Key Takeaways: Tether appointed Bo Hines, ex-White Home Crypto Council director, as strategic advisor for U.S. digital property technique. The transfer displays a broader pattern of crypto companies hiring former policymakers to information U.S. market engagement. Stablecoin laws into consideration in Congress might form the longer term working atmosphere for corporations like Tether. Tether has…
Visa’s head of crypto, Cuy Sheffield, predicts the future will combine traditional and crypto payments as the stablecoin market reaches $269 billion, growing 62% over the past year with potential to expand to $2 trillion within three years. The payments giant has surpassed $200 million in cumulative stablecoin settlement volume while positioning itself as a…
Standard Chartered has partnered up with Animoca Brands and HKT to apply for a license under Hong Kong’s new stablecoin regime. Standard Chartered’s JV First To Apply For Hong Kong Stablecoin License According to a press release from Animoca Brands, the company has come together with Standard Chartered’s Hong Kong branch and Hong Kong Telecom…
The share of workers paid in cryptocurrency has more than tripled over the past year, with USDC emerging as the most popular digital asset for payroll, according to Pantera Capital’s 2024 Blockchain Compensation Survey. In 2023, only 3% of respondents reported receiving any part of their salary in crypto. That figure jumped to 9.6% in…
Tether CEO Paolo Ardoino has revealed a staggering 40% of all fees that users are paying on the major blockchains are spent to move USDT. USDT Transfers Make Up For A Notable Portion Of Network Fees In a post on X, Paolo Ardoino has shared the latest data related to USDT’s transfer fees share on…
South Korea is taking a major step toward stablecoin oversight and digital currency development. According to a July 29 report from Yonhap News, the Bank of Korea has announced the installation of a new virtual asset division within its Financial Settlement Bureau. The newly formed division will monitor the broader crypto market and lead internal…
The Hong Kong stablecoin regulatory regime is set to go live on August 1, but so far, the Monetary Authority has issued no licences. Hong Kong Stablecoin Licences May Arrive Early 2026 In a press release, the Hong Kong Monetary Authority (HKMA) has shared explanatory notes and guidelines related to the new stablecoin regulatory regime…
Visa has surpassed $200 million in cumulative stablecoin settlement volume while expanding its crypto infrastructure through African partnerships and platform development. However, CEO Ryan McInerney warns that the technology still requires clearer regulations to reach its full potential. The payment giant reported strong Q2 2025 results with $9.6 billion in net revenue, up 9% year-over-year,…
Interactive Brokers is weighing the launch of its own stablecoin, potentially deepening its involvement in digital assets as US regulations surrounding the crypto industry begin to loosen. Founder Thomas Peterffy confirmed in an interview with Reuters that the firm is exploring the idea but has yet to finalize how the offering would be made available…