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Kast has launched a stablecoin-based business platform offering accounts, cards, transfers in more than 20 currencies, and returns of up to 8% APY across over 170 countries. Kast said its new KAST Business platform gives companies a single service for…
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Ethena has launched Ethena Pay in beta for 400 early users, bringing USDe payments, Avalanche settlement and annual reward rates of up to 6% to a self-custodial mobile app. Ethena Pay connects USDe balances with daily payments Ethena said in…
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The Monetary Authority of Singapore has proposed amendments to the Payment Services Act 2019 that would put its stablecoin framework into law while introducing rules for overseas issuers, interest payments and issuer wind-down plans. MAS published the consultation on Sept.…
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Stablecoins capture 94% of Argentina’s peso crypto volume as wallet downloads and digital-dollar usage remain resilient despite lower inflation.
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HKDAP could move the Hong Kong dollar beyond payments and into cross-border settlement, corporate treasury management and tokenized finance as regulated stablecoins gain a role in Hong Kong’s on-chain financial system, according to a HashKey researcher. HashKey senior researcher Tim…
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RLUSD supply reached about $2.37 billion as Ripple recorded fresh minting and burning across XRPL and Ethereum treasury accounts.
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Tether CEO Paolo Ardoino has challenged the Bank for International Settlements’ preference for tokenized bank deposits, arguing that fully reserved stablecoins give users a stronger alternative to money held under fractional reserve banking. The Bank for International Settlements laid out…
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Stablecoin cards have processed more than $10.9 billion, while RedotPay forecasts annual spending could reach $50 billion by 2028.
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BIS chief Pablo Hernández de Cos says stablecoins lack credibility for payments at scale and favors tokenized bank deposits for daily use.
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The Bank of Russia is building a surveillance apparatus for digital assets at the same time the Russian state relies on those assets to circumvent Western financial restrictions. The contradiction reveals how governments actually think about crypto. The Bank of…
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A research paper published this week quantifies what happens when bank deposits move at blockchain speed. The number is large enough to reshape how banks fund the economy, and the crypto industry is building the pipes without acknowledging the consequences.…
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Bullish has provided USD.AI with a $100 million stablecoin debt facility to fund loans secured by graphics processing units used in artificial intelligence infrastructure. Bullish said in a Friday announcement that the facility will give USD.AI capital to finance operators…
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HyENA has announced plans to close every market between Aug. 31 and Sept. 2 after processing more than $4 billion in trades for over 12,000 users. HyENA will remove markets over three days HyENA said in an Aug. 28 shutdown…
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Dunamu and Visa will explore stablecoin payments, global remittances, OUSD business models and AI-driven commerce under a new partnership.
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Ethena has proposed directing 95% of net revenue from its branded businesses toward ENA buybacks once USDe supply reaches $7.5 billion, as the protocol also moves to end monthly investor unlocks and separate ecosystem economics from Ethena Labs equity. According…
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Mantle has accumulated about $880 million in stablecoins and tokenized assets as its onchain product range has expanded across equities, Treasuries, funds and yield-bearing assets. Mantle’s asset base approaches $880 million Blockworks Research data shows that Mantle’s stablecoin circulating supply…
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