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Fiserv Partners With Circle, Solana for New Stablecoin Platform Serving 10,000 Banks
Jun 25, 2025
Payment processing giant Fiserv announced Monday it will launch a blockchain-based digital asset platform centered around a U.S. dollar-pegged stablecoin called FIUSD, aiming to bring thousands of banks and millions of merchants into the cryptocurrency economy by year's end. The company's stock clos
Circle Stock Soars 750% Amid Stablecoin Regulation Optimism
Jun 25, 2025
Circle Internet Group Inc. shares closed at a record high of $263.45 Monday, extending a remarkable 750% surge since the company's June initial public offering as investors bet on the future of digital currency payments in the United States. What to Know: Circle's stock has gained 750% since its Jun
Nasdaq 100 Surges 1.5% Toward Record High as Powell Signals Potential Rate Cuts
Jun 24, 2025
Wall Street surged toward record highs Tuesday as Federal Reserve Chair Jerome Powell indicated the central bank could cut interest rates sooner than expected if economic conditions deteriorate. The S&P 500 rose 1% while the Nasdaq 100 climbed 1.5%, positioning itself for its first record close sinc
BIS Chief Compares Modern Stablecoins to 19th Century Banking Crisis
Jun 24, 2025
The Bank for International Settlements delivered its most severe warning to date about stablecoins, citing threats to monetary sovereignty and financial stability as the $260 billion market continues expanding. The organization urged countries to accelerate development of tokenized central bank curr
JPMorgan's $100 Billion Investment Platform Adds Fixed-Income Trading
Jun 24, 2025
JPMorgan Chase will introduce bond and certificate of deposit trading capabilities on its mobile banking application Friday, marking the latest effort by the nation's largest bank to capture a bigger share of the self-directed investment market. The new tools allow customers to research and purchase
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