Category Stablecoin

Ripple XRP Officially Granted Approval To Become A U.S. National Trust Bank

DawentsIT: Ripple XRP Officially Granted Approval To Become A U.S. National Trust Bank

Ripple has officially received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish its own federally supervised national trust bank, marking a significant milestone for the cryptocurrency and digital payments industry. The approval allows…

140+ Financial Giants Including Visa, Mastercard, BlackRock, Coinbase, And American Express Launch New Open USD ($OUSD) Stablecoin

DawentsIT: 140 Financial Giants Including Visa, Mastercard, BlackRock, Coinbase, And American Express Launch New Open USD ($OUSD) Stablecoin

A coalition of more than 140 of the world’s largest financial institutions, payment companies, banks, technology firms, and crypto companies has announced the launch of Open USD (OUSD), a new U.S. dollar-backed stablecoin designed to reshape the economics of digital…