Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a yen-backed crypto stablecoin by the end of Japan fiscal year 2026, March 2027. The stablecoin will be issued under a trust…
Mastercard unveils Agent Pay for Machines to support autonomous AI transactions, including stablecoins
Mastercard's Agent Pay for Machines infrastructure will support high-volume, low-value payments by autonomous AI agents.
Fold discloses $45 million bitcoin sale, pays off collateralized debt in full; shares surge 160%
Fold Holdings shares surged over 70% as the bitcoin fintech firm paid off its collateralized debt in full through a $45 million bitcoin sale.
Revolut’s Planned U.S. Bank to Add Stablecoin Access Alongside FDIC-Insured Services
Revolut US CEO Cetin Duransoy told Reuters the company plans to offer access to stablecoins in the United States.
Tokenized Real-World Assets Surpass $30 Billion as Institutional Adoption Accelerates
The market for tokenized real-world assets (RWAs) has surpassed $30 billion in on-chain value, according to recent research from a16z crypto, marking one of the fastest-growing segments within blockchain-based finance. The sector’s expansion has been…
The ONUS Implosion: A Critical Examination of Vietnam’s Billion-Dollar Crypto Scam
The recent revelation of the ONUS platform an alleged multi-billion-dollar fraudulent crypto scheme in Vietnam is a clear warning, just like many other fraudulent crypto platforms that came before it, such as FTX and Celsius. Which took advantage of gaps…
UBS Launches First Tokenized Investment Fund on Ethereum Blockchain
UBS Asset Management, a global financial powerhouse, has launched its first tokenized investment fund on the Ethereum blockchain. This marks a significant step for traditional finance towards embracing blockchain technology. The UBS USD Money Market…