Key insight: Paxos Labs and Aleo have launched a stablecoin that includes "privacy" for payroll. What's at stake: Other fintechs are also targeting stablecoins for payroll, creating competition.

PayPal has partnered with decentralized finance (DeFi) protocol Spark to expand liquidity for its US dollar stablecoin, PayPal USD (PYUSD). PayPal's stablecoin has attracted more than $135 million in ...

As stablecoins gain broader adoption in the U.S., they will eat into banks' deposits. As a result, lending in the U.S. may be increasingly funded by the wholesale capital markets, write Mike Cagney ...

Tether is known as the world's largest stablecoin issuer. Recently, Tether announced USA₮, a proposed U.S.-regulated, dollar-backed stablecoin, and appointed former White House aide Bo Hines to be its ...

Stablecoin issuer Tether expects 2025 to mark another record year for profitability, underscoring the company’s powerful business model as global adoption of digital dollars continues to accelerate.

NEW YORK--(BUSINESS WIRE)--World Liberty Financial (“WLFI”) announced that USD1, the world’s fastest-growing stablecoin, is now available on Coinbase (NASDAQ: COIN). “Beginning today, countless users ...

Western Union (NYSE:WU) is planning to roll out a dollar-backed stablecoin on the Solana (SOL-USD) blockchain next year, aiming to make global money transfers faster and cheaper. WU shares gained 7% ...

Circle (NYSE:CRCL), the world's second-largest stablecoin issuer, is reportedly considering introducing a "reversible" mechanism for its token transactions. “We are thinking through [. . .] whether or ...