Crypto BusinessTether and Partners Launch FASE Foundation for Crypto Scam Prevention
Tether unveiled the Swiss FASE Foundation with industry partners, aiming to support scam prevention, trafficking survivors and a stablecoin aid pilot.
Tag: Stablecoins
Crypto Business
Crypto BusinessCircle Asks SEC to Treat Qualifying Payment Stablecoins as Cash
Circle published its recommendations to the SEC on payment stablecoins, including proposed cash treatment and changes to broker-dealer capital rules.
Crypto NewsAvalanche Vault Drained of $1.01 Million in USDC Exploit
An Avalanche tranche vault linked by Blockaid to Fence Finance and Valinor Digital lost about $1.01 million in USDC during an October 28 exploit.
Crypto NewsRipple Says RLUSD Received Moody’s A2 and P-1 Ratings
Moody’s assigns Ripple’s RLUSD an A2 long-term and P-1 short-term rating, bringing new scrutiny to stablecoin reserves, liquidity and redemption safeguards.
Crypto BusinessCircle and ACI Worldwide Test USDC Settlement in Colombia
Circle and ACI Worldwide announced a Colombian demonstration using ACI Connetic to explore USDC settlement alongside existing banking payment rails.
Crypto BusinessBlackRock, SBI and Startale Explore Tokenized Funds Using Yen Stablecoin
BlackRock, SBI and Startale signed an October 27 agreement to investigate linking tokenized money market funds with yen stablecoin JPYSC.
Crypto NewsJapan Stablecoin Survey Finds 42.5% Awareness at Large Firms
Asteria's October 27 survey finds 42.5% stablecoin awareness among finance staff at large Japanese firms, but security and integration remain hurdles.
Crypto BusinessRipple Treasury Adds 24/7 Returns for Eligible RLUSD Holdings
Ripple unveils AI-powered Treasury upgrades and 24/7 Returns for eligible corporate RLUSD holdings, with terms and rates still undisclosed.
Crypto BusinessAnchorpoint Holds Back Retail HKDAP Launch as HSBC RedCoin Reaches PayMe
Anchorpoint has yet to confirm when retail users can access HKDAP, while HSBC starts rolling out RedCoin through PayMe to its 3.3 million-user base.
Crypto NewsOCC Stablecoin Rules Leave Room for Some Exchange Rewards
US regulators say crypto exchanges may continue offering interest-like rewards on stablecoin holdings, while issuers remain barred from paying holders interest directly.