Tag: Stablecoin

Bakkt Stock Surges 20% after Move on Stablecoin Payments Strategy

admin

With Bakkt’s share price surging following the announcement, the stock deal could be worth about $178 million. Cryptocurrency infrastructure platform Bakkt Holdings announced an agreement to purchase Distributed Technologies Research, a stablecoin and fiat payments infrastructure provider. In a Monday notice, Bakkt said the agreement will have the company issue more than nine million shares of its Class A common stock to Distributed Technologies Research shareholders. At the time of publication, the price of shares of Bakkt Holdings (BKKT) on the New York Stock Exchange was $19.54, having surged more…

VelaFi Raises $20M as Stablecoin Payments Expand in Latin America

admin

VelaFi, a stablecoin-based financial infrastructure company under Galactic Holdings, has raised $20 million in a Series B round to support the expansion of its enterprise payments and settlement services across Latin America, the United States and Asia. According to Monday’s announcement, the round was led by XVC and Ikuyo, and brings the company’s total funding to more than $40 million. Founded in 2020, VelaFi provides payments infrastructure that connects local banking systems, global transfer networks and stablecoin protocols. Its services include fiat on- and off-ramps, cross-border payments, foreign exchange workflows…

Bakkt to acquire stablecoin payments company DTR, stock rises 10%

admin

Key Takeaways Bakkt, a digital asset infrastructure company, plans to acquire Distributed Technologies Research. The acquisition will proceed via an all-stock transaction wherein Bakkt will issue shares of Class A common stock to DTR shareholders. Share this article Crypto services company Bakkt is set to acquire stablecoin payments provider Distributed Technologies Research Ltd. (DTR) through an all-stock transaction, the company said Monday. Bakkt has entered into an agreement to acquire Distributed Technologies Research Ltd., strengthening our global stablecoin settlement and programmable payments infrastructure. The transaction supports Bakkt’s evolution into a…

World Liberty Financial Enters Crypto Lending with USD1 Stablecoin

admin

World Liberty Financial, a decentralized finance project linked to the family of US President Donald Trump, has entered the cryptocurrency lending market, highlighting renewed interest in onchain credit as regulatory clarity improves. The new product, called World Liberty Markets, launched on Monday and allows users to borrow and lend digital assets, according to a Bloomberg report. The platform is built around USD1, World Liberty’s US dollar–backed stablecoin, alongside its governance token, WLFI. Users can post collateral, including Ether (ETH), a tokenized version of Bitcoin (BTC) and major stablecoins such as…

Stablecoin Card Adoption Will Take Off in 2026 Says Dragonfly

admin

An industry leader said stablecoin-powered cards are shaping up to be one of the biggest crypto themes of 2026, which seek to provide the benefits of blockchain while keeping the payment experience familiar for consumers. “This is one of the big themes of 2026: crypto becomes enmeshed more deeply into how payments flow through the global economy,“ Haseeb Qureshi, a managing partner at crypto-focused venture capital firm Dragonfly, posted to X Friday. “Stablecoin cards are growing like crazy, everywhere in the world,” the VC added after stablecoin startup Rain raised…

Stablecoin Payment Flows Could Hit $56.6T by 2030

admin

Stablecoin payment flows could tap $56.6 trillion by 2030, according to Bloomberg Intelligence, a rise that would make stablecoins one of the most important payment tools in global finance. Stablecoin payment flows was $2.9 trillion in 2025, according to Bloomberg. Hitting $55.6 trillion would require a staggering 81% compounded annual growth rate (CAGR) over the next five years. This could be driven by increasing institutional adoption and rising reliance on stablecoins in countries where people are seeking protection from inflation and economic instability. Stablecoin payment flows between 2024 and 2025…

China’s Interest-Bearing Digital Yuan Piles Pressure on US Stablecoin Rules

admin

China’s move to let banks pay interest on digital yuan wallets from Jan. 1 is sharpening the debate in Washington over whether United States dollar stablecoins are being left structurally uncompetitive by the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s ban on yields.  The move allows China’s commercial banks to pay interest on balances held in e‑CNY wallets, with officials framing it as a way to better integrate the central bank digital currency (CBDC) into bank balance sheets. ​Coinbase CEO Brian Armstrong warned in an X post…

Binance Debuts Gold, Silver Perps, USDT TradFi Settlement Stablecoin

admin

Binance launched new perpetual futures contracts tied to gold and silver, expanding the crypto exchange’s derivatives offering beyond digital assets as demand grows for exposure to traditional safe-haven markets. Binance said Thursday it had introduced gold and silver perpetual futures that allow investors to trade the metals around the clock without an expiration date. The contracts are settled in Tether’s USDt (USDT) stablecoin, giving traders onchain access to price movements in precious metals rather than direct ownership of the underlying assets. The new products, listed as XAUUSDT and XAGUSDT, are…

Wyoming State-Backed Stablecoin FRNT Goes Live to Public

admin

Wyoming’s Frontier Stable Token (FRNT), the first stablecoin issued by a US state, is now available to the public following delays caused by lingering regulatory hurdles. The state’s Governor Mark Gordon said on Wednesday that it is “the first fiat-backed, fully-reserved stable token to be issued by a public entity in the United States.”  He added that the token would provide “a cheaper, faster, and more transparent means of transacting,” and would be “another source of funding for our schools and can lower the taxpayer burden in our state.” The…

World Liberty Financial files OCC trust charter to launch USD1 stablecoin bank

admin

Key Takeaways World Liberty Financial is seeking a national trust charter to bring USD1 issuance custody and conversion under federal oversight. The move signals growing institutional demand for regulated stablecoin infrastructure as USD1 supply tops $3.3 billion. Share this article World Liberty Financial said WLTC Holdings LLC has filed a de novo application with the Office of the Comptroller of the Currency to establish World Liberty Trust Company National Association, a proposed national trust bank focused on stablecoin operations. If approved, the charter would allow the trust to issue USD1,…