No less than nine leading European banks have teamed up to issue a euro-pegged stablecoin in a space dominated by U.S. dollar-pegged digital currencies. Participants say their project aims to provide ...

Australia's central bank on Monday said it was launching a project to explore the potential use and implications of a wholesale form of central bank digital currency (CBDC) using distributed ledger ...

Facebook-backed cryptocurrency Libra has been rebranded "Diem" in a renewed effort to gain regulatory approval by stressing the project's independence.

Tetra Digital, a financial services group, is planning to launch a Canadian stablecoin next year. Stablecoins are a type of cryptocurrency linked to a country's national currency, such as the Canadian ...

Paxos Labs and the Aleo Network Foundation have launched a privacy-focused stablecoin called USAD, pegged to the U.S. dollar. The USAD token is built on Aleo's zero-knowledge blockchain and aims to ...

Stablecoins — once a niche corner of crypto — are suddenly the hottest story in finance. Since the GENIUS Act passed into law this summer, U.S. stablecoin adoption is accelerating at breakneck speed.

MetaMask, the popular crypto wallet developed by Consensys, confirmed on Thursday it will debut its proprietary U.S. dollar token (mUSD) later this year, joining the booming stablecoin market.