Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.
Related Posts
SEC Receives Filing For XRP Option ETF From $12-B Amplify
Based on an SEC filing, Amplify — an asset manager overseeing $12.6 billion — has submitted paperwork for an XRP Option Income ETF that it plans to list on the Cboe BZX Exchange and start trading in November. Related Reading: Crypto Cast As The Villain, But Banks Quietly Move Billions In Suspect Funds Rather than […]
Solana Price Below $65 For The First Time Since 2023: Crucial Levels To Watch
The Solana price unsurprisingly crumbled under the weight of the bears, as the general cryptocurrency market saw a wave of downward pressure over the past week. The altcoin crashed towards the $60 mark on Friday, June 5th, its lowest price level since late 2023. Given the strength of this recent bearish move, market expectations are […]
Ethereum Foundation nearly reaches 70,000 staked ETH goal
The non-profit foundation has staked 69,500 ETH, nearly reaching the goal it unveiled at the end of February, less than two months ago.