News with the tag "stabecoin"

DMM Crypto announced a partnership with Progmat Inc. to launch a new stablecoin under Japanese regulations. The assets will be minted on the Progmat Coin platform, which is compliant with the country’s law. Institutions continue to dabble into stablecoins as it’s a bridge asset for most users toward...

Blockchain and lending startup Figure Technologies Inc., led by former SoFi Technologies Inc. CEO Mike Cagney, is aiming for approval from the U.S. SEC to launch interest-bearing stablecoins. Figure Introduces Interest-Bearing Stablecoins This unconventional move seeks to establish a new category of...

Blockchain and lending startup Figure Technologies Inc., led by former SoFi Technologies Inc. CEO Mike Cagney, is aiming for approval from the U.S. SEC to launch interest-bearing stablecoins. Figure Introduces Interest-Bearing Stablecoins This unconventional move seeks to establish a new category of...