Bernardo Bilotta, CEO of Stables, highlights that Asia accounts for 50% of global stablecoin flows, primarily driven by migrant workers seeking dollar stability via USDT. Despite this demand, Asian banks remain cautious due to regulatory uncertainty and the risk of losing correspondent banking relationships with Western banks. Bilotta sees local stablecoins emerging as last-mile settlement tools, supported by partnerships like Stables and eStable, which integrate local currency issuance with USDT backing. The future growth of stablecoins in Asia depends on balancing regulatory compliance with evolving market needs.
Perplexity AI CEO Aravind Srinivas shared lessons from Nvidia's Jensen Huang and Tesla's Elon Musk, highlighting Huang's mindset of running Nvidia as if it could fail within 30 days despite its $5 trillion valuation and advanced technology. Srinivas ...
Meta Platforms introduced an AI-powered feature called "AI Mode" within Facebook Search, which uses Meta's AI model Muse Spark to provide answers from public content rather than traditional search results. This innovation could generate over $10 bill...
Cuprina Holdings shares surged 111.84% intraday following FDA 510(k) clearance for its MEDIFLY Maggots wound care product, the first maggot debridement therapy using Lucilia cuprina species approved in the U.S. The product treats non-healing necrotic...
Cortea secured €12 million in funding led by Dawn Capital to develop AI-powered Audit Quality Agents that review audit reports and financial statements, identifying errors and inconsistencies before sign-off. These tools help audit firms improve qual...
Cortea secured €12 million in seed funding led by Dawn Capital to develop AI tools that enhance audit quality without compromising accuracy. Their Audit Quality Agents review audit reports and financial statements to detect inconsistencies and errors...
