Stablecoin News
Latest Stablecoin News
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Morgan Stanley slashed its Circle price target from $106 to $38, citing tokenized money market funds, shrinking USDC supply, and a lower-margin revenue future that raises a harder question: whether any single stablecoin issuer can defend its economics. Introduction Circle…
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Lawson has expanded its stablecoin payment pilot to include USDC, USDT and JPYC through a second point-of-sale test at two Tokyo stores, while continuing to evaluate the technology for future retail use. According to an announcement from Lawson, the convenience…
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Mastercard has completed its acquisition of stablecoin infrastructure provider BVNK, bringing on-chain payment technology into its global network. Mastercard closes deal for BVNK Mastercard confirmed on Aug. 3 that it had completed the acquisition of BVNK, expanding its infrastructure for…
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Standard Chartered-backed Anchorpoint Financial has pushed the public rollout of its Hong Kong dollar stablecoin HKDAP into August after the project missed its previously expected second-quarter and end-of-July timelines. According to the local media outlet the Hong Kong Economic Journal,…
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PayPal reported $486.4 billion in Q2 payment volume, created a dedicated crypto division and placed stablecoins among its growth priorities.
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South Korean exchanges recorded 560.3 billion won in stablecoin net outflows in June, extending the overseas transfer streak to 18 months.
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Stablecoin remittances cost up to 9% in a Bank of Italy test, with fiat on- and off-ramps driving most fees across 10 corridors.
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Samsung SDS has identified stablecoin infrastructure as the first major collaboration area under its investment in Dunamu, outlining plans to combine blockchain, AI and cloud technologies as part of its digital asset strategy. According to Samsung SDS during its second-quarter…
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South Korea policy report urges interim stablecoin licensing and phased rules before lawmakers finish the Digital Asset Basic Act.
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The UK Financial Conduct Authority has identified cross-border payments as the strongest practical application for stablecoins after gathering feedback from banks, payment companies and crypto firms during its Stablecoin Sprint. According to the UK Financial Conduct Authority, participants in its…
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Visa will remain multi-coin and multi-chain as it expands OpenUSD, tokenized deposits and AI commerce after $11.6 billion Q3 revenue.
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South Korea’s FSC plans a consolidated stablecoin and crypto bill, while opposition lawmakers seek to repeal the 22% tax due in 2027.
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JPMorgan Chase, Bank of America, Citigroup and Wells Fargo are developing a shared tokenized deposit network that could bring round-the-clock blockchain payments to the regulated US banking system. Four US banks move tokenized deposits onto one network The Clearing House,…
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IMF has called for closer oversight of Brazil’s stablecoin market as cross-border crypto flows outpace traditional capital movements. According to the International Monetary Fund’s (IMF) latest Financial System Stability Assessment, Brazil’s crypto asset market has expanded rapidly since 2017, with…
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Argentina’s banking-backed groups have moved closer to launching peso stablecoins for businesses, introducing digital peso projects designed for programmable payments while the country’s banking sector remains barred from offering crypto services directly. According to a report by Iproup, two financial…
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Stablecoin supply fell $7.7 billion in June, but adjusted transfers reached a record $1.79 trillion as USDC led settlement activity.