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The European Union faces mounting pressure to establish clear regulatory guidelines for stablecoins issued across multiple jurisdictions, as Italy's central bank warned Thursday of significant financial stability risks under current cross-border frameworks. What to Know: Bank of Italy Deputy Governo

PayPal's USD stablecoin (PYUSD) officially launched on the Stellar blockchain Thursday, marking a significant partnership between the payments giant and the cryptocurrency network. The integration promises users faster transaction speeds and reduced fees, with PayPal USD now available across PayPal,

Tether announced it will launch USAT, a United States-only stablecoin designed to comply with the GENIUS Act, marking a strategic pivot for the world's dominant stablecoin issuer. The $170 billion company plans to introduce USAT by the end of 2025, pending regulatory approval, as new federal legisla

Base, the public blockchain network operated by cryptocurrency exchange Coinbase Global Inc., announced it is exploring the development of a native network token, Bloomberg reports. The potential cryptocurrency would function as a payment mechanism for transaction fees on the blockchain platform and

Cryptocurrency industry groups are pressing the Bank of England to abandon proposed limits on stablecoin ownership, arguing the restrictions would make Britain less competitive than the United States and European Union in digital asset regulation. What to Know: The Bank of England proposes caps of £