The USD Coin (USDC) stablecoin by Circle became the leader in market capitalization growth among stablecoins in 2024, though it has yet to reach its peak levels from 2022. Circle…

Several banks operating in the Philippines joined forces to introduce PHPX, a stablecoin pegged to the Philippine peso. The asset is set to be used for domestic transactions and to…

DeFi protocol Frax Finance introduced a new dollar-pegged stablecoin backed by tokenized assets from BlackRock’s treasury fund. The initiative aims to bridge the gap between TradFi and DeFi. Frax Finance…

Major banks are already issuing stablecoins for payments and payroll, with plans to expand their presence in the stablecoin market in 2025. Traditional banking institutions are actively increasing their footprint…

The core provisions of the European Markets in Crypto-Assets (MiCA) legislation come into force on December 30, 2024. However, the European regulator indicated the possibility of delaying the implementation of…

U.K.-based FinTech company Wirex added two VNX stablecoins to its digital asset platform, fully licensed under the new European MiCA regulations. Wirex users can now access VNX Euro (VEUR) and…

Remote and Stripe partnered to offer U.S. businesses the ability to pay international contractors in the dollar-pegged stablecoin USDC. Remote, a global payroll solutions provider, announced the launch of a…

The Central Bank of the UAE (CBUAE) granted approval for the issuance of the stablecoin AE Coin pegged to the dirham. Additionally, the dollar-pegged stablecoin USDT received regulatory approval from…

A new FinTech solution for B2B payments aimed at e-commerce market participants in Latin America was introduced, enabling cross-border transactions using stablecoins and the Visa payment network. Canadian FinTech company…