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Coinbase Sets Sights on Thai Baht and Philippine Peso Stablecoins

Fintech News

Coinbase, the global cryptocurrency platform, plans to introduce stablecoins pegged to the Thai baht and Philippine peso as part of its focus on Southeast Asia, according to a report by Nikkei Asia. The company currently has no plans to directly enter Southeast Asian jurisdictions.

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Bitbank Unveils VC Subsidiary, Bitbank Ventures, Planning to Back Promising Blockchain Projects

The Fintech Times

Bitbank , the crypto assets exchange, has officially launched Bitbank Ventures , a new investment firm focusing on projects within the crypto and blockchain space. Bitbank Ventures will consider investing in any blockchain -related projects, ranging from pre-seed to series A.

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PayPal Stablecoin (PYUSD) Made Available on Solana Blockchain

The Fintech Times

PayPal USD (PYUSD), PayPal ‘s USD stablecoin, will now be available on the Solana blockchain. The news was announced at Consensus 2024 , the long-running cryptocurrency, blockchain and web3 event. “Continued adoption from industry participants like PayPal helps realise the next generation of fintech innovation.”

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How Cryptocurrency is Shaping the Future of Payments in Canada

Clearly Payments

In recent years, the rise of cryptocurrency has redefined traditional notions of currency and payment systems worldwide. Cryptocurrency, such as Bitcoin, Ethereum, and others, operates on decentralized blockchain networks, enabling secure, peer-to-peer transactions without the need for intermediaries like banks or financial institutions.

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Changelly Celebrates Major Expansion: 1,000 Cryptocurrencies Now Available with Zero-Fee Valentine’s Promotion

Fintech Review

Changelly , an instant cryptocurrency exchange platform, marks two major milestones: expanding its cryptocurrency support to 1,000 coins across 185 blockchain networks. ” In addition to expanding its cryptocurrency offerings, Changelly has grown its partner network to over 600 companies, up from 500. .

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Onyx CEO On Blockchain, The JPM Coin And Simplifying Payments

PYMNTS

Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies. Liink, J.P.

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Will Singapore Realise Its Tokenisation Dreams?

Fintech News

Rather than shying away from the complexities of the digital asset revolution, the city-state is actively embracing the potential of tokenisation and cryptocurrencies. With the addition of new industry participants like Euroclear and HSBC, GL1 is building a truly collaborative foundation for the future of tokenised asset trading.