Renew will lead the digital asset payments firm, with co-founder Oliver Tonkin moving into a newly created president role.
Crypto payments firm BCB Group appoints Tim Renew as CEO in leadership reshuffle
Renew will lead the digital asset payments firm, with co-founder Oliver Tonkin moving into a newly created president role.
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The U.S. dollar-pegged token is expected to become available in the first half of 2026.
The deal facilitates stablecoin payments across LianLian’s network of merchants in over 100 countries.
Soft demand, low volume and concerns over token distribution weighed on early market sentiment.
The leading stablecoin issuer is comfortable holding its T-bills at a U.S. institution because it respects international sanctions, CEO Ardoino said in an interview.