Latest Stablecoin News and Insights | Yellow.com

On October 24, a US government crypto wallet suffered a cyberattack which led to loss of more than $20 million worth of Ethereum (ETH) and Stablecoins. The wallet contained funds seized by the government. This hack was similar to the 2016 Bitfinex crypto exchange attack where assets were transferred

In a significant move validating stablecoins' potential on public blockchains, Stripe's acquisition of Bridge underscores the growing acceptance of these digital currencies. Bernstein reports that stablecoins are now the most cost-effective option for cross-border transactions. Stripe's $1.1 billio

Fintech giant Stripe is planning to acquire the stablecoin network Bridge which was founded by Sean Yu, a Coinbase engineer. As per Bloomberg, the crypto company might be attempting to re-enter the stablecoin market with this deal. The Texas-based crypto platform Bridge is in its own league. The c

The crypto space in Africa may be up for a major overhaul as crypto startup Yellow Card has increased its funding to $88 million after raising $33 million in a Series C funding round led by Blockchain Capital. Yellow Card was launched in Nigeria in 2019. From its initial start as a retail-focused c

A new stablecoin payment system has entered the crypto market as Paxos collaborated with payment processor Stripe to launch this feature. Crypto investors can find the new stablecoin payment system when they use the “Pay with Crypto” option on Stripe. The platform is trying to revolutionise interna