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Stay updated with the latest crypto news, insights, and data on CryptoSlate. Your go-to source for everything crypto.
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News
Thailand’s stablecoin proposal would block transfers to other people’s wallets
14+ hour, 24+ min ago (385+ words) Licensed crypto firms could accept deposits and withdrawals only through accounts verified as the customer’s own. Thailand’s Securities and Exchange Commission has proposed a same-owner requirement for stablecoin transfers that would sharply narrow how customers can move tokens such as…...
Stablecoins make sending money easy until someone needs to spend it
13+ hour, 52+ min ago (1367+ words) Stablecoins compete with remittance companies at the grocery bill as much as on the blockchain. When you send money to someone abroad, the confirmation on your phone is only your half of the transaction: the other half belongs to the…...
Wall Street is building tokenized deposits to lock in customer balances
1+ day, 9+ hour ago (1313+ words) Banks are using tokenized deposits and stablecoins to make cross-border payments faster, reducing the time cash stays trapped for companies. Imagine your company has enough money to pay a supplier, but the money is in its Singapore account and the…...
US Bank moves USBDC across borders on Stellar, but only inside its own walls
1+ day, 13+ hour ago (405+ words) The live payment linked the bank's North American and European entities while testing minting, redemption and issuer controls. U.S. Bank has completed a live cross-border payment pilot using USBDC, its proprietary U.S. dollar-backed stablecoin. The transaction demonstrated in a limited test that…...
Banks get cross-exchange crypto hedge relief under Canada’s new 2027 capital rule
1+ day, 15+ hour ago (290+ words) OSFI’s final rule fixes a cross-exchange capital mismatch only for tightly matched, qualifying Group 2a positions. Canada’s banking regulator has finalized a narrow change to its crypto capital rules that should reduce capital overstatement for some market-neutral positions without broadly easing…...
MetaMask and Consensys split exposes the gap between Ethereum adoption and ETH demand
2+ day, 15+ hour ago (908+ words) The wallet and infrastructure businesses are set to operate independently, while Monad products and private networks complicate the link to ETH demand. Consensys announced plans on Sept. 9 to operate MetaMask separately from its Ethereum infrastructure business, giving the consumer wallet…...
Visa’s $2.5 billion crypto credit bet puts card settlement financing onchain
2+ day, 15+ hour ago (1028+ words) Private Visa files size the loans, smart contracts collect repayment, and undisclosed terms determine who takes the first loss. Every card payment creates a timing problem for the company behind it. A card program may owe Visa through daily settlement…...
XRP Ledger crossed 5 billion transactions, but 92% of August activity came from just 767 bots
2+ day, 18+ hour ago (788+ words) Bitquery found just 793 sender accounts produced 93.2% of all August transactions as broader account participation remained thin. XRP Ledger (XRPL) crossed 5 billion transactions, with new data showing activity increasingly concentrated among a small group of accounts. Bitquery found that 793 sender accounts…...
Paolo Ardoino says 650 million people decentralized US debt, but Tether still controls the T-bills
2+ day, 20+ hour ago (796+ words) USDT spreads dollar claims and Treasury funding demand while Tether keeps reserve ownership, portfolio control and gains above face value. Paolo Ardoino offered a striking answer to a familiar U.S. debt problem: replace concentrated foreign buyers with hundreds of millions of…...
How Tether's $45 million crackdown drove Southeast Asian scam compounds into an 'unfreezable' decentralized stablecoin
3+ day, 18+ hour ago (677+ words) Xinbi says it will transact only in USDD after Tether repeatedly froze the wallets underpinning its payment network. Tether is pursuing Xinbi Guarantee across its USDT payment network, freezing operational wallets as the sanctioned marketplace tries to keep transacting. Blockchain…...