Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: liquidity Clear Filter

Europe wants to turn Digital Euro (CBDC) into a stablecoin

Europe had first-mover advantage with stablecoins. Then killed stablecoins with regulatory madness: - No yield - €200M/day issuance cap - 60% reserves stuck in weak EU banks Outcome? € stablecoins = $500 million USD stablecoins = $265 billion That’s 500x difference! Tether exited EU. Circle pivoted to USDC. No one wants to build on broken rails. Now ECB wants to “tokenize” Digital Euro on-chain. Digital Euro is a CBDC… But ECB wants to make Digital Euro a stablecoin. Public chains

Tether backs stablecoin liquidity provider Mansa in $10M seed round

As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based Mansa, whose offering allows payments companies, mainly in Africa to date, to settle transactions and fund customer accounts instantly. The startup has raised $10 million in seed funding including both equity and debt. Stablecoin provider Tether led t