TLDR Japanese startup JPYC launched the world’s first yen-pegged stablecoin on October 27, 2025, fully backed by domestic savings and Japanese government bonds Japan’s three largest banks will launch their own joint yen stablecoin system on October 31 through MUFG’s Progmat platform for corporate settlements The stablecoin will initially charge no transaction fees and will [.] The post Japan Launches World’s First Yen-Backed Stablecoin JPYC appeared first on CoinCentral.
Herald Fund SPC sued HSBC’s Luxembourg unit in 2009, claiming restitution of securities and cash it said were lost in the fraud.
Western Union CEO said there are “significant opportunities” to utilize stablecoins for sending and receiving money across borders. Financial services company Western Union is set to pilot a stablecoin-based settlement system to modernize its remittance operations for its more than its 150 million customers. During Western Union’s third-quarter earnings call on Thursday, CEO Devin McGranahan said the pilot is “focused on leveraging onchain settlement rails to reduce dependency on legacy correspondent banking systems, shorten settlement windows, and improve capital efficiency.”Western Union processes around 70 million transfers each quarter. Blockchain technology could offer significant advantages over traditional remittance rails and could benefit its customers located in more than 200 countries. Read more.
Better Speech, the largest online speech therapy provider and developer of Streamline, the leading mission command software for Special Education in the United States, today announced that Streamline was named a winner in the 2025 CODiE Awards for Best Administrative Solution for Special.
Novartis is said to near acquisition of Avidity Biosciences for more than $70 a share
Major League Baseball Commissioner Rob Manfred is increasingly confident big league players will participate in the 2028 Los Angeles Olympics. MLB did not allow players on 40-man rosters at the 2021 Tokyo Olympics. MLB has discussed creating an extended All-Star break to allow participation in the 2028 Games. An agreement with the players’ association is necessary, and sponsor deals could be impacted. Manfred says logistical issues still need to be worked on. Participation in 2028 is likely to be a one-off, as the 2032 Olympics are scheduled for Brisbane, Australia.
We look at the way China’s automakers went from being bit players at home to dominating the world’s biggest auto market.
{beacon} Energy & Environment Energy & Environment The Big Story Wright pushes FERC to expedite data centers The Trump administration issued a proposal late Thursday would aim to help artificial intelligence (AI) data centers get connected to the electric grid more quickly. © AP Energy Secretary Chris Wright sent the proposal to the Federal…
The iPhone 18 family is scheduled to arrive in Q4 2026, but Apple is already racing to secure the components that will be found in its next flagship series, starting with the DRAM. According to the latest report, the California-based giant has requested Samsung in advance to supply it with a whopping 13 million 10nm LPDDR5X 1b DRAM chips for the second quarter of next year. In short, the company wishes to have a head start against the competition, and this is the only way to obtain an edge. The new report also states that the entire iPhone 18 will [.].
The Minnesota Vikings lost their seat atop the AFC West after getting pillaged by the Los Angeles Chargers, 37-10, at SoFi Stadium on Thursday. The Vikings dropped back-to-back assignments for the first time this season after also losing to the Philadelphia Eagles in Week 7. They fell to 3-4. Minnesota’s woes were compounded after left [.] The post Vikings’ Kevin O’Connell explains curious Christian Darrisaw injury saga appeared first on ClutchPoints.