Stablecoins will soon have its 'iPhone moment': Circle CEO

Stablecoins will soon have its 'iPhone moment': Circle CEO

The CEO of Circle, which recently debuted on the New York Stock Exchange, predicts it won’t be long before stablecoins reach the level of developer attraction that the iPhone achieved. While stablecoins have yet to attract developers at the same scale as Apple’s iPhone, stablecoin issuer Circle CEO Jeremy Allaire suggests that breakthrough moment isn’t…

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Shopify launches early access to USDC stablecoin payments on Base

Shopify launches early access to USDC stablecoin payments on Base

Shopify is rolling out USDC payments via Coinbase’s Base network, offering cashback perks and expanding crypto checkout options through Shopify Payments. Global e-commerce giant Shopify is rolling out early access to stablecoin payments in Circle’s USDC in collaboration with major US exchange Coinbase. Shopify plans to fully roll out USDC (USDC) payments on Coinbase’s Ethereum…

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Nasdaq-listed Mercurity Fintech to raise 0M for Bitcoin treasury

Nasdaq-listed Mercurity Fintech to raise $800M for Bitcoin treasury

Mercurity’s $800 million Bitcoin treasury financing plan would make the firm the 11th-largest corporate Bitcoin holder after Galaxy Digital. Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800 million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for strategic purposes. Mercurity plans to raise…

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Jack Ma’s Ant International eyes stablecoin licenses in Singapore, Hong Kong

Jack Ma’s Ant International eyes stablecoin licenses in Singapore, Hong Kong

Ant International plans to apply for stablecoin licenses in Hong Kong and Singapore, signaling growing fintech interest in regulated crypto payment systems, Bloomberg reported. Ant International reportedly plans to apply for stablecoin issuer licenses in Singapore and Hong Kong, signaling growing institutional cryptocurrency adoption among fintech firms. Ant International, a Singapore-based unit of the Jack…

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