Tether Just Became a Private Credit Fund. $400 Million Is Only the Opening Bid.
Tether and Fasanara Capital launched StableFund, a $400 million private credit vehicle aiming to raise $3 billion, using USDT settlement…
Tag: stablecoins
Twenty-One of the World’s Biggest Banks Just Agreed to Build a Dollar Stablecoin — Without Washington’s Help
A 21-bank consortium including Bank of America, Citi, Goldman Sachs and MUFG is forming a jointly owned company to issue…
A Startup Building the ‘Global Dollar Bank’ Just Raised $180 Million — and Southeast Asia Is One of Its Four Named Markets
Augustus raised a $180 million Series B at a $1 billion valuation to expand dollar account access and payment rails…
Cebuana Lhuillier, the Philippines’ Biggest Pawnshop Chain, Just Bet on Stablecoins to Fix Remittances
Cebuana Lhuillier, the Philippines' largest money-transfer network with over 3,500 branches, has partnered with institutional crypto infrastructure firm Fireblocks to…
A Startup Building the ‘Global Dollar Bank’ Just Raised $180 Million — and Southeast Asia Is One of Its Four Named Markets
Augustus raised a $180 million Series B at a $1 billion valuation to expand dollar account access and payment rails…
Cebuana Lhuillier, the Philippines’ Biggest Pawnshop Chain, Just Bet on Stablecoins to Fix Remittances
Cebuana Lhuillier, the Philippines' largest money-transfer network with over 3,500 branches, has partnered with institutional crypto infrastructure firm Fireblocks to…
Stripe Just Offered $53 Billion for PayPal. The Company It Once Competed Against as a Startup.
Stripe and private equity firm Advent International made a joint $53 billion takeover offer for PayPal, backed by roughly $50…
Stripe Just Offered $53 Billion for PayPal. The Company It Once Competed Against as a Startup.
Stripe and private equity firm Advent International made a joint $53 billion takeover offer for PayPal, backed by roughly $50…
BPI Is Quietly Running the Philippines’ Most Consequential Stablecoin Experiment Yet
BPI has partnered with clearinghouse Meridian to pilot stablecoin-based settlement for OFW and freelancer remittances, with a full rollout targeted…
The US Passed a Landmark Stablecoin Law a Year Ago. The Rules Still Aren’t Written.
A year after the GENIUS Act became law, six federal agencies missed their July 18 deadline to finalize stablecoin rules,…