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news-imageFebruary 26, 2025

Singapore's Metro Department Store to Accept USDT, USDC, and Other Stablecoins for Payments

The stablecoin payment option will initially be available at Metro Paragon and Metro Woodlands locations.
Publisher: Coinspeaker
Sentiment: Positive
USDC
USDT

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Positive
cover-imageCoingape
February 26, 2025

PayPal PYUSD Stablecoin Plans to Take On Tether (USDT) Dominance in 2025

PayPal Holdings announced that it would integrate its PYUSD stablecoin into more products this year in 2025, challenging the likes of dominant players like Tether (USDT) in the sector. for this, the payments giant will leverage its existing global network of 20 million merchants which can give an instant boost to its stablecoin adoption.

Neutral
cover-imageBitcoin Magazine
February 25, 2025

USDT on Lightning: the Good, the Bad, and the Unknown

Bitcoin Magazine USDT on Lightning: the Good, the Bad, and the Unknown A look at the upsides and downsides of a tighter integration of USDT into the Lightning Network. This post USDT on Lightning: the Good, the Bad, and the Unknown first appeared on Bitcoin Magazine and is written by Roy Sheinfeld.

Positive
cover-imageCointribune
February 25, 2025

Dubai Officially Recognizes USDC and EURC as First Regulated Stablecoins

In a major advancement for the adoption of stablecoins in the financial sector, the Dubai International Financial Centre (DIFC) has officially recognized USDC and EURC as the first regulated stablecoins within its legal framework. This recognition marks a key milestone for Circle as it establishes itself against its direct competitor, Tether's USDT.

Negative
cover-imageBitcoin
February 25, 2025

Infini Hacked: $49M in USDC Stolen, Admin Privileges Exploited

Infini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers breached its platform and investigations were underway.

Positive
cover-imageCryptonews
February 24, 2025

Circle's USDC and EURC Gain Legal Status with DFSA Approval in Dubai

Circle's USDC and EURC have been approved as the first stablecoins under Dubai's crypto regulatory framework, enabling their integration into financial services within the Dubai International Financial Centre (DIFC). The post Circle's USDC and EURC Gain Legal Status with DFSA Approval in Dubai appeared first on Cryptonews.

Positive
cover-imageBitcoin
February 24, 2025

USDC and EURC Break New Ground as Dubai's First Officially Recognized Stablecoins

Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins.

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