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Blockchains Were Meant to Replace SWIFT, But Now the Organization Is Building its Own
Yahoo Finance· 2025-09-29 14:40
SWIFT's blockchain proposal might not make Ripple or Stellar redundant, but it could throw cold water on their plans for global adoption. | Credit: Pexels. Key Takeaways Payment-focused blockchains are often pitched as a better alternative to the SWIFT-based system. However, SWIFT itself is increasingly committed to blockchain solutions. SWIFT’s latest project will prototype an open ledger that supports whatever tokenized assets banks require. For years, blockchains like Stellar and Ripple’s XRP L ...
Citi projects $1.9 trillion stablecoin boom by 2030
Yahoo Finance· 2025-09-25 15:22
The market for stablecoins could balloon in the next five years, according to a new report from Citi. "Stablecoins are a catalyst for blockchain’s ChatGPT moment in institutional adoption," wrote Ronit Ghose, global head of future of finance at Citi Institute, and Ryan Rugg, global head of digital assets at Citi Services. Citi now forecasts stablecoin issuance could reach $1.9 trillion by 2030 in its base case, up from a previous estimate of $1.6 trillion. In a bull case, issuance could soar to $4 trilli ...
Launch Of Euro-Backed Stablecoin In H2 2026? Nine European Banking Giants Join Forces
Yahoo Finance· 2025-09-25 13:32
Nine of Europe’s biggest banks—including ING, UniCredit, Danske Bank, SEB, KBC, DekaBank, Banca Sella, and Raiffeisen Bank International—have decided to collaborate on a euro-backed stablecoin. Under the European Union’s (EU) Markets in Crypto-Assets Regulation (MiCA) framework, the collaborating banks will roll out the stablecoin in the second half of 2026. Will this be a game-changer for European crypto payments? Will the euro-backed stablecoin reduce Europe’s reliance on US dollar-denominated stablecoin ...
Move Over Opendoor Stock. This Housing Company Is About to Be the Next Big Thing.
Yahoo Finance· 2025-09-23 15:04
Hedge fund manager Eric Jackson has shifted his attention from Opendoor (OPEN) to Better Home & Finance Holding (BETR), calling it "the Shopify of mortgages" and predicting massive upside potential. Jackson's endorsement on X (formerly Twitter) sent Better Home shares soaring 47% on Monday, with BETR stock briefly more than doubling before settling around $50. The founder of EMJ Capital believes Better Home is revolutionizing the $15 trillion mortgage industry by leveraging artificial intelligence (AI) an ...
Crypto venture firm Archetype raises $100 million for third fund to tap into ‘post-AOL, pre-Uber’ vibe
Yahoo Finance· 2025-09-23 12:00
The last time Archetype raised a venture fund, Sam Bankman-Fried stood atop the crypto industry amid a boom time that quickly evaporated. Now, just over three years later and amid a roaring bull market, the New York-based firm is back with a new fund: a $100 million vehicle that will once again focus on backing early-stage seed rounds of blockchain companies. In an interview with Fortune, Archetype founder and general partner Ash Egan argued that blockchain technology is on the verge of its mainstream b ...
Fast-growing crypto and stablecoin startup Zerohash raises $104 million
Yahoo Finance· 2025-09-23 11:45
A recent flood of institutional demand for blockchain technology has helped to mint a new unicorn. Zerohash, a crypto and stablecoin infrastructure company headquartered in Chicago, announced Tuesday that it had raised $104 million at a $1 billion valuation. Interactive Brokers, a publicly traded brokerage, led the round. In a crowded field of infrastructure companies, Zerohash has carved out a name for itself by helping financial institutions and fintechs build out their own products for stablecoins, c ...
JPMorgan CEO Dimon Sees Inflation Blocking Fed Cuts, Says Stablecoins Pose No Bank Threat
Yahoo Finance· 2025-09-23 10:03
JPMorgan CEO Jamie Dimon warned that persistent inflation may prevent further Federal Reserve (Fed) rate cuts, contradicting market expectations for aggressive monetary easing through 2025. Speaking at the JP Morgan India Investor Conference, Dimon expressed skepticism about the Fed’s ability to cut rates significantly while inflation remains “stuck at 3%” rather than the central bank’s 2% target. Source: YouTube Multiple Economic Pressures Keep Inflation Elevated Dimon’s comments came as Federal Res ...
Cavitation Technologies, Inc. Announces Appointment of Anton Glotser as VP of Blockchain Infrastructure Technology at XYRA Corp.
Globenewswire· 2025-09-23 10:00
CHATSWORTH, Calif., Sept. 23, 2025 (GLOBE NEWSWIRE) -- Cavitation Technologies, Inc. ("CTi" or the "Company") (OTCQB: CVAT), a leading provider of advanced fluid processing and water treatment technologies, today announced the appointment of Anton Glotser as VP of Blockchain Infrastructure Technology at its subsidiary, XYRA Corp. This strategic appointment strengthens XYRA Corp.'s leadership team as the company advances its mission to identify and capitalize on unique opportunities in the crypto technologie ...
Latin America’s Largest Digital Bank Nubank Eyes Dollar-Pegged Stablecoins
Yahoo Finance· 2025-09-19 07:03
Nubank, the biggest digital bank in Latin America, is preparing to integrate dollar-pegged stablecoins into its payment ecosystem, starting with credit card transactions. Key Takeaways: Nubank plans to pilot dollar-pegged stablecoin payments through its credit cards. Campos Neto says crypto is gradually shifting from a store of value to a payment tool. Stablecoin adoption is accelerating across Latin America amid high inflation and currency instability. Speaking at the Meridian 2025 event on Wedne ...
Gemini’s Cameron Winklevoss says tokenisation will jailbreak equities — ‘groundbreaking’
Yahoo Finance· 2025-09-18 15:10
Gemini co-founder Cameron Winklevoss is gushing over Paul Atkins. On Wednesday, Winklevoss called the new US Securities and Exchange Commission chair’s deregulatory blitz a “seminal” moment for US equities markets. The blitz has been referred to as Project Crypto. “This Commission is taking markets onchain. That’s the TLDR of Project Crypto,” Winklevoss said. “It’s probably one of the most groundbreaking things I’ve read in a very, very long time.” Crypto advocate The praise highlights the dramatic s ...