Ripple is piloting its US dollar-backed stablecoin, RLUSD, on several Ethereum layer 2s using Wormhole, with a full rollout ...

Global Research has released a new report predicting that the U.S. banking industry is entering a multi-year, structural ...

PayPal has applied to form a bank offering business loans and savings accounts. The digital payments company, which owns Venmo, said Monday it had filed applications with the Utah Department of ...

Payments firm PayPal said on Monday it has applied to establish a bank in the United States, as companies rush to capitalize ...

PayPal Holdings ( PYPL) submitted applications to the Federal Deposit Insurance Corp. and Utah's Department of Financial ...

Ripple plans RLUSD expansion to Ethereum layer-2s as XRP extends into multichain DeFi through wrapped liquidity and ...

Nonetheless, tension between the old and new is growing, and the threat from crypto is bigger than many bankers once believed. Even though lenders stand to benefit from deregulation, their once ...

Circle, Ripple, and Kraken's pursuit of banking charters marks a turning point in crypto’s integration with the US financial ...

To support the growth of its RLUSD stablecoin, Ripple said the token is expanding next year to layer-2 networks on Ethereum.

In particular, Circle says, its First National Digital Currency Bank will complement regulatory oversight of the company’s USDC Reserve. USDC, Circle’s stablecoin, was launched in September 2018 and ...

The SEC issued a no-action letter allowing firms to launch tokenized stock products without immediate enforcement risk. The ...

Digital asset infrastructure firms Ripple and Circle have received conditional approval for its application to establish a national trust bank in the United States.