Ripple has selected Bank of New York Mellon as the primary custodian for the reserves supporting its U.S. dollar-pegged stablecoin, RLUSD. Both companies announced on July 9 the ongoing integration of ...

Stablecoin boosters say the crypto assets can lead to big cost savings, but some analysts are skeptical they will catch on.

The partnership should enhance regulatory compliance for Ripple, the issuer of ripple USD (RLUSD), and boost institutional ...

Ripple has named BNY Mellon as the primary custodian for its RLUSD stablecoin reserves, signaling growing institutional ...

PayPal's PYUSD has partnered with technology firms such as BitPay, Xsolla and Xeni to boost scale for its stablecoin. While ...

Hurdles in banking and retail may make brand-name stablecoins an idea better in theory than in practice, the credit rating ...

Walmart and Amazon are reportedly exploring their own corporate stablecoins as a customer payment option, which could potentially reduce the billions of dollars the retailers pay in credit transaction ...

As per the report, Amazon and Walmart are mulling the introduction of stablecoins pegged to the U.S. dollar. Streamlined global payments, lower processing fees, and less dependence on traditional fund ...

Even if companies like Walmart and Amazon don’t create their own tokens, they’re considering joining a merchant-led consortium that would adopt an existing stablecoin platform.

The U.S. Senate has passed a bill to create a regulatory framework for stablecoins, a once-niche corner of the crypto industry that is gaining traction among global companies.

Amazon (AMZN), one of the world’s largest e-commerce and cloud computing companies, is reportedly exploring its own entry into this space by launching a stablecoin for online transactions.

Unlike Bitcoin or Ethereum, which can experience wild price swings, stablecoins aim to keep their value steady—typically 1 stablecoin equals 1 USD. For Amazon and Walmart, this move is not ...