The recent downturn in cryptocurrency markets has reignited a familiar debate: just how stable are stablecoins? Once heralded as the bridge between volatile digital assets and traditional finance, stablecoins are now under increasing scrutiny as the broader crypto ecosystem faces mounting losses. Bitcoin, which soared to an all-time high of $126,000, has since plunged to … Read more
In a bold move signaling its entry into the digital assets space, Western Union has announced plans to launch its own stablecoin, the U.S. Dollar Payment Token (USDPT), and a Digital Asset Network designed to enable seamless real-world utility for digital assets. This new initiative aims to reshape how money moves across borders and improve … Read more
U.S. Bank — one of the nation’s largest lenders and global custodians — is officially deepening its bet on blockchain and digital finance.The bank announced Wednesday (Oct. 15) that it has established a dedicated Digital Assets and Money Movement organization focused on four major areas: The new division will focus on both product innovation and … Read more