Category: Stablecoin
USDC issuer Circle expands Asia focus in push to enter the region’s flourishing payments ecosystem
How can Asian businesses send and receive payments cheaper, faster and more securely? Circle thinks the answer may come from blockchain and stablecoins.
Blockchain startup XREX gets $17M to make cross-border trade faster
This post is by Catherine Shu from Fundings & Exits – TechCrunch XREX co-founders Winston Hsiao and Wayne Huang A substantial portion of the world’s trade is done in United States dollars, creating problems for businesses in countries with a dollar shortage. Blockchain startup XREX was launched to help cross-border businesses in emerging markets perform faster…
BlockFi lands a $350M Series D at a $3B valuation for its fast-growing crypto-lending platform
This post is by Mary Ann Azevedo from Fundings & Exits – TechCrunch If there were any doubt about a cryptocurrency boom, we need look no further than at the explosion of growth of certain companies in the space. One such company is BlockFi, which today announced it has closed on a massive $350 million…
Facebook’s Libra Launch
This post is by jlk from The Barefoot VC The big news heading out of last week and into the upcoming week is Facebook’s long-awaited GlobalCoin (or Libra Coin), likely to be a stablecoin pegged to a basket of global currencies. Details of its initial consortium leaked late last week – industry website The Block broke…