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Visa's stablecoin-linked card programs exceed 225, a year-over-year increase of over 70%; transaction volume has grown by over 150%, and the platform has launched in six countries including the US and Mexico, with over 300 potential partners.
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Ripple CEO Brad Garlinghouse announced a series of significant developments at the company's flagship Swell conference,
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Coinbase denied that its systems were breached, stating that the incident was a contact data leak from third-party analytics company Amplitude. The exchange said customer funds were unaffected and that it is currently notifying affected users and regulators.
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UAE bank Mashreq injects $125m into Hong Kong business as China ties deepen.
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Bloomberg reported that China's central and local governments may issue at least 2.2 trillion yuan (approximately $330 billion) in net bonds in the last two months of the year, intensifying efforts to support economic growth. This amount would be the second highest on record for the same period.
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