Wyoming seeks developers for state-backed stablecoin
The State of Wyoming is hiring blockchain developers to support the creation of its government-issued stablecoin currency. The Wyoming Stable Token Commission has issued public Requests for Qualification to attract talent for its stablecoin initiative, known as “Project WYST.” Stablecoins are digital currencies that trade with 1:1 dollar parity, allowing users to deploy U.S. dollars […]
USDC stablecoin issuer Circle cuts 6% staff amid push for AI: report
Circle has reduced its workforce by less than 6%, saying the layoffs are part of a routine review of investments and expenses as the company continues its global expansion. Stablecoin issuer Circle has reduced its workforce by less than 6%, citing a strategic review of investments and expenses, Bloomberg has learned. The layoffs are said […]
Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss
United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell into killing the project, the former Meta executive said. Source link
Van Eck heir to launch new USD stablecoin with $12M VC backing
The son of VanEck boss Jan van Eck has teamed up with former Galaxy Digital and Frax Finance executives to build the U.S. dollar stablecoin Agora digital dollar. Source link
Stablecoin delistings in Europe spell change for crypto exchanges, issuers
Some on the continent see the opportunity for a new generation of European stablecoin providers. Source link
