SCB launches stablecoin service for efficient, cost-effective cross-border payments.
Partnership with Lightnet and Fireblocks drives SCB’s blockchain-based remittance service.
Stablecoin adoption rises, with over $2.6 trillion settled internationally in 2024, expanding eligibility.
In Thailand, Siam Commercial Bank (SCB) launched a new stablecoin service to streamline cross-border…
A new report by the Bank of America suggests that PayPal’s new stablecoin, PYUSD will not record the projected adoption in the near term citing tougher competition and indifference of investors.
Per the report, the launch of the new stablecoin by the…
The world of cryptocurrencies is known for its inherent volatility, with prices often experiencing significant fluctuations. While this volatility can present opportunities for high returns, it also poses challenges for those seeking stability in their digital investments. Stablecoins, a unique category of…
Do Kwon, the founder of Terraform Labs, has been charged with multiple counts of fraud, including wire fraud, securities fraud, commodities fraud, and conspiracy to defraud and manipulate markets, by federal prosecutors in the Southern District of New York. The charges were…