Santander Eyes Stablecoin Expansion in Crypto Banking Push
Banco Santander could soon join the ranks of banks embracing crypto, with plans under consideration for a proprietary stablecoin and retail digital asset services.
Banco Santander could soon join the ranks of banks embracing crypto, with plans under consideration for a proprietary stablecoin and retail digital asset services.
Nearly $57.65 million in USDC has been frozen following a court order in the LIBRA memecoin lawsuit.
Lee Jae-myung, leader of South Korea’s Democratic Party, has recommended creating a stablecoin tied to the Korean won to tackle capital outflows and reinforce national financial sovereignty.
On Monday, the Senate successfully moved forward with a major cryptocurrency regulation bill in a bipartisan effort, overcoming a recent blockade by Senate Democrats.
The Northern Mariana Islands Senate has overridden Governor Arnold Palacios’ veto of a stablecoin bill, enabling the Tinian local government to issue licenses to internet casinos and manage a “Tinian Stable Token.”
Meta is reportedly in discussions with crypto firms to explore the use of stablecoins for global payments, according to five sources.
Tether reported over $1 billion in operating profit for the first quarter of 2025, fueled by strong returns on its US Treasury investments.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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