Wintermute, a leading global market maker, is thrilled to announce its strategic partnership with Ondo Finance, a specialized asset manager focusing on tokenized real-world assets. The collaboration aims to elevate the multi-chain liquidity of Ondo’s US Dollar Yield stablecoin, USDY. This partnership responds to the surging interest from both traditional and crypto financial institutions in […]
Hong Kong-based First Digital, a prominent player in digital asset custody and trust services in Asia, proudly announces that its stablecoin, First Digital USD (FDUSD), has achieved a significant market capitalization of US$1 billion. This milestone underscores FDUSD’s rapid and widespread adoption within six months of its listing, establishing itself as Hong Kong’s inaugural truly […]
Visa, a global leader in payments, announced its next step in modernizing cross-border money movement. Visa is expanding its stablecoin settlement capabilities to the high-performing Solana blockchain and is working with merchant acquirers Worldpay and Nuvei. Through live pilots with issuers and acquirers, Visa has already moved millions of USDC between its partners over the […]