Visa, Mastercard, tech firms and banking institutions are all exploring ways of using blockchain technology for payments and settlement. Payment company Visa expanded stablecoin offerings on its settlement platform by adding support for Global Dollar (USDG), PayPal USD (PYUSD), Euro Coin (EURC) and two new blockchain networks, Stellar and Avalanche. The integration allows users to send and receive stablecoin payments through the supported blockchain networks or convert their balances to traditional fiat currency, Visa said in a press release on Thursday. Visa already offered support to Circle’s USD Coin (USDC) stablecoin, while supported networks for transfer and settlement include Ethereum, Solana and the newly added chains. Read more
England gained the upper hand after a rain-hit first day of the final India vs England Test at The Oval on Thursday as the tourists, needing victory to square the series, battled to 204-6, with all their big guns dismissed cheaply. England had to work hard for their breakthroughs and will be delighted to have […]
In the first six months of 2025, Tether has had a profit of $5.7 billion, a rise of 9.6% compared to the same period in 2024. Tether disclosed another strong quarter as stablecoins continue to gain traction amid growing regulatory clarity in the United States. The company said it posted $4.9 billion in profit for the second quarter of 2025, a 277% increase compared with the same period a year ago. Tether is the creator of USDt (USDT), a stablecoin pegged to the US dollar and backed by US Treasurys and cash equivalents. According to DefiLlama, USDt continues to dominate the stablecoin market, accounting for 61.7% of all stablecoin value, with a market capitalization of $164.5 billion at this writing. According to Tether, it had $162.6 billion in assets and $157.1 billion in liabilities as of June 30, with most of the liabilities relating to token issuance. Read more
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has launched the “ILMpact” Programme aimed at enrolling out-of-school children and improving education quality. ILMpact was launched in collaboration with the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO). The programme is being implemented through the British Council and was officially launched by Chief Minister Ali Amin Khan Gandapur […]