(source: en.wikipedia.org)
Stablecoins and tokenized deposits can look deceptively similar from the perspective of a corporate user. Both can represent dollars digitally. Both can potentially settle around the clock. Both can support programmable transactions and operate across blockchain-based infrastructure. Get the Full Story Complete the form to...
Singapore’s financial regulator is closer to implementing a regulatory framework for stablecoins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
An arbitrator has ruled that Gemini Space Station was not responsible for the collapse of its Earn lending program, finding insufficient evidence that the cryptocurrency exchange misled customers or failed to conduct adequate due diligence on its lending partner, Genesis Global Capital, according to CNBC....
Bitcoin wallets that had laid dormant for more than a decade are being revived. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Cross-border payments company Nium has debuted a stablecoin-focused funding program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Interoperability is what the financial space has touted as a prerequisite for stablecoins to reach commercial scale. But, at the same time, the banks, card networks, stablecoin issuers, blockchain operators and infrastructure providers all building that interoperability are each simultaneously competing to control the layer...
South Korea’s Mirae Asset Financial Group is reportedly launching a major push into the digital finance sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Federal securities regulators issued a proposal on updated cryptocurrency custody rules for investment advisors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Widespread adoption of tokenized deposits could make it easier for depositors to move their funds to pursue higher interest rates and therefore require banks to raise their rates to remain competitive, two Federal Reserve Bank of Dallas economists wrote in a Tuesday (Aug. 25) blog post. Get the...