Key Points Cardano survived the crypto flash crash fairly well. Its on-chain finance ecosystem is still struggling, same as before the crash. A lot needs to change to make this asset appealing to purchase. 10 stocks we like better than Cardano › When an asset falls for a month, it can feel like a clearance sale, and sometimes it is. Given the recent context of the Oct. 10 crypto flash crash, the odds for that being true are higher than normal. Yet while many of the crypto majors have clawed back ...

By Pritam Biswas (Reuters) -Coinbase Global beat analysts' estimates for third-quarter profit on Thursday, as heightened volatility in digital assets boosted trading volumes at the cryptocurrency exchange, sending its shares up more than 3% after the bell. Digital assets rallied in July as crypto-friendly policies by U.S. President Donald Trump attracted institutional investor interest, catapulting bitcoin, the world's largest cryptocurrency, to new peaks. However, weak economic data in the following mo ...

Mastercard, as part of its crypto expansion strategy, is close to acquiring the crypto tech company, Zerohash for roughly $1.5 to $2 billion. For the uninitiated, Zerohash, founded in 2017 and based out of Chicago, provides backend support that lets fintechs and other financial institutions add crypto, stablecoin and tokenization features on to their platforms via APIs. The backend solution package also includes custody, conversions and payouts. According to a 29 October report by Fortune, if Mastercard ...

The race to acquire blockchain infrastructure is picking up speed, according to U.S. bank Citizens. Citizens said it expects the pace of mergers and acquisitions across digital assets to accelerate from here in a new research report. The analysts noted that the digital-asset industry’s technical complexity, talent shortages, and stringent compliance demands make acquisitions the most practical path for incumbents. Meanwhile, digital-native companies gain scale, customer reach, and regulatory credibility ...

Credit card giant Mastercard is reportedly in advanced discussions to acquire stablecoin infrastructure firm Zerohash for between $1.5 billion and $2 billion, according to Fortune, which cited five unnamed sources with knowledge of the deal. The potential acquisition is the second this month that New York-based Mastercard is reportedly pursuing as it looks to expand its presence in the stablecoin space, along with other high-profile financial services firms. A Mastercard spokesperson told Decrypt that th ...

Mastercard (MA) is reportedly eyeing to acquire blockchain infrastructure startup Zero Hash as the competition for stablecoin payments is heating up. The global payments and card provider is in late stage talks and could pay $1.5 billion-$2 billion for the crypto firm, Fortune reported on Wednesday citing sources familiar with the matter. That comes as Mastercard might be losing out against Coinbase on bidding for crypto payments firm BVNK, the report added. The news comes as stablecoins, or cryptocurren ...

SCARLET: LIVE FROM BLOOMBERG WORLD HEADQUARTERS NEW YORK, AND SCARLET FU. TIM: I'M TIM STENOVEC. WELCOME TO "BLOOMBERG CRYPTO" SCARLET: ETF FOCUSING ON SMALLER COINS EVEN AS THE GOVERNMENT SHUTDOWN STRETCHES TO THE 29TH DAVID TIM: WE SPEAK TO THE CEO OF SECURITIZE AS HE MAKES A DEAL TO BRING SEALERS TO THE BLOCKCHAIN.SCARLET: AND WE WILL SPEAK TO ANOTHER CEO AS THE DIGITAL ASSET TREASURY MODEL COMES UNDER PRESSURE. TIM: THAT IS AHEAD ON THE NEXT HALF-HOUR. LET'S TAKE A STEP BACK AND LOOK AT HOW BITCOIN DID ...

公司战略动向 - Western Union计划于明年上半年为其拥有1亿用户的支付网络推出美元支付代币（USDPT）[1] - 该稳定币将由受联邦监管的数字资产银行Anchorage Digital在Solana区块链上发行[2] - 公司旨在利用区块链技术为全球客户提供更快、更高效、更具包容性的支付服务[3] 合作伙伴与技术选择 - 选择Anchorage Digital作为受监管的合作伙伴以确保合规性[3] - 采用Solana区块链网络是看中其低成本、快速结算的技术特性[2] - 此次合作旨在将数字美元的优势带给公司网络并覆盖全球[3] 行业趋势与背景 - 稳定币市场规模已达3000亿美元并日益融入全球支付通道[3] - 稳定币为传统支付轨道提供了更便宜、更快速的替代方案在汇款和跨境交易中日益普及[3] - 美国通过的GENIUS法案为稳定币行业和发行机构带来了明确的监管框架[3] 市场竞争格局 - 竞争对手MoneyGram的应用升级由Circle的USDC稳定币、Stellar区块链和Crossmint支持[4] - 支付公司PayPal由Paxos发行的稳定币自2023年推出后已增长至27亿美元[4] - 支付公司Stripe正在基于支付链构建自身的稳定币基础设施[4]

公司战略与产品规划 - 公司计划于2026年推出其自有稳定币 [1] - 该稳定币的主要用途是进行全球范围内的资金转账 [1] 产品潜在影响与优势 - 此举可能降低客户的转账成本 [1] - 该产品有望实现更快的交易结算速度 [1]

Canada is moving quickly to finalize long-awaited rules for stablecoins ahead of its federal budget announcement on November 4, as policymakers rush to keep pace with the United States and prevent a loss of financial sovereignty amid rising use of U.S. dollar-backed tokens. According to Bloomberg, government officials have spent weeks holding closed-door consultations with regulators and industry stakeholders to develop a regulatory framework for stablecoins. The rules are expected to be outlined in the ...