Trump Administration Pushes $20B Argentina Lifeline to Back IMF Support
TLDR: U.S. Treasury proposed a $20B Argentina rescue plan tied to IMF coordination to stabilize markets before elections. The plan...
SWIFT Trials Blockchain Payments, Introducing Competition for Ripple
TLDR SWIFT is testing blockchain-based transactions using Ethereum Layer 2 platform Linea. The pilot involves major banks includin...
Tether Eyes $20B Funding Round, Attracts SoftBank, Ark Investment
TLDR Tether is looking to raise up to $20 billion in its largest funding round. SoftBank and Ark Investment are reportedly in earl...
Bybit Joins Top Exchanges in Listing Ripple’s RLUSD Stablecoin for Trading
TLDR Bybit has officially listed Ripple’s RLUSD stablecoin on its trading platform. RLUSD is available for trading against USDT, B...
Softbank, Cathie Wood's Ark Among Potential Investors in Tether Fundraising: Rep...
The USDT stablecoin issuer is reportedly looking to raise up to $20 billion at a valuation of $500 billion, which would make it on...
Crypto Adoption in Emerging Markets Poses Risks to Financial Resilience: Moody's
The risks are most acute in areas where crypto's use extends beyond investment into savings and remittances, according to the repo...
Spark Integrates PayPal USD to Scale Liquidity and Boost Adoption
TLDR Spark and PayPal have partnered to integrate PayPal USD into SparkLend for improved liquidity. Deposits in PayPal USD have su...
Citi Forecasts Stablecoin Market to Reach $4 Trillion by 2030
TLDR Citi forecasts the stablecoin market could reach up to $4 trillion by 2030. The revised forecast reflects a significant upwar...
NET Dollar Hits the Internet: Cloudflare Enables Instant AI Crypto Transactions
TLDR: Cloudflare introduces NET Dollar, a USD-backed stablecoin for instant global AI payments. NET Dollar allows autonomous AI ag...
Stablecoin Market Could Reach $4 Trillion by 2030, Citi Says in Revised Forecast
Bank tokens may ultimately surpass stablecoins in transaction volume, report said.