More than half of the cryptocurrencies tracked on GeckoTerminal have failed: 53.2%, according to CoinGecko Research. The finding highlights an uncomfortable reality for crypto founders: entering the market has become easier, but staying relevant has become considerably harder. Read More… about Launching Into a Graveyard: Why Visibility Became a Survival Skill for Crypto Projects
Main Content
Featured
HSBC launches first stablecoin for 3.3 million PayMe users in Hong Kong
HSBC has launched its first stablecoin, RedCoin (RCHKD), through its PayMe payments app in Hong Kong, bringing bank-issued digital money within reach of more than 3.3 million existing users. Read More… about HSBC launches first stablecoin for 3.3 million PayMe users in Hong Kong
Circle targets 40 new markets as stablecoin demand grows
Circle plans to expand into roughly 40 emerging and developing markets as demand for stablecoins grows globally, Chief Executive Jeremy Allaire told Reuters, signaling a push to broaden the reach of its USDC dollar-pegged stablecoin beyond established markets. Read More… about Circle targets 40 new markets as stablecoin demand grows
JPMorgan brings JPM Coin deposit token to Ethereum
JPMorgan Chase has launched its U.S. dollar-denominated deposit token, JPM Coin, on the Ethereum blockchain, expanding its blockchain payments business as financial institutions increasingly explore ways to move money and assets on-chain. Read More… about JPMorgan brings JPM Coin deposit token to Ethereum
News
Kraken parent Payward to acquire European bank in push into traditional finance
Payward, the parent company of cryptocurrency exchange Kraken, has agreed to acquire Lithuania-based Saldo Bank, marking a significant step in its expansion from digital asset trading into traditional banking services. Read More… about Kraken parent Payward to acquire European bank in push into traditional finance
Samsung brings USDC transfers to 82 million Galaxy phones
Samsung is moving ahead with its stablecoin plans, confirming that USDC transfers will launch directly inside Samsung Wallet for eligible Galaxy devices in the United States later this month. Read More… about Samsung brings USDC transfers to 82 million Galaxy phones
Tokenized equity trading hits record $15.6 billion in September
Trading of tokenized equities reached a record $15.6 billion in September, rising 16.4% from the previous month as activity in blockchain-based stocks continued to expand, according to a CoinDesk Research report published Oct. 6. Read More… about Tokenized equity trading hits record $15.6 billion in September
UK banks move tokenized deposits toward production
Britain’s biggest banks have completed the first live customer transactions using tokenized sterling deposits, marking a significant step toward putting blockchain-based commercial bank money into real-world payments. Read More… about UK banks move tokenized deposits toward production