Guardian

BBVA to Launch Visa-Backed Euro-Pegged Stablecoin Next Year

BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch stablecoins.

Open Interest In XRP Skyrockets To Record $1 Billion Amid Excitement Over Ripple’s Upcoming Stablecoin Launch

Rising open interest in XRP has crypto watchers optimistic that the crypto’s protracted downtrend is nearing its end. XRP’s open interest recently jumped to over $1 billion, leading to speculations over whether a huge price jump is the next probable move.

PayPal Taps Native Stablecoin PYUSD for Business Payment to Accounting Giant Ernst & Young: Report

Payments giant PayPal has reportedly completed its first business transaction using the dollar-pegged stablecoin it launched last year. Bloomberg reports that on September 23rd, the San Francisco-based company used PayPalUSD (PYUSD) to pay an invoice to the Big Four accounting firm Ernst & Young.

Coinbase Will Delist Non-Compliant Stablecoins in Europe as MiCA Deadline Looms

The crypto exchange’s announcement comes as the European Union moves to introduce tighter controls on crypto assets.

Coinbase to Delist Unauthorized Stablecoins in EU by December

Tether, which is the largest issuer of stablecoins, has not managed to snag the necessary e-money license in the European Union.

Coinbase to delist some stablecoins in Europe ahead of new regulations

Coinbase will delist certain stablecoins in the European Economic Area by year’s end, the cryptocurrency exchange said on Friday, as the industry braces for tougher regulation in the region.