Modern Treasury, a payments infrastructure company valued at $2.1 billion, has acquired the stablecoin startup Beam, the companies announced Wednesday. The acquisition was an all-stock transaction...
The statue of former Treasury Secretary Albert Gallatin stands in front of the north wing of the U.S. Treasury Department headquarters building on April 24, 2025,...
For months, experts have warned that student loan borrowers who are behind on their payments may trigger a “default cliff.” Recent reports show that cliff is...
Hype about stablecoins is everywhere, from Wall Street to Silicon Valley to the halls of Congress. But even as interest around the dollar-backed cryptocurrencies grows, companies...
Most people don’t think about how money moves across borders. You tap your card on vacation or wire a supplier overseas and assume it works the...
Last October, the payments giant Stripe announced a blockbuster $1.1 billion acquisition of Bridge, a little-known startup focused on the dollar-backed cryptocurrencies known as stablecoins. Long...