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Latest Results from /crypto

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European banks join forces to launch euro stablecoin

Nine European bank have joined forces to launch a euro-denominated stablecoin designed to challenge the dominance of dollar-led tokens.

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Digital euro could roll out in 2029 - ECB's Cipollone

Work on the digital euro is gaining momentum, with a launch possible by the middle of 2029, according to European Central Bank Executive Board member Piero Cipollone.

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Coinbase adds Singapore dollar stablecoin to platform

Coinbase is adding Singapore dollar stablecoins to its platform through a tie-up with licenced issuer StraitsX.

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Morgan Stanley to offer crypto trading through E*Trade following zerohash investment

Morgan Stanley is preparing to offer crypto trading to retail customers through its E-Trade platform, according to reports. The Wall Street giant is working with zerohash on the plans after joining a $104 million funding round for the crypto and stablecoin infrastructure platform.

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Shield raises $5m to bring stablecoin payments to exporters

Shield, a neobank startup using stablecoin payments to make life easier for global trade businesses, has raised $5 million in seed funding.

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Ripple stablecoin becomes offramp for BlackRock tokenised fund

Ripple has joined forces with Securitize on a smart contract that allows holders of BlackRock and VanEck tokenised funds to exchange their shares to Ripple for the firm's stablecoin.

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PayPal invests in Stable layer 1 blockchain

PayPal Ventures has made a strategic investment in Stable, the layer 1 blockchain network for stablecoin transactions.

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US and UK set up crypto and capital markets taskforce

The UK and US governments have set up a transatlantic taskforce to explore collaboration on digital assets.

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Kaia and Line to launch stablecoin superapp

Two Asia-based fintechs, Line Next and Kaia, have launched what is described as a stablecoin superapp, designed to facilitate cross-border payments.

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Most traditional asset managers favouring centralised stablecoins

Growing from a market capitalisation of $130 billion to $280 billion since the end of 2023, Stablecoins continue to grow in relevance. Recent regulatory framework introductions have begun to go further and introduce their adoption within broader applications across traditional finance.

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Kredete raises $22m to bring credit building and stablecoin-based remittances to African immigrants

Kredete has raised $22 million to help African immigrants in North America and Europe build credit and send remittances via stablecoin payments.

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Stablecore raises $20m to bring stablecoins to community banks and credit unions

Stablecore has raised $20 million for a platform that helps community and regional banks and credit unions offer stablecoins, tokenized deposits and digital asset products.