Traditional finance fears drive digital asset investment inflows to $160M
According to CoinShares, crypto investment products experienced weekly inflows of $160 million, the largest since July 2022.
On March 27, European cryptocurrency investment firm CoinShares...
USDT issuer Tether has up to $1.7B in excess reserves, CTO...
Tether chief technology officer Paolo Ardoino believes USDT is becoming the “safest asset to hold in the world” amid the banking crisis.
Cryptocurrency firm Tether...
Mastercard opens network to USDC, OKX departs Canada, Bitcoin climbs
Despite global bank turmoil and regulatory crackdowns, traditional and decentralized finance (DeFi) are continuing to blend.
Take, for example, the recent issues that Circle-issued USD...
Ledger CEO: The collapse of banks is a ‘crash course to...
The collapse of major banks highlights the need for Bitcoin and self-custody according to Pascal Gauthier, the CEO and Chairman of hardware wallet provider Ledger.
In...
Xapo Bank to enable USDC deposits and withdrawals
According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees.
Bitcoin custodian and licensed private bank...
Mastercard to settle transactions for stablecoin wallet in APAC
Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted.
Global payment provider...
Fed, central banks enhance ‘swap lines’ to combat banking crisis
Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis and the 2020 coronavirus...