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BlackRock and Ethena announced plans Tuesday to launch two stablecoin products on the Sui blockchain, sending the cryptocurrency up 8% despite a $143 million token unlock that typically pressures prices downward. The partnership introduces suiUSDe, a yield-generating synthetic dollar, and USDi, back

Anthony Welfare, a former adviser to Ripple, has stated that the company's work on central bank digital currency projects between 2021 and 2024 directly influenced the development of the XRP Ledger's current capabilities. Welfare contends that Ripple's pivot away from public CBDC promotion does not

Bank of England Governor Andrew Bailey said Wednesday that any stablecoin achieving widespread payment use in Britain must operate under banking regulations, including depositor protections and access to central bank reserve facilities. What to Know: Bailey's position marks a tonal shift from his pr

Visa announced Tuesday it will begin testing a system that allows businesses to fund international payments using stablecoins rather than maintaining cash deposits in foreign bank accounts. The payment processing giant said the pilot program involves unnamed partners and will expand in 2026. What to

Swift announced Monday it will deploy a blockchain-based transaction ledger with more than 30 global banks and blockchain firm ConsenSys, marking the payments cooperative's most direct challenge yet to the $300 billion stablecoin market. The system will enable round-the-clock cross-border settlement