Nu, Latin America’s Largest Digital Bank, Launches U.S. Operations with Multi-Currency Nu Global Account Nu, the leading digital bank in Latin America, has officially entered the United States market in a strategic expansion move. The launch introduces Nu Global, a multi-currency digital account designed for cross-border users that supports USDC and EURC stablecoins alongside traditional ...
Circle’s Chelsea Shirt Deal Exposes a 14-Month Regulatory Gap in UK Stablecoin Oversight On August 31, 2026, roughly 40,000 spectators inside Stamford Bridge watched Chelsea players take the pitch wearing shirts emblazoned with “$USDC by CIRCLE.” Millions more viewed the broadcast across 189 countries. The moment marked the first regulated cryptocurrency company to secure a ...
Corn Shuts Bitcoin Layer-2, Launches Private Members Club for Digital Asset Holders Corn has launched a private members club for digital asset holders after retiring its Bitcoin layer-2 network, a move backed by a third investment from Polychain Capital that brings the company’s total funding to $19 million. Bitcoin Layer-2 Closure Precedes New Direction The ...
Circle Agrees to Acquire Tazapay for $400 Million in All-Stock Deal Circle has agreed to acquire Singapore-based payments company Tazapay for $400 million in an all-stock transaction, according to a September 8 announcement and accompanying U.S. regulatory filing. The acquisition is expected to close in 2027, subject to customary conditions and regulatory approvals, including clearance ...
A new study from the Federal Reserve Bank of New York reveals that dollar-pegged stablecoins flow more aggressively into digital wallets linked to countries undergoing currency or banking crises, highlighting a growing challenge for central banks attempting to manage capital flight. Crisis-Linked Wallets Show Higher Stablecoin Receipts Researchers Pablo Azar, Maryam Farboodi, and Nish Sinha ...