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Range, a Zug, Switzerland-based financial infrastructure company, closed an oversubscribed $8.3 million Series A on June 18, 2026, bringing its total funding to $11 million and positioning itself as a control layer for companies running stablecoin and fiat operations side by side. A Mixed Investor Base Signals Convergence The round drew traditional fintech capital alongside … Read more
The U.S. Federal Reserve and four partner agencies moved Thursday to impose bank-grade customer identification requirements on payment stablecoin issuers, while a top Fed governor warned the broader legislative framework may not go far enough to stop financial crime. What the Fed Is Proposing The Fed’s Board of Governors published a proposal June 18, 2026, … Read more
The IMF reports that Nigeria captured 60% of all stablecoin traffic in sub-Saharan Africa as users seek alternatives to traditional banking. IMF: Stablecoins Transform From Niche Market to Major Payment Route Nigerians are increasingly turning to U.S. dollar-pegged stablecoins to move money across borders as small businesses and households search for cheaper and faster alternatives … Read more
Trace Finance, a regulated cross-border payments company, closed a $32 million Series A to extend its stablecoin settlement infrastructure beyond Latin America and into global markets. Coinfund Leads the Round According to the release shared with Bitcoin.com News, Coinfund led the raise. Coinbase Ventures, Haun Ventures, Jump Capital, Valor Capital, Paxos, and HOF Capital joined … Read more
In his liquid portfolio, Ricardo Salinas does not hold stocks. He does not hold bonds. The founder and president of Grupo Salinas told Coindesk’s Jennifer Sanasie and Ollie Acuna that his liquid investment portfolio is now 80% bitcoin after he bought aggressively during the recent price dip. “As soon as I get my hands on … Read more
The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting blockchain payments with traditional banking systems. Go to Source
Users reported losing access to Ready’s USDC card outside the EEA after a card provider change triggered rapid deactivation notices. Go to Source
Ripple invested in Flutterwave to bring RLUSD into African business payments through a major cross-border network. The deal connects Ripple’s dollar-backed stablecoin with Flutterwave’s $3.2 billion payments platform, targeting faster settlement, remittances, and commercial payment flows. Ripple Brings Its Dollar Stablecoin Into Flutterwave’s Payment Network Ripple is betting that stablecoins can become a bigger part … Read more
Gate added RLUSD trading pairs with XRP, BTC, ETH, and USDT, extending exchange access for Ripple’s dollar-backed stablecoin. Ripple said the XRP/RLUSD market unlocks interoperability and capital efficiency for digital asset markets worldwide. RLUSD Markets Open With XRP, BTC, ETH, and USDT Pairs Gate listed RLUSD on June 15, opening BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/ … Read more
The launch comes amid growing competition among financial institutions to manage assets backing dollar-pegged stablecoins. Go to Source