Tether has frozen $3.5 billion of its stablecoins since 2023 and a total of $4.2 billion since the company’s launch, in cases where the tokens were linked to illicit activity, a company spokesperson told Reuters in a report published Friday (Feb. 27). Get the Full Story Complete the form to unlock this...
Barclays is looking to build a blockchain platform that could handle stablecoin payments and tokenized deposits, Bloomberg reported Friday (Feb. 27), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Here is the question nobody in polite payments circles wants to ask out loud: Do the card networks need stablecoins—or do stablecoins need the card networks? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
FinTech Stripe has spent much of its operational history making it easier for merchants to plug into the financial system. Now, it is trying to redesign the system itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Interoperability in crypto payments has long been discussed as a technical aspiration. Over the past several months, it has started to look more like a commercial necessity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Revolut is among four companies being tapped to test stablecoin use in the U.K. 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...
Blockchain infrastructure company NEAR has introduced a super app designed to help users operate their financial life on blockchains. 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...
Figure is reportedly introducing a tokenized class of stock that trades on blockchain rails. 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...
A tokenized deposit network built by five banks and a blockchain-based platform led by former Comptroller of the Currency Gene Ludwig is expected to be available to the banks’ customers in the fourth quarter, Bloomberg reported Wednesday (Feb. 18). Get the Full Story Complete the form to...
