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Latest Stablecoin News
News
MoneyGram has joined the Solana ecosystem as a network validator and participant in the Solana Developer Platform, expanding the payments company’s blockchain infrastructure strategy beyond stablecoins and payment services. According to a June 22 announcement from MoneyGram, it now operates…
SOL
Solana
Feature
The American Bankers Association sent 8,000 letters to fight one CLARITY Act provision. The reason: stablecoin yield threatens the bank deposit itself.
News
This article was updated with comments from Marcos Viriato, CEO and co-founder of Parfin. The Bank of England has removed proposed limits on individual stablecoin holdings and eased reserve requirements in its final policy and draft rules for systemic stablecoins.…
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JustLend DAO has expanded its lending platform by launching support for supply and borrowing of U, a TRC-20 stablecoin pegged to the U.S. dollar. According to a June 21 announcement, users can now deposit and borrow U directly on the…
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Altura will wind down its stablecoin vault after processing 8.5m USDT in redemptions as msUSD depeg fears spread across DeFi markets.
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Toss Bank signed an MOU with the Solana Foundation to test Solana-based remittances and review stablecoin use in overseas payments in Seoul.
SOL
Solana
Markets
MSUSD traded near $0.378 after losing its dollar peg, as Morpho’s msY/USDC market hit 100% utilization amid proof-of-reserve concerns.
Learn
A stablecoin is crypto that is supposed to be worth exactly one dollar, always. That sounds simple, but how a token holds a steady value, and whether it actually can, is one of the most important and misunderstood questions in…
News
The CLARITY Act has entered another round of Senate negotiations, with Senate Agriculture Committee Chairman John Boozman saying that limited understanding of the bill among lawmakers remains one of the biggest obstacles to its progress. According to a report from…
News
AllUnity launched SEKAU, a fully reserved Swedish krona stablecoin issued under MiCA, with support across Ethereum, Solana and Base.
News
U.S. regulators have proposed requiring certain payment stablecoin issuers to verify customer identities under a new rule issued as part of the GENIUS Act framework. The Federal Reserve Board said Thursday that it is seeking public comment on a joint…
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XRPL community debate says stablecoins and XRP can work together, with XRP serving as a neutral bridge asset where direct pools do not scale.
XRP
XRP
News
SBI Remit has partnered with digital asset platform Fasset to develop stablecoin-based infrastructure for cross-border payments and other financial services. According to a press release shared with crypto.news, the initiative will combine SBI Remit’s international remittance network with Fasset’s blockchain-powered…
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Fidelity Investments has launched a money market fund aimed at stablecoin issuers and institutional investors seeking to meet reserve requirements under the GENIUS Act. Fidelity said on Thursday that the new Fidelity Reserves Digital Fund will invest in cash, short-term…
News
The People’s Bank of China said stablecoins could play a larger role in cross-border payments and called for closer monitoring of their impact on the international monetary system and global payment networks. According to remarks delivered by Wang Xin, director-general…
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Tether has reduced its Bitdeer holdings by 627,000 shares after selling stock worth about $12.7 million, while retaining a 19.7% stake in the Bitcoin mining and AI infrastructure company. According to TheEnergyMag, the USDT issuer sold the shares on June…
