Uber’s UK banking partner Griffin raises $20M for stablecoin services
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Tether backs Bolivian fintech bringing USDT payments to food delivery and banking
The investment will support Peso’s expansion across four Latin American markets, where it connects stablecoin payments to merchant services and local banking networks.
HIFI raises $37M to expand stablecoin payments, tokenized markets
HIFI CEO Zach Walsh told Cointelegraph the $37 million Series A is the company’s first priced funding round, though HIFI did not disclose its valuation.
Swiss stablecoin sandbox enters testing phase, adds two new partners
Financial market operator SIX and payment app TWINT have joined numerous banks in the sandbox seeking to develop a Swiss franc-based stablecoin.
Paraguay bank collapse shows stablecoins can offer a lifeline... of sorts
Ueno’s collapse exposed the fragility of digital banking in Paraguay, as customers scrambled for access to their money and stablecoins offered a lifeline.
Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.
US OCC calls on community banks to become payment stablecoin issuers
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January