Tag : stablecoins

Paxos Leads Digital Asset Industry by Becoming First Issuer to Disclose Full Monthly Reserve Holdings Backing USDP and BUSD Regulated Stablecoins
Finance News

Paxos Leads Digital Asset Industry by Becoming First Issuer to Disclose Full Monthly Reserve Holdings Backing USDP and BUSD Regulated Stablecoins

Fintech News Desk
by Fintech News Desk0
Paxos will provide unprecedented level of disclosure for digital assets, consistent with federally required disclosures of the most conservative regulated products Paxos, the leading regulated blockchain infrastructure platform, has disclosed the specific financial instruments backing its regulated stablecoins USDP and BUSD. Moving forward, Paxos will provide these detailed disclosures on......
Rob Morgan Named CEO of USDF Consortium of Banks Seeking Increased Access to Stablecoins
Banking News

Rob Morgan Named CEO of USDF Consortium of Banks Seeking Increased Access to Stablecoins

Fintech News Desk
by Fintech News Desk0
Former American Bankers Association Executive to Focus on Membership, Growth, Regulations The USDF Consortium, founded to build a network of banks to further the adoption and interoperability of a bank-minted tokenized deposit (USDF™), announced that Rob Morgan has joined as chief executive officer. Latest Fintech News: Wingsure Partners with AICIL to Provide......
NodeDAO Creates The Defi 2.0 Mechanism With New Features Of DAO+insurance
DeFi News

NodeDAO Creates The Defi 2.0 Mechanism With New Features Of DAO+insurance

Fintech News Desk
by Fintech News Desk0
A new path of decentralized insurance driven by consensus and algorithm NodeDAO released the DeFi 2.0 mechanism with the new features of DAO+insurance. NodeDAO will build a DAO-oriented Vault with vault as the core. Vault is a DeFi 2.0 repository for storing various assets such as LPtoken, mainstream assets and......
Orbital Revolutionises Corporate Treasury With Its Innovative Platform That Combines Traditional and Cryptocurrencies Alike
Digital Asset Management News

Orbital Revolutionises Corporate Treasury With Its Innovative Platform

Fintech News Desk
by Fintech News Desk0
Orbital announces the launch of its new platform – an industry-first product that bridges the gap between traditional finance and digital asset treasury solutions, facilitating a regulated, secure, and frictionless experience for multinational corporates. By leveraging cryptocurrencies and stablecoins, Orbital takes treasury solutions into a new era – dramatically increasing......
WadzPay Token (WTK) is Now Available on XinFin's XDC Network
Cryptocurrency News

WadzPay Token (WTK) is Now Available on XinFin’s XDC Network

Fintech News Desk
by Fintech News Desk0
WadzPay Token (WTK) is available on XinFin’s XDC Network as an XRC20 token marking the next step in a strategic technological partnership between the two major players, enhancing WTK cross-chain interoperability paving the path towards WTK being used for gaming, microtransactions, and remittances planned for 2022 amongst various other applications......
Zebec Protocol Becomes the First Solana Protocol in Visa Fintech Fastrack Program
Banking Blockchain Featured

Zebec Protocol Becomes the First Solana Protocol in Visa Fintech Fastrack Program

Sudipto Ghosh
by Sudipto Ghosh0
Visa Fintech Fastrack Program is one of the most widely recognized Fintech partnership, collaboration, and investment communities in the industry. The key objective of this Fintech program is to create new and innovative payment solutions for global financial and banking solutions. With Visa Fast Track, Visa is making it easy......
TrustToken Bolsters Senior Leadership with Veteran Wall Street and Silicon Valley Hires
DeFi News

TrustToken Bolsters Senior Leadership with Veteran Wall Street and Silicon Valley Hires

Fintech News Desk
by Fintech News Desk0
TrustToken, the team behind TrueFi, the leading unsecured lending protocol, and popular stablecoins including TrueUSD, announces the addition of Wall Street and Silicon Valley veterans to its C-suite as part of a growing focus on servicing institutional finance with its a suite of DeFi solutions. The company also onboarded former Ethworks engineers onto......
President’s Working Group (PWG) Addresses Payment System Risks Associated with Stablecoins
Cryptocurrency Digital Payments Featured

President’s Working Group (PWG) Addresses Payment System Risks Associated with Stablecoins

Sudipto Ghosh
by Sudipto Ghosh0
Stablecoins are fast becoming an alternative to bitcoin payments, even as these hybrid cryptocurrencies already facilitate digital transactions of other cryptocurrencies. In order to regulate the payments risks associated with digital asset trading involving stablecoins, the President’s Working Group on Financial Markets (PWG) released a comprehensive report on stablecoins. The......
Tassat CEO Praises Federal Stablecoin Recommendations
B2B Digital Payments News

Tassat CEO Praises Federal Stablecoin Recommendations

Fintech News Desk
by Fintech News Desk0
Tassat-Enabled Bank-Issued Stablecoins Are Backed One-to-One by U.S. Dollars and Qualify as FDIC-Insured Deposits Ron Totaro, CEO of Tassat Group Inc., whose TassatPay™ blockchain-based B2B payment platform enables bank-issued stablecoins, offered comments on the recommendations on stablecoins by the President’s Working Group on Financial Markets and federal financial regulators: Read More: QuickFee Introduces......
Celsius and GMO Trust Expand Regulated USD Stablecoin Lending Market
Cryptocurrency Finance Fintech News

Celsius and GMO Trust Expand Regulated USD Stablecoin Lending Market

Fintech News Desk
by Fintech News Desk0
GMO-Z.com Trust Company, Inc., the New York-based, regulated stablecoin subsidiary of Japanese Financial Services and Internet conglomerate GMO Internet Group, embarks on a new partnership with Celsius, the industry-leading cryptocurrency lending platform. Customers will be able to use ZUSD, a regulated, USD-pegged stablecoin issued by GMO Trust, as collateral for crypto-backed......
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