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U.S. Bank Tests Its Own Stablecoin in First Cross-Border Pilot
U.S. Bank Tests Its Own Stablecoin in First Cross-Border Pilot

U.S. Bank has completed its first publicly announced transaction with USBDC, their own dollar-backed stablecoin built on Stellar, moving funds between the bank's North American and European divisions in a pilot test.

Circle to Buy Payment Firm Tazapay for $400M in Biggest Deal Since 2018
Circle to Buy Payment Firm Tazapay for $400M in Biggest Deal Since 2018

Circle will acquire Tazapay for $400 million in stock, adding payment infrastructure across more than 100 markets to expand USDC’s global utility.

Consensys Splits in Two, Turning MetaMask Into a Standalone Finance App
Consensys Splits in Two, Turning MetaMask Into a Standalone Finance App

Consensys Software will split MetaMask from its institutional blockchain business, creating two independent companies focused on consumer and enterprise markets.

Block Applies for a National Trust Bank to Custody Bitcoin
Block Applies for a National Trust Bank to Custody Bitcoin

Block has applied to establish Builders Bank & Trust, an uninsured national trust bank offering custody services for bitcoin, stablecoins and other assets.

PayPal Lets Businesses Launch Custom Stablecoins Backed by PYUSD
PayPal Lets Businesses Launch Custom Stablecoins Backed by PYUSD

PayPal launches PYUSDx with M0 and MoonPay, enabling businesses to create custom stablecoins backed by its PayPal USD digital currency.

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