Stablecoin
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cryptoMastercard Adds Stablecoin Settlement Support Across 8 Blockchains
Mastercard expands its settlement network to include regulated stablecoins, enabling on-chain clearing across eight blockchains, including XRP Ledger.
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cryptoMoneyGram Launches MGUSD Stablecoin on Stellar Network, Targeting Costly Remittance Market
MoneyGram launches MGUSD, a US dollar stablecoin on Stellar, to power app-based digital-dollar balances and lower cross-border payment costs.
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techCrossmint Enables Visa Card Payments for AI Agents, Boosting Autonomous Commerce
Crossmint launches an API allowing AI agents to make purchases using eligible Visa cards, tokenizing cards for security and rewards.
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financeWise Stock Plunges 19% After Belgian Money Laundering Probe
Wise shares tumble as Belgian prosecutors investigate €500 million in suspicious transactions linked to fraud and drug trafficking.
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cryptoSoFi Bank Becomes First National Bank to Launch Stablecoin in Consumer App
SoFi Technologies launches SoFiUSD on Ethereum and Solana, offering a regulated, dollar-pegged token within its banking app for 14.7 million members.
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cryptoJamie Dimon Escalates War on Stablecoin Rewards, Warns 'Banks Will Not Accept It'
JPMorgan CEO Jamie Dimon warns the CLARITY Act will fail if stablecoins can offer bank-like interest without regulation, escalating a feud with Coinbase CEO Brian Armstrong.
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financeMoney Market Funds Inflow Reaches $120 Billion as Banks Shift Strategy
US money market funds surged with $120B inflows, reflecting banks' strategic liquidity moves post-2023 stress. Government funds lead the charge.
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cryptoFalcon Finance and SoFi Launch Bank-Issued Stablecoins
Falcon Finance launches fUSD via Anchorage Digital; SoFi rolls out SoFiUSD on Ethereum and Solana.