Payments
Industry News

US Senate Passes Housing Bill With Four-Year Fed CBDC Ban

A bipartisan housing bill the Senate passed 85-5 Monday would block a Fed digital dollar through 2030, and now heads to the House. Read the…
Institutional

SoFi's Bank-Issued Stablecoin Hits $150M as Bullish Becomes First CEX to List It

SoFiUSD, the first stablecoin issued by a US national bank, crossed $150 million in circulating supply on Tuesday as Bullish became the first centralized exchange…
Payments

Synthetix Governance Votes to Retire sUSD, Pay Holders in Vested SNX

Synthetix governance has moved to retire sUSD entirely under SIP-423, introduced June 12. The proposal would freeze the stablecoin contract and pay all holders back…
Institutional

British pound stablecoins capped to $53B ceiling as Bank of England sets out stablecoin rules

The new framework removes wallet caps, yet keeps systemic sterling stablecoins far below dollar-token scale at launch. The post British pound stablecoins capped to $53B…
Institutional

U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC

The idea of a U.S. central bank digital currency — though little more than a research topic at the Federal Reserve — may be getting…
Payments

World Liberty Financial's USD1 Supply Grows 9.7% in a Week to $4.85 Billion

USD1’s circulating supply expanded 9.7% over the past seven days to $4.85 billion, a 100th-percentile move that pushes the World Liberty Financial-issued stablecoin past Sky’s…
Infrastructure

MoneyGram joins Solana as validator amid stablecoin payment push

The remittances firm has become a validator on the Solana blockchain, helping process and secure transactions as it expands its stablecoin payments strategy. Read Full…
Institutional

Bank of England eases stablecoin rules, introduces 40B pound issuance cap

The Bank of England published draft rules for systemic stablecoins, easing reserve requirements and replacing holding limits with a temporary 40-billion British pound issuance cap.…
Payments

Africa’s crypto crackdown is really a remittance revolution

Africa has never been friendly to crypto. Despite incredible adoption numbers on the continent, African governments have met almost every crypto discussion with bans or…
Markets

Ethereum's biggest 'sandwich' bot drained of $7.5 million in ironic exploit

Blockaid said an attacker tricked Jaredfromsubway.eth into approving fake trading routes, then used those approvals to drain WETH, USDC and USDT. Read Full Story at…