Circle Focuses on USDC Growth, Not Privacy Coin

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia

Dogecoin enters the spotlight again as the market searches for fresh momentum and new opportunities that can outperform legacy tokens. […] The post Top 6 Crypto Coins: Why Analysts Call BullZilla the Best Crypto to Buy Right Now? appeared first on Coindoo.

The post Standard Chartered: Bitcoin Halving Cycles Are Over appeared on BitcoinEthereumNews.com. Banking giant Standard Chartered believes that Bitcoin’s four-year cycles are already over.  Historically, Bitcoin price movements have been strongly tied to “halving” events (when the block reward for mining Bitcoin is cut in half, roughly every 4 years). Typically, prices would peak about 18 months after a halving. However, Standard Chartered argues that this old logic no longer reliably predicts price cycles following the introduction of Bitcoin ETFs in the U.S.  The rationale is that ETFs make Bitcoin more accessible to mainstream investors. For this new dynamic to be proven, BTC would need to break its current all-time high of $126,000. They expect this breakout could happen in the first half of 2026.  Standard Chartered has also lowered its BTC price predictions for the following years (from $200,000 to $100,000 in 2025, from $300,000 to $200,000 in 2026, from $400,000 to $225,000 in 2027, and from $500,000 to $300,000).  You Might Also Like Bitcoin is currently changing hands at $90,397, according to CoinGecko data.  On the same page  Apart from Standard Chartered, there are quite a few analysts and market watchers who argue that the traditional Bitcoin halving cycle is no longer relevant.  In a recent research note, Bernstein analysts assert that the traditional four‑year halving cycle is effectively over due to Bitcoin ETFs dominating the scene. CryptoQuant CEO Ki Young Ju also claims that the flagship cryptocurrency no longer follows four-year cycles, citing institutional buying power.  That said, it remains to be seen whether BTC will be able to reclaim its current all-time high next year.  Source: https://u.today/standard-chartered-bitcoin-halving-cycles-are-over