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Stablecoin News

Latest Stablecoin News

Morgan Stanley downgrades Circle as USDC faces stablecoin competition
Feature
Read more - Morgan Stanley downgrades Circle: is USDC losing the stablecoin war?

Morgan Stanley downgrades Circle: is USDC losing the stablecoin war?

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…
Japanese retailer Lawson adds USDC, USDT and JPYC to stablecoin payment trial - 4
News
Read more - Japanese retailer Lawson adds USDC, USDT and JPYC to stablecoin payment trial

Japanese retailer Lawson adds USDC, USDT and JPYC to stablecoin payment trial

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…
Mastercard completes BVNK acquisition in stablecoin push - 5
News
Read more - Mastercard completes BVNK acquisition in stablecoin push

Mastercard completes BVNK acquisition in stablecoin push

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…
Standard Chartered-backed Anchorpoint eyes August HKDAP stablecoin rollout - 6
News
Read more - Standard Chartered-backed Anchorpoint eyes August HKDAP stablecoin rollout

Standard Chartered-backed Anchorpoint eyes August HKDAP stablecoin rollout

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,…
PayPal stablecoin strategy expands after $486.4B quarter
News
Read more - PayPal stablecoin strategy expands after $486.4B quarter

PayPal stablecoin strategy expands after $486.4B quarter

PayPal reported $486.4 billion in Q2 payment volume, created a dedicated crypto division and placed stablecoins among its growth priorities.
South Korean stablecoin outflows hit 18 months
News
Read more - South Korean stablecoin outflows hit 18 months

South Korean stablecoin outflows hit 18 months

South Korean exchanges recorded 560.3 billion won in stablecoin net outflows in June, extending the overseas transfer streak to 18 months.
Stablecoin remittances hit 9% in Bank of Italy test
News
Read more - Stablecoin remittances hit 9% in Bank of Italy test

Stablecoin remittances hit 9% in Bank of Italy test

Stablecoin remittances cost up to 9% in a Bank of Italy test, with fiat on- and off-ramps driving most fees across 10 corridors.
Samsung SDS unveils stablecoin infrastructure plans with Dunamu - 7
News
Read more - Samsung SDS unveils stablecoin infrastructure plans with Dunamu

Samsung SDS unveils stablecoin infrastructure plans with Dunamu

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…
South Korea stablecoin plan could bypass crypto law delay
News
Read more - South Korea stablecoin plan could bypass crypto law delay

South Korea stablecoin plan could bypass crypto law delay

South Korea policy report urges interim stablecoin licensing and phased rules before lawmakers finish the Digital Asset Basic Act.
Stablecoins offer limited retail payment appeal in UK, FCA says - 8
News
Read more - Stablecoins offer limited retail payment appeal in UK, FCA says

Stablecoins offer limited retail payment appeal in UK, FCA says

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…
Visa Q3 revenue rises 14% as crypto push expands
News
Read more - Visa Q3 revenue rises 14% as crypto push expands

Visa Q3 revenue rises 14% as crypto push expands

Visa will remain multi-coin and multi-chain as it expands OpenUSD, tokenized deposits and AI commerce after $11.6 billion Q3 revenue.
South Korea advances crypto bill as 22% tax nears
News
Read more - South Korea advances crypto bill as 22% tax nears

South Korea advances crypto bill as 22% tax nears

South Korea’s FSC plans a consolidated stablecoin and crypto bill, while opposition lawmakers seek to repeal the 22% tax due in 2027.
JPMorgan, three US banks challenge stablecoins with shared deposit tokens - 9
News
Read more - JPMorgan, three US banks challenge stablecoins with shared deposit tokens

JPMorgan, three US banks challenge stablecoins with shared deposit tokens

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,…
Brazil stablecoins face IMF scrutiny as crypto flows outpace capital - 10
News
Read more - Brazil stablecoins face IMF scrutiny as crypto flows outpace capital

Brazil stablecoins face IMF scrutiny as crypto flows outpace capital

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…
Argentina peso stablecoins take shape as BIND and Petersen advance projects - 11
News
Read more - Argentina peso stablecoins take shape as BIND and Petersen advance projects

Argentina peso stablecoins take shape as BIND and Petersen advance projects

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…
Stablecoins lose $7.7B while volume reaches $1.79T
News
Read more - Stablecoins lose $7.7B while volume reaches $1.79T

Stablecoins lose $7.7B while volume reaches $1.79T

Stablecoin supply fell $7.7 billion in June, but adjusted transfers reached a record $1.79 trillion as USDC led settlement activity.