Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Visa is expanding its stablecoin settlement pilots. Stripe now offers USDC (USDC) payouts. PayPal’s PYUSD is integrated across wallets and checkout flows, with a “Pay with Crypto” feature on the way. If
Stablecoins recorded more than $45 billion in net inflows in the last 90 days, highlighting rising demand for US dollar-pegged assets in the crypto space. On Monday, data tracker RWA.xyz showed that Tether’s USDt (USDT) stablecoin led the quarter with $19.6 billion in net inflows, followed by Circle’s USDC (USDC) with $12.3 billion. Ethena’s synthetic
Piero Cipollone, member of the ECB Executive Board, delivered a keynote at the Baltic conference “Payments & Policy in a Changing Environment,” arguing the digital euro is essential to preserve Europeans’ ability to use sovereign money as transactions go increasingly digital. Cipollone framed the digital euro as an extension of central bank money that would
One of Europe’s most valuable startups, Revolut, is exploring a dual listing in London and New York for its blockbuster initial public offering (IPO), the Sunday Times reported, citing a “senior City source.” If it were to proceed, the move could mark the first time a company simultaneously lists in New York and joins London’s
Sam Altman, chief executive of OpenAI, met UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi on Saturday, according to the UAE state news agency. The talks between Sam and Mohammed centered on building stronger cooperation between OpenAI and organizations in the Emirates. Officials reported that both men focused on artificial intelligence research
Traders have practically written in pen a quarter-point cut, daring the U.S. Federal Reserve to prove them wrong at October’s meeting ahead. Quarter-Point Trim Leads the Board for October’s Fed Decision CME’s Fedwatch tool puts numbers to the hunch: with the target currently at 4.00% to 4.25%, the Oct. 29 path most favored is a
The world of Digital Asset Treasury (DATs) has entered a new era, after Strive (ASST) announced an all-stock deal to acquire Semler Scientific (SMLR) this week. The deal marked the first merger of two publicly traded bitcoin treasuries, and according to a Wall Street banker familiar with the situation, this is just the start of
Elon Musk already has rockets, cars, AI, and humanoid robots. Musk’s rival Sam Altman runs OpenAI, the company behind the leading AI chatbot, ChatGPT. Now, both men and other billionaires want a piece of the human brain. Their latest bets on brain-computer interfaces, or BCIs, reveal less about today’s medical breakthroughs and more about a
Iran has announced a new directive concerning stablecoin transactions, with the country dealing with the fall of its fiat currency, the rial. According to the new rules, stablecoin transactions will now be capped for individuals and firms amid the return of UN sanctions. According to the statement, Iran has directed that annual purchases should not