The Latest Breaking News from Stablecoins

Fintech giant Intuit partners with Circle Internet Group in a multi-year deal.

Mastercard Inc. (NYSE:MA) is charting a new course for the digital economy, and it’s a future where open banking and stablecoins are at the core. This includes the potential for stablecoins to act as settlement currencies, as the company states it sees them as just another form of money.

Stablecoins are gaining traction in finance and bridging the gap between traditional and digital assets. Industry leaders discuss adoption and challenges at Benzinga conference.

Stablecoins play a key role in the broader crypto market's growth, and while the segment is expected to keep expanding, there are also concerns about how the multi-billion-dollar crypto sub-sector will be affected by emerging regulations.

The "Stripe of crypto" has backing from top VC firms including Sequoia, Ribbit, and Haun Ventures.

Stablecoins are celebrating their 10-year anniversary this month, and a new report has, for the first time, uncovered the quantitative link between increasing stablecoin use and economic impact, highlighting the potential of the 10-year-old crypto class.

Amid its ongoing legal battle with the SEC, Ripple has closed a deal to acquire another digital assets custody firm, Standard Custody & Trust Company.