Conduit, a cross-border payments firm that uses stablecoins, has raised $36 million in a Series A round to expand its global payment rails, the company said on Wednesday. The round was led by Dragonf… [+1526 chars]

Stablecoins are one of the fastest-growing sectors in crypto and an increasingly popular tool for global payments, attracting interest from venture capital investments.

CoinDesk

Conduit Raises $36M to Expand Stablecoin-Based Cross-Border Payments Beyond SWIFT

The Dubai Land Department (DLD), a government agency for the real estate industry, has launched its first tokenized real estate platform as part of a government-backed effort that could see $16 billi… [+1924 chars]

The new platform lets investors buy fractional ownership in Dubai property, with title deeds tokenized on the XRP Ledger network.

XRP, RWA News: Dubai Land Department Unveils Real Estate Tokenization Platform

It's early days for the global dollar (USDG), a stablecoin that debuted in November, but a thousand firms could join the group that helps popularize the token in return for a share of the yield earne… [+3477 chars]

Banks and large TradFi firms are preparing to join the Global Dollar network alongside firms like Robinhood, Galaxy and Anchorage, founding member Kraken said.

Global Dollar USDG Eyes Hundreds of Partners Attracted by Yield, Sees 'Big Names' From TradFi

"Don't be surprised if buying activity picks up across the spectrum of products tied to BTC," CoinDesk said in Tuesday's edition of the Crypto Daybook Americas, presenting a bullish case for bitcoin.… [+1475 chars]

Highest OI now sits at the $110K, $120K, and $300K June 27 strikes — showing bullish conviction

Bitcoin Options Open Interest Hit Record $42.5B on Deribit as Traders Eye Next Bull Target for BTC

The race to define the future of money is speeding upand according to industry leaders, stablecoins are right at the center.
It's clear that the most important item on our roadmap is understanding h… [+7073 chars]

At Paxos' NYC event, speakers across four panels agreed that stablecoins are reshaping global finance — with regulation and infrastructure fast catching up.

Stablecoins Are About to Hit ‘Critical Mass’ While 2027 Seen as Pivotal Year

Société Générales crypto arm, SG Forge, is reportedly preparing to launch a dollar-backed stablecoin on Ethereum, making it the first global banking group to issue a public stablecoin tied to the U.S… [+1672 chars]

The stablecoin, initially for institutional investors, follows the launch of SG Forge’s euro stablecoin, EURCV.

SocGen’s Crypto Arm to Launch Dollar Denominated Stablecoin on Ethereum, Reports Say

There is a popular saying, that goes, "If you want to understand America, watch a pro wrestling match." Though it may be glib and a little over simplified, it appears to 'ring' true, as the U.S. fina… [+6948 chars]

Bond markets are challenging the illusion of U.S. fiscal stability and safe have status. BTC and gold stand to gain.

Bitcoin and Gold in Sweet Spot as Bond Market 'Smackdown' Exposes the U.S. Fiscal Kayfabe: Godbole

Crypto infrastructure provider StraitsX debuted its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger (XRPL) to cater to growing demand for regulated multi-chain stablecoins supporting real… [+2796 chars]

StraitsX has launched its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger to meet the rising demand for regulated multi-chain stablecoins in cross-border payments.