U.S. dollar stablecoin
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Riskier Cryptocurrency to Buy Right Now: XRP vs. Cardano
Yahoo Finance· 2025-12-13 12:05
Key Points XRP is trying to get adopted by banks and financial institutions. Cardano is trying to get adopted as a new web-based transaction settlement layer. Both cryptocurrencies are fairly risky, but they aren't equally so. 10 stocks we like better than XRP › Most investors aren't looking for cryptoassets to buy so that they can feel the thrill of risk, yet that's exactly what many end up experiencing. On that note, it's pretty easy to take on more risk than intended, even if you're sticking ...
From Anime To Gaming: Sony Planning Stablecoin To Power Digital Media Empire
Yahoo Finance· 2025-12-11 03:00
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sony (NYSE:SONY) is planning to launch a U.S. dollar stablecoin to power its digital ecosystem, according to Nikkei. Sony Bank, the online banking arm of the electronics and entertainment giant, plans to launch a dollar stablecoin in 2026, Nikkei reported on Dec.1. Users are expected to use the stablecoins to pay for games, anime and subscriptions within Sony’s ecosystem, the report said. Don't Miss: Mis ...
Czech central bank buys $1 million in bitcoin, other crypto assets for testing
Yahoo Finance· 2025-11-13 15:51
Core Insights - The Czech National Bank (CNB) has initiated its first purchase of digital assets, creating a $1 million test portfolio to explore blockchain-based investments [1][2] - The portfolio includes bitcoin, a U.S. dollar stablecoin, and a tokenized deposit, with the aim of gaining practical experience in managing digital assets [2][3] - CNB Governor Aleš Michl stated that the project aims to evaluate the potential role of decentralized bitcoin in diversifying reserves, with a public assessment expected in two to three years [3][4] Investment Details - The CNB's test portfolio will not be actively increased and is intended solely for operational and regulatory study [2][3] - The bank will analyze the operational steps involved in holding digital assets, including key management, security protocols, and compliance with anti-money laundering regulations [4][5] - The CNB has launched the "CNB Lab," an internal hub to explore emerging technologies like blockchain and artificial intelligence, alongside the digital assets initiative [6] Future Outlook - The CNB emphasizes that this investment does not indicate a policy shift, and the country's foreign exchange reserves will remain unchanged [7] - The analysis leading to this decision reflects a growing integration of digital assets into institutional portfolios, suggesting potential for wider acceptance in the future [3][6]
1 Important Tailwind That Could Send SOL's Stock Skyrocketing
Yahoo Finance· 2025-11-04 19:27
Core Insights - Solana is currently the sixth-largest cryptocurrency globally, with a market cap exceeding $100 billion as of October 31 [1] - The network's scalability allows for the potential processing of tens to hundreds of thousands of transactions per second (TPS) [1][3] - Solana utilizes a proof-of-stake mechanism similar to Ethereum, combined with a unique proof-of-history feature that timestamps transactions for improved efficiency [2][3] Scalability and Performance - Theoretical TPS capabilities of Solana are estimated to reach up to 710,000 TPS, although current processing rates are around 1,000 TPS [3][4] - A recent stress test demonstrated Solana's ability to handle over 107,000 TPS, primarily through "noop" transactions, indicating significant potential [5] - The network's performance is further validated by partnerships, such as Western Union's decision to use Solana for its new U.S. dollar stablecoin [6] Future Developments - Developers are expected to continue enhancing TPS through upgrades, with the upcoming Alpenglow upgrade being described as the largest in Solana's history [7] - This upgrade will introduce off-chain voting, simplified validator costs, and larger blocks, all aimed at improving transaction speeds [7] - If Solana successfully increases its TPS, it could lead to a substantial rise in the token's price [8]
X @Wu Blockchain
Wu Blockchain· 2025-10-24 17:22
Tether plans to launch a U.S. dollar stablecoin, USAT, in December 2025, compliant with the GENIUS Act and targeting 100 million users in the U.S. CEO Paolo Ardoino said the company is considering 2–3 additional investments in content or social platforms to expand USAT’s use cases in the creator economy. https://t.co/vUo2HM8aid ...
Ripple Set to Enter Corporate Treasury Business With $1B Acquisition of GTreasury
Yahoo Finance· 2025-10-16 15:25
Core Insights - Ripple is acquiring GTreasury for $1 billion to enhance its corporate finance capabilities [1] - The acquisition will integrate GTreasury's treasury platform, which is utilized by Fortune 500 companies for cash and risk management, into Ripple's financial tools [1][2] - This move positions Ripple to engage directly with large treasury departments that still depend on outdated systems [2] Group 1: Acquisition Details - The acquisition is expected to close in the coming months, pending regulatory approvals [1] - This marks Ripple's third acquisition this year, following the purchase of multi-asset prime broker Hidden Road for $1.25 billion and stablecoin payments platform Rail for $200 million [6] Group 2: Strategic Implications - Ripple aims to transform how enterprises manage money by leveraging blockchain technology to address inefficiencies in traditional payment systems [3] - The combination of Ripple's and GTreasury's capabilities is intended to enable treasury and finance teams to optimize capital usage and facilitate instant payments [4] - Ripple is expanding its role as a provider of financial services infrastructure, building on its previous launch of a U.S. dollar stablecoin with over $840 million in supply [5]