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Latest Stablecoin News and Insights | Yellow
Trust Yellow.com for the latest and most reliable Stablecoin news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on Stablecoin trends and market movements.
News
Donald Trump Backed WLF To Launch Stablecoin Ahead of US Elections
Oct 29, 2024
Ahead of the November 5, US elections, Donald Trump's crypto venture World Liberty Financial (WLF) is set to launch its own stablecoin. This comes at a time when the former US President announced WLFI token sale was hit with technical snags two weeks ago. While the WLFI token sale had a goal to rais
US Govt Linked Crypto Wallet Drained Empty Like the 2016 Bitfinex Attack - $20M Stolen
Oct 25, 2024
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
Stripe's Bridge Deal Confirms Stablecoin Adoption, Says Bernstein
Oct 22, 2024
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 billion
After Paxos Stripe Eyes Bridge’s Stablecoin Payment Network Through Acquisition
Oct 18, 2024
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 com
African Crypto Startup Yellow Card’s $33M Funding To Boost Stablecoin Adoption in the Continent
Oct 17, 2024
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 cr
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