BBVA Starts Offering USDC to its Swiss Clients
Spanish bank BBVA has today announced the expansion of its cryptocurrency custody and trading services in Switzerland to now include USD Coin (USDC) for both institutional and private banking clients.
Spanish bank BBVA has today announced the expansion of its cryptocurrency custody and trading services in Switzerland to now include USD Coin (USDC) for both institutional and private banking clients.
Grand Cayman, Cayman Islands, 5th September 2024, Chainwire
PayPal’s stablecoin PYUSD has reached a market capitalization of over $1 billion, crossing the milestone last week.
Tether has revealed its intentions to create a stablecoin that will be tied to the United Arab Emirates Dirham (AED).
Tether is expanding its USDT stablecoin to the Aptos blockchain.
According to Markus Thielen, a researcher at 10x Market, an increase in stablecoin issuance could be the catalyst for the next surge in Bitcoin.
In recent weeks, bankrupt crypto lending company Celsius has launched several legal actions in an effort to recover billions of dollars for its creditors from various crypto firms, including Tether.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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