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Hong Kong's OSL Group to Offer U.S.-Regulated Stablecoin with Anchorage Digital
Yahoo Finance· 2025-12-11 15:24
Group 1 - OSL Group is launching a new U.S. dollar stablecoin called USDGO, with issuance managed by Anchorage Digital, a federally chartered crypto bank [1][2] - The USDGO token is designed for cross-border payments, treasury operations, and on-chain settlements, backed one-to-one by liquid U.S. dollar assets, including U.S. Treasuries, and includes compliance features like KYC and AML [2] - The stablecoin market is currently valued at $300 billion, with projections by Citi estimating it could grow to between $1.9 trillion and $4 trillion by 2030, driven by increasing use in payments and cross-border transfers [3] Group 2 - OSL's decision to issue USDGO through a U.S. bank highlights the growing significance of the U.S. market, especially following the enactment of the GENIUS Act to regulate the stablecoin sector [4] - OSL Group's CEO emphasized the demand for faster settlements, cheaper transactions, and global reach while maintaining compliance, which is facilitated by partnering with Anchorage Digital, the only federally regulated stablecoin issuer in the U.S. [5]
Coinbase Ending USDC Rewards for Free Users, Will Only Be for Paid Members
Yahoo Finance· 2025-12-11 14:50
Crypto exchange Coinbase will stop paying USDC rewards to non-paying customers next week, confirming to Decrypt on Thursday that only Coinbase One premium subscribers will be eligible to earn 4% on their stablecoin holdings. The exchange first made the announcement in an email sent to Coinbase customers on Thursday, saying the change will take effect on December 15. A Coinbase spokesperson confirmed that USDC rewards are now a member-exclusive benefit of Coinbase One. "Coinbase One allows you to earn 10x ...
Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem
Yahoo Finance· 2025-12-11 13:50
Swedish fintech giant Klarna, best known for its buy-now, pay-later services, is deepening its move into crypto by teaming up with Privy, a wallet infrastructure provider backed by Stripe. The two companies will co-design and test crypto wallet features aimed at helping everyday users store, use and send digital assets, the companies said, in a push to "power a new generation of crypto products for Klarna users." The project builds on Klarna’s recent rollout of KlarnaUSD, a dollar-backed stablecoin laun ...
Klarna partners with Privy to develop simple, secure crypto wallet for the masses
Businesswire· 2025-12-11 13:45
The agreement follows Klarna's recent launch of its own stablecoin, KlarnaUSD, in partnership with Tempo and Bridge. Now, the company is exploring building a wallet to make it easier for everyday people to actually use, store, and transact with crypto, lowering the barrier for mainstream adoption. The partnership represents a research and development initiative as Klarna explores the potential of digital asset infrastructure. Any future product launches would be subject to obtaining necessary regulatory app ...
X @Starknet (BTCFi arc) 🥷
Starknet 🐺🐱· 2025-12-11 11:03
Native USDC has been live on Starknet for over a week now.Protocols like @vesuxyz and @EkuboProtocol are already directing liquidity and incentives to native USDC only.If you’re still in USDC.e, you’re leaving rewards on the table.Time to migrate. https://t.co/kutKtO0QH7Starknet (BTCFi arc) 🥷 (@Starknet):1/ Native USDC and Circle’s CCTP are now fully live on Starknet Mainnet.Bringing unified liquidity, smoother stablecoin UX, and a stronger path for institutional onboarding on Starknet.If you’re still holdi ...
X @The Block
The Block· 2025-12-11 10:13
UK financial authority to prioritize stablecoin payments in 2026 https://t.co/54j0ecSxrm ...
X @CoinMarketCap
CoinMarketCap· 2025-12-11 08:01
Week in Crypto Adoption: Asia Builds Bridges While Argentina Tears Down WallsTaiwan clears stablecoin regs for 2026! Argentina banks eye April crypto launch! Robinhood enters Indonesia! Philippines' GoTyme adds crypto for 6.5M users! Hong Kong launches tax framework consultation!Let's unpack this week's crypto adoption madness. 🧵1/8 ...
X @wale.moca 🐳
wale.moca 🐳· 2025-12-11 06:30
Aleo has launched USDCx on testnet today together with Circle xReserve.Privacy has been a big topic in crypto this year and this makes Aleo the first L1 to launch a privacy-preserving stablecoin which is actually pretty huge.And it brings a lot of benefits when it comes to mainstream business adoption:Businesses can keep sensitive data and payments (payroll, contractors, treasury) private instead of public.For most blockchains it's easy to track company accounts and payment flows with simple blockchain expl ...
X @Wu Blockchain
Wu Blockchain· 2025-12-11 03:03
Blockchain technology company BTSE has launched the first staking interest campaign for Stable (STABLE), now open for subscription. Users can participate by depositing or purchasing STABLE. The campaign includes 3 prize pools, with the subscription deadline set for December 18, 10:00 (UTC+8). Stable is a L1 blockchain focused on stablecoin payments, based on USDT.This post is sponsored by BTSE. https://t.co/ctGS1b8vxH ...
From Anime To Gaming: Sony Planning Stablecoin To Power Digital Media Empire
Yahoo Finance· 2025-12-11 03:00
Group 1 - Sony is planning to launch a U.S. dollar stablecoin in 2026 to enhance its digital ecosystem, allowing users to pay for games, anime, and subscriptions [1][2] - The stablecoin aims to bypass credit card fees, with expectations that most U.S. users will adopt the service [2] - Sony Bank has applied for a national banking charter in the U.S. to enable its Connectia Trust unit to engage in cryptocurrency activities, including issuing dollar-pegged stablecoins [3] Group 2 - The stablecoin infrastructure will be provided by Bastion, which raised $14.6 million in a seed round led by Coinbase Ventures, with participation from Sony's venture arm [2] - The GENIUS Act, signed into law in April, has encouraged a surge in stablecoin interest from traditional financial institutions and tech companies [3] - Stablecoin issuers typically hold reserves in short-term treasury bonds, generating significant profits without sharing with users, as evidenced by Tether's reported net profits of over $13 billion for 2024 [4]