revolutionize cross-border payments. The company believes that everyone deserves the freedom to access, move, and manage their…
In a significant move to foster innovation and financial inclusion, the Director-General of Nigeria’s Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has announced that the country is now open…
In a significant move for the cryptocurrency industry, the US Senate has passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with a bipartisan vote of 68–30.…
In a significant milestone for the stablecoin industry, Circle Internet Group Inc. has successfully completed an upsized initial public offering (IPO), raising nearly $1.1 billion. The deal, priced above the…