Quantcast
CRYPTO NEWS AROUND THE GLOBE
World Liberty Financial: we know the launch date of the crypto project carried by Donald Trump and his sons
The ECB Opens The Credit Floodgates A Little More
L’adoption is going faster than expected – Almost 1 in 5 French (18%) owns cryptos
Consumer protection watchdog warns about Tether's reserves
World Liberty, Crypto Project Helmed by Donald Trump's Family, Will Release on Sept. 16
18 % des Français détiennent des cryptomonnaies et 30 % en ont déjà possédé, selon une étude de Gemini
Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
PayPal & Venmo integrate ENS to simplify crypto payments
Friend.tech creators walk off with $44m as project shuts down
Ethereum stablecoin volume hits record $1.46 trillion as DeFi demand surges
Binance announces appointment of Grant Thornton for global accounting services
Discovery ruling favours Coinbase in SEC battle as shares slide to 7-month low
This French billionaire makes 120 million in 2024, he unveils his alt portfolio and memecoins
Global crypto investment products record largest weekly outflows since March, totaling $726 million: CoinShares
Graph Foundation Director: BTC Rally Fails to Rekindle Investor Interest in Crypto Startups – Interview Bitcoin News
Telegram : Pavel Durov is officially expressing himself for the first time since his custody
BlackRock’s tokenisation push kicked off an $8.9bn frenzy that experts say is accelerating
Ripple USD Stablecoin Could Be Issued in 'Weeks, Not Months': Garlinghouse
Mastercard enables non-custodial crypto spending in new partnership
Wife of ex-federal agent imprisoned in Nigeria: 'he is now reaching the point of no return'
Nvidia Loses $270 Billion In One Day: A Record Drop Shakes The Global Tech Market.
Telegram would own several hundred million dollars in cryptocurrencies
Bitcoin Posts Negligible Bounce, but Extreme Fear Suggests Larger Rebound in Store
WazirX Hacker Starts to Move Stolen Ether Using Tornado Cash
Elon Musk’s xAI Colossus goes online — and it really is colossal
Bitfarms mines 233 BTC in August as Riot pens open letter in takeover saga
Surfin' Bitcoin 2024 : Everything you missed at the biggest Bitcoin conference in France
Russia Is About to Try Using Crypto to Get Around Sanctions
Bitcoin as legal tender? Mixed results for Nayib Bukele, the president of El Salvador
France’s Telegram blunder means Europe will hunt for Satoshi next
All Crypto News Around The Globe

BBVA expands crypto services to include USD Coin

Web3/Crypto
Webp vila
BBVA Chiar Carlos Torres Vila | BBVA website

BBVA announced it is expanding its cryptocurrency custody and trading services to include USD Coin (USDC). This addition will benefit the bank’s institutional and individual account holders in Switzerland.

According to an announcement on BBVA's website, the expansion will allow its banking clients to transfer value more efficiently with blockchain and secure their stablecoins into BBVA’s vault. Additionally, BBVA’s Swiss institutional and private banking clients, as well as holders of NewGen accounts, can now manage their USDC funds and traditional investments on the same platform. These customers can exchange, custody, or automatically convert USDC in near real-time into euros, dollars, or any other currency.

According to the press release, USDC—backed by liquid cash and cash-equivalent assets—is a stablecoin with price parity to the U.S. dollar. Powered by blockchain technology, the stablecoin has less volatility compared to other crypto-assets. USDC is redeemable at 1:1 for U.S. dollars.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

This is the third cryptocurrency that BBVA has added to its digital asset service in Switzerland. "We want to offer our private clients simple access to the tokenized products they are most interested in and cannot access through traditional financial institutions. Meanwhile, our institutional clients need us to provide options to guarantee the assets they manage," Philippe Meyer, Head of Digital Solutions and Blockchain at BBVA in Switzerland, said in the press release. "We will analyze all the crypto assets they are investing in to continue building our offering with further innovative solutions," Meyer said.

More News

BBVA expands crypto services to include USD Coin

BBVA announced it is expanding its cryptocurrency custody and trading services to include USD Coin (USDC). This addition will benefit the bank’s institutional and individual account holders in Switzerland.

Sep 16, 2024

Alpha Architect announces insights on private investment volatility

Alpha Architect announced Larry Swedroe's insights on the impact of spreading volatility in private investments. The research shows that private equity's infrequent valuations can smooth returns, leading to underestimated risks and over-allocation.

Sep 14, 2024

European Crypto Initiative Team said: MiCA is 'critical... to regulate the rapidly evolving crypto-asset market with the EU.'

The European Crypto Initiative (EUCI), a blockchain advocacy group, said that the MiCA Regulation aims to create a harmonized regulatory framework for crypto-assets. EUCI shared their statement on a September 6th post on X.

Sep 13, 2024

The European Crypto Initiative Team: 'Big changes are coming to the crypto world in the EU, and it all starts with #MiCA'

The European Crypto Initiative (EUCI), a European blockchain advocacy group, stated that the Markets in Crypto-Assets (MiCA) regulations are poised to bring significant changes to the crypto world within the European Union. EUCI shared their statement on September 4 via a post on X.

Sep 6, 2024

Dimitrios Psarrakis, former EU Economist, on U.S. crypto regulations: ‘I see the footprint of MiCA in every suggestion.’

Dimitrios Psarrakis, a former EU economist, stated that U.S. lawmakers are attempting to align with the EU's crypto regulations as established by the Markets in Crypto-Assets legislation. Psarrakis shared his statement in an August 26 video posted by the European Crypto Initiative on X.

Sep 5, 2024

Kaiko, Research Team of Kaiko Smart Data, said FDUSD’s market share ‘increase is notable’

Kaiko, a Paris-based crypto market data provider, reported that the stablecoin FDUSD saw a "notable" increase in its market share on Binance, the largest crypto exchange in the world by trading volume, at the end of July. Kaiko shared this statement in an August 19 post on its website.

Sep 2, 2024

Crypto Comments
Loading...

No comments available.

Trending
1

Alpha Architect announces insights on private investment volatility

2

European Crypto Initiative Team said: MiCA is 'critical... to regulate the rapidly evolving crypto-asset market with the EU.'