Meta is exploring the use of stablecoins to manage payouts for international creators, according to a report. Meta CEO Mark Zuckerberg’s firm is said to be in discussions with crypto firms as part of the company’s plans to begin using stablecoins in partnership with a number of crypto firms. For now, these discussions are said … Read more
Mastercard has announced a payment ecosystem allowing buyers and merchants to make and receive payments using stablecoins. The US-based card payment giant teamed up with Seychelles-headquartered OKX crypto exchange to launch a new card, while another partnership with Canadian payment processing firm Nuvie will allow businesses to accept stablecoin payments. Stablecoins are crypto assets that … Read more
PayPal will start offering rewards to PYUSD stablecoin holders in a bid to boost its adoption and use in the coming months. Bloomberg was first to report on PayPal’s plans, stating that PYUSD users will be able to earn 3.7 percent annually on their holdings once this initiative is rolled out. Later, PayPal CEO Alex … Read more
Polygon Labs plans to concentrate on preparing for a rising and anticipated boom in the stablecoin market. In conversation with Gadgets 360, Polygon founder Sandeep Nailwal said that the institutional interest in stablecoins has risen significantly, and industry players have started to prepare to cater to the demands around stablecoin custody and services. Polygon is … Read more
Binance is set to delist stablecoins that do not comply with the EU’s MiCA regulations in the coming days. These stablecoins will no longer be available to users in the European Economic Area (EEA) after March 31. The exchange has identified nine affected stablecoins, including Tether (USDT), the largest by market capitalisation. Announcing the decision, … Read more