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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

Circle, the world's second-largest stablecoin issuer, has announced plans to introduce reversible transaction capabilities for its digital currency operations, USDC transfers etc. The company aims to establish mechanisms allowing refunds in cases of fraud or disputes, marking a significant departure

Tether accelerated its USDT token issuance to unprecedented levels in September, minting approximately $8 billion worth of the stablecoin during a month that saw cryptocurrency markets shed nearly $200 billion in value. Exchange reserves of USDT reached all-time highs of 48 billion tokens, signaling

Nine major European banks announced Thursday the formation of a new Dutch company aimed at launching a euro-denominated stablecoin, marking a significant push by traditional financial institutions into the regulated digital currency space. The consortium includes prominent lenders ING and UniCredit,

Societe Generale-FORGE, the cryptocurrency subsidiary of France's second-largest bank, selected Bullish Europe as the inaugural exchange to list its USD CoinVertible stablecoin. The partnership marks a significant step in traditional banking's gradual adoption of digital assets amid evolving regulat