Animoca Brands backs stablecoin payments firm AllScale with strategic investment

Circle's USDC approval in Japan may set a regulatory precedent in Asia, enhancing stablecoin adoption and transforming corporate FX settlements. The post Circle deepens Japan push as USDC becomes first global dollar stablecoin approved by regulators appeared first on Crypto Briefing.

"Stay tuned on June 28 for what’s to come," the team posted on X.

Stablecore has launched an early access stablecoin and digital asset program for U.S. credit unions, allowing participating institutions to test blockchain-based financial services before deciding whether to integrate them into their banking platforms. The program was announced on Wednesday through…

Mastercard wants payments to move beyond plastic by 2030, replacing traditional card numbers with unique transaction tokens and approving purchases with biometrics such as fingerprints and facial recognition. The company says the shift should speed checkout and reduce fraud, but it also raises worries about reliability in all-digital systems and accessibility for less tech-savvy users. […]

Ripple's RLUSD launch in Japan could catalyze broader stablecoin adoption in Asia, enhancing cross-border transactions and financial innovation. The post Ripple’s RLUSD stablecoin launches in Japan after regulatory approval appeared first on Crypto Briefing.

This investment could accelerate the adoption of AI-driven, non-custodial payment systems, potentially reshaping financial transactions. The post Animoca Brands invests in AllScale to enhance stablecoin payment infrastructure appeared first on Crypto Briefing.

Abracadabra's rate hike to combat MIM's depeg highlights DeFi's vulnerability to liquidity crises, impacting investor confidence and market stability. The post Abracadabra raises interest rates as MIM stablecoin depeg worsens appeared first on Crypto Briefing.

The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply.