Stablecoins are little used for payments
Less than 1% of stablecoins are used for payments, and about a fifth are not used at all, a Kansas City Fed researcher estimates. Source link
Category financ
British Business Bank Announces Tier 2 Capital Funding Increase for Oxbury
British Business Bank has strengthened its support for the agricultural sector by providing specialist lender Oxbury Bank with an additional £10 million in Tier 2 capital. This latest injection builds directly on the initial commitment of £25 million in 2022,…
$9.5 million stolen in crypto scam linked to 150 KuCoin addresses
KuCoin deposit addresses racked up seven-figure victim losses in just seven days. Source link
Lloyds Banking Group Collaborates with University of Glasgow on Agentic AI Initiative for Software Developers
Lloyds Banking Group joined forces with University of Glasgow Launching a 4-year research collaboration with a sharp focus on agency AI. The recently announced program aims to carefully explore how advanced AI tools (especially those powered by large language models,…
How is Lighter DEX targeting the RWA liquidity gap with $250k weekly incentives?
Hyperliquid had 100% more liquidity for its non-crypto assets than Lighter. Source link
Publicly Traded Fintech and Payment Companies Lost 18% of the Sector’s Market Value in the 1st Quarter: Analysis
Pitch Book‘s Emerging Technology Research The team published 2026 Q1 Fintech and Payments Public Balance Sheet and Valuation Update has been painting a pretty sobering picture of the public payments ecosystem lately. Although it added significant momentum to the new…
Lido DAO volume reaches $100 million – will LDO’s $0.33 support continue?
LDO is on the rise after surpassing Rocket Pool to become the largest ETH staking solution. Source link
JPMorgan opposes capital bids, forecasts 4% increase
The CEO and CFO of the largest US bank has called for further changes to the Basel III and G-SIB surcharge proposals, saying the latter is “still invalid”. Source link
Clarity Act Expected to Move in Senate This Month, Floor Vote in May
CLARITY ActThe new regulation, crypto market infrastructure legislation, is expected to advance this month in the U.S. Senate with a floor vote set for May. According to many reports, an agreement is being made on the stablecoin yield, which is…
Stablecoin liquidity remains idle at $319 billion as Ethereum activity slows – Why?
While stablecoin liquidity sits idle in Ethereum, Bitcoin moves in a tight range, causing capital to wait for a clearer directional signal. Source link
