Anchorage Digital, a federally chartered crypto bank and custodian, has announced a major next step. They’ve entered into a definitive agreement to buy Mountain Protocol, a stablecoin issuer. This acquisition is an indication of Anchorage’s strategic direction to continue extending their support for institutional stablecoin adoption. The agreement comes at...
The news is out: Anchorage Digital is scooping up Mountain Protocol. On its face, this decision seems like a brilliant play. It deepens a fragmented stablecoin market and accelerates institutional acceptance, all while making sure it’s aligned with regulators. Anchorage’s vision of a safer, more secure digital future also paints...
Anchorage Digital’s move to purchase Mountain Protocol is notable beyond being the largest M&A headline in the crypto industry so far. This action indicates a broader change in the way that institutions will treat stablecoins. Put aside the meme coins and DeFi plays. Our conversation today is all about serious...
You believe your funds are secure enough held in USDC, don’t you? Something like a stablecoin, pegged to the dollar, backed by… I don’t know. But what if I told you the safety illusion isn’t real? We’ve all been seduced into complacency, reassured by the comforting promises of security. But...
Memecoins, a fixture in the cryptoasset ecosystem since 2017, continue to shape conversations around crypto adoption, even while attracting controversy. These highly speculative investments, like the example of Dogecoin driven in part by Elon Musk’s celebrity influence, come with immense capitalistic potential paired with vast danger. Recent prevalence of scams...
This time, the firm is riding on a stablecoin specifically designed for… payouts? You’d think after the spectacular flameout of Diem, aka Libra, they’d turn in another direction. Instead, they appear more focused on the status quo of cat videos and targeted ads. No, they're doubling down. It’s enough to...
Visa’s strategic investment in BVNK signals arrival of a ground-breaking new business model to the global payments landscape. Even with the stock market volatility, this move is bigger than usual for a venture capital deal. It signals that stablecoins are primed to disrupt established financial systems and become a ubiquitous...
Visa's recent investment in BVNK, a stablecoin infrastructure provider, isn't just another tech headline. It's a potential seismic shift. Forget incremental improvements—we’re talking about a fundamental rethinking of how money moves, who gets to control it. Get ready for a world where your bank account is no longer the barrier...
Last but not least BVNK, a crypto startup specialized in stablecoin payments, has announced investment from Visa Ventures. The investment will be used to help BVNK scale its infrastructure that will enable businesses to use stablecoins. BVNK’s mission is to break the grip of the old correspondent banking system and...
A separate, bipartisan bill has been introduced to establish a legal framework for stablecoins. Today it finds itself under the same existential threat due to concerns over a $2 billion investment reserve for a Trump-branded stablecoin. A Dubai-based company has gotten a related $1 billion investment. Now, lawmakers are examining...
