Skip to content
stablecoin RSS
Meta (Facebook) forced to sell Diem assets as digital payments ambitions fail
The Diem cryptocurrency project is being forced to sell its assets, as Meta (Facebook) admits defeat in its ambitions in the digital payments space. The Diem Association, which was launched... read more
The post Meta (Facebook) forced to sell Diem assets as digital payments ambitions fail appeared first on Payments Cards & Mobile.
Consortium of US banks plan to launch USD backed stablecoin
A group of US banks have announced that they intend to launch their own stablecoin, called USDF, in a move they hope will tackle concerns about the reserves behind nonbank... read more
The post Consortium of US banks plan to launch USD backed stablecoin appeared first on Payments Cards & Mobile.
PayPal confirms reports it is “exploring” stablecoin launch
PayPal has confirmed numerous reports that it is working on a stablecoin. Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at PayPal, confirmed: “We are exploring... read more
The post PayPal confirms reports it is “exploring” stablecoin launch appeared first on Payments Cards & Mobile.
ECB: Central Bank Digital Currencies will be legal tender
Central Bank Digital Currencies issued by major central banks will become legal tender in their jurisdictions, this may sound completely obvious but was certainly not to be taken for granted,... read more
The post ECB: Central Bank Digital Currencies will be legal tender appeared first on Payments Cards & Mobile.
R3 acquires regulated markets stablecoin issuance capability with Ivno
R3 has acquired the technology and team of the financial asset tokenization specialist Ivno, enabling the use of Ivno-developed capabilities across the Corda platform. This acquisition further strengthens R3’s capabilities in the... read more
The post R3 acquires regulated markets stablecoin issuance capability with Ivno appeared first on Payments Cards & Mobile.
