Cloudflare (NYSE: NET) is planning to introduce NET Dollar, a stablecoin pegged to the U.S. dollar, to enable instant, secure transactions in the AI-driven internet, the American tech giant announced on Sep. 25. The currency will power a new business model for the internet that rewards originality, creativity, and innovation in the age of AI, the statement read. Cloudflare to launch NET Dollar Cloudflare is a leading technology company that helps its clients secure websites and networks, register domain ...

Stablecoins are cryptocurrency tokens intended to hold their value at a certain price point, usually $1, and are backed by another asset. The Genius Act, signed by President Donald Trump in July, is expected to boost the popularity of stablecoin currencies. Tether is the largest stablecoin issuer, followed by Circle Internet Group (CRCL). More payments companies are jumping on the stablecoin bandwagon, including PayPal Holdings (PYPL). Will AI Agents Take Off In E-Commerce? TRENDING: Are AI Stocks Driving A ...

Publicly traded cloud infrastructure firm Cloudflare—which powers a significant chunk of internet traffic—is launching a U.S. dollar-backed stablecoin, the NET Dollar, to help propel the future of AI-driven finance on the internet, the firm announced on Thursday.  Like other stablecoins, Cloudflare’s version will offer near-instant transactions globally. The firm also highlighted its use in rewarding creators for unique and original content, monetizing APIs, and enabling programmatic actions from AI agents ...

South Korean internet titan Naver, with 40 million monthly active users, is poised to snap up Dunamu, the operator of crypto exchange platform Upbit, in a move that could redraw the map of the country’s financial landscape. Local news reports on Thursday say Naver will incorporate Dunamu into its business group as a fully owned subsidiary through a comprehensive stock swap. Naver Financial, the company’s fintech arm, will execute the stock swap by issuing shares to acquire Dunamu in full. The stock-only ...

South Korea’s fintech and tech giant Naver is reportedly preparing to acquire Dunamu, the operator of Upbit, the fourth-largest crypto exchange by volume. The deal, expected to be executed via a stock swap, would bring Upbit under the umbrella of Naver Financial, expanding the group’s influence from internet services to crypto. Strategic Expansion into Crypto and Stablecoins Naver, often called South Korea’s Google, has built a vast ecosystem spanning search, e-commerce, digital payments, and global con ...

Nine European banks plan a MiCA-regulated euro stablecoin by 2026, aiming to rival USD tokens as ECB’s digital euro stalls. | Credit: Getty Images. Key Takeaways Nine leading European banks have formed a consortium to launch a euro-backed stablecoin. The project is designed as a counterweight to the dominance of U.S. dollar stablecoins. The stablecoin is planned for release in the second half of 2026, pending regulatory approval. Europe’s biggest financial institutions are taking the stablecoin i ...

Accessibility StatementSkip Navigation TORONTO, Sept. 25, 2025 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company closing the gap between traditional capital markets and decentralized finance, is pleased to announce a strategic investment in Canada Stablecorp Inc. ("Stablecorp") and a commercial collaboration centered on QCAD, Stablecorp's Canadian- dollar stablecoin product. DeFi Technologies joins Coinbase V ...

South Korean internet giant Naver Corporation is in talks with crypto exchange Upbit operator Dunamu over a possible share swap that could bring the country’s largest exchange under the Naver group. Naver shares rose as much as 11.4% on Thursday, per Google Finance data, after local outlet Chosun reported the companies had agreed to a comprehensive stock swap. The report described a deal that would make Dunamu a subsidiary of Naver Financial, the group’s fintech arm, giving the tech giant direct control ...

As cryptos including ether, solana and XRP slide this week, stablecoin issuer Tether is teeing up a major fundraising round, counting on investors’ continued faith in the space. Tether is seeking up to $20 billion in a new fundraising round, Bloomberg reported this week, which would push its valuation to $500 billion and make the stablecoin issuer one of the world’s most valuable private companies. CEO Paolo Ardoino later confirmed the company is in talks with investors, saying the raise would boost Tethe ...

Tether’s talks to raise $20 billion from investors — valuing the stablecoin issuer at $500 billion — redefines the scale of the industry. That’s according to Daniel Worsley, co-founder of crypto software company OneBalance, who told DL News that a successful raise would “reset expectations” for the entire stablecoin industry. “A $500 billion valuation not only dwarfs prior benchmarks but also overshadows the GDP of El Salvador — the country where Tether is headquartered,” Worsley said. The potential dea ...