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Exodus, MoonPay and M0 Unveil a New Digital Dollar for Everyday Payments
Globenewswire· 2025-12-16 21:30
The stablecoin is fully backed by U.S. dollar deposits, issued and managed by MoonPayOMAHA, Neb., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) (“Exodus”), a leading self-custodial digital asset platform, today announced a partnership with MoonPay to launch a fully reserved, USD-backed dollar stablecoin that will power digital dollar experiences across the Exodus ecosystem. The asset will be issued and managed by MoonPay and developed using M0’s open stablecoin infrastructure ...
Exodus joins stablecoin race with MoonPay-backed digital dollar
Yahoo Finance· 2025-12-16 21:25
Crypto wallet provider Exodus (EXOD) is entering the stablecoin market with the launch of a fully reserved, USD-backed stablecoin in partnership with fintech firm MoonPay. MoonPay will issue and manage the stablecoin, with support from stablecoin infrastructure provider M0. The token is expected to go live in January 2026, with network and product details to follow. The move places Exodus among a small group of public companies behind stablecoin products, including Circle (USDC), PayPal (PYUSD) and Fise ...
Snail Inc. Holds Successful Investor Day Event, Showcasing Its Digital Ecosystem Plans, Stablecoin $USDO Reveal, and New ARK Content Roadmap
Globenewswire· 2025-12-16 21:05
CULVER CITY, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, unveiled major advancements across its growing digital ecosystem during its 2025 Investor Day at the NASDAQ MarketSite in New York City. Company executives shared new developments in crypto and long-term content expansion for the company’s leading game franchise ARK. During the event, Snail introduced it ...
X @Decrypt
Decrypt· 2025-12-16 19:52
Tether Invests in Crypto Startup Powering Stablecoin Use via Bitcoin Lightning Network► https://t.co/t1aC1Esw6V https://t.co/t1aC1Esw6V ...
Tether Heads $8M Funding for Speed to Boost Lightning Stablecoin Payments
Yahoo Finance· 2025-12-16 18:35
Tether has led an $8 million strategic investment in Speed1, Inc., aiming to scale Lightning-native, stablecoin-powered payments for global commerce. The move deepens Tether’s push into Bitcoin -aligned payment infrastructure, as USDT adoption on the Bitcoin Lightning network accelerates. Tether and ego death capital co-led Speed’s $8 million funding round, announced on December 16, 2025. Speed operates payment rails built on the Bitcoin Lightning Network and stablecoins, targeting instant, low-fee settle ...
X @Cointelegraph
Cointelegraph· 2025-12-16 17:45
🔥 LATEST: BNB Chain announced plans to roll out a new stablecoin aimed at powering liquidity across major application scenarios. https://t.co/U7MYuelK2N ...
RedotPay Raises $107M Series B as Stablecoin Payments Surge to 6M Users Worldwide
Yahoo Finance· 2025-12-16 17:28
RedotPay, a stablecoin payment fintech, has raised $107 million in an oversubscribed Series B funding round showing investor confidence in the role of stablecoins in everyday payments. This latest funding raise brings RedotPay’s total capital secured in 2025 to $194 million as the company continues to scale rapidly. Rapid User Growth and Surging Payment Volumes RedotPay said it now serves more than 6 million registered users across over 100 countries. As of November 2025, the platform has surpassed $10 ...
X @CoinMarketCap
CoinMarketCap· 2025-12-16 16:25
LATEST: 💴 Japanese financial conglomerate SBI Holdings is partnering with Web3 infrastructure provider Startale to develop a regulated yen-pegged stablecoin to be used in tokenized asset markets and global settlement systems. https://t.co/vu3RbKg9Rc ...
Tether leads $8 million investment in Speed to push USDT further into everyday payments
Yahoo Finance· 2025-12-16 16:17
Core Insights - Tether has made an $8 million strategic investment in Speed, a payments infrastructure company that integrates Bitcoin's Lightning Network with stablecoin settlement for real-time money transfers [1][2] - Speed processes over $1.5 billion in annual payment volume and serves approximately 1.2 million users and businesses through its wallet and merchant products [1] - The investment aims to enhance Bitcoin-aligned financial infrastructure and broaden the use of USDT beyond trading [2] Group 1 - Speed's system utilizes the Lightning Network for fast payments while allowing settlement in USDT for users seeking predictable values [2] - Tether's CEO emphasized that Speed demonstrates the capability of Lightning networks to support real commerce when combined with a stable digital dollar [2] - Speed's CEO highlighted the transition of crypto from speculation to practical use, emphasizing the combination of speed from Lightning and universal access from stablecoins [3] Group 2 - Tether has been actively investing its substantial profits across various sectors, including a majority stake in Latin American agricultural firm Adecoagro, a privacy-focused health app, and a stake in video-sharing platform Rumble [3] - The company reported over $10 billion in profit during the first nine months of the year, primarily driven by interest on U.S. Treasury holdings backing USDT [4]
X @Decrypt
Decrypt· 2025-12-16 16:14
Visa Begins US Stablecoin Settlement via USDC on Solana► https://t.co/2lzj1e1Hms https://t.co/2lzj1e1Hms ...