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Ethena Pay launches beta with rates up to 6%
Latest Stablecoin News
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Local-currency stablecoin launches have increased demand for 24/7 foreign exchange liquidity as more than 70% of conversions into dollar stablecoins begin in another currency. Raj Kamal, founder and CEO of payments company TransFi, told crypto.news that issuing euro, sterling, yen,…
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The cloture vote, the CPI print, the FOMC decision, and the SEC’s 24-hour trading roundtable all fall in the same 10-day window. The outcome will shape crypto regulation for the rest of the decade. The United States Senate has 14…
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Bank of Korea researchers found direct fiat-stablecoin trading can transmit crypto demand into FX markets and pressure local currencies.
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Federal Reserve researchers say payment stablecoins could fit within M1 or M2, but reporting and double-counting questions remain.
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A planned dollar stablecoin backed by 21 global financial institutions will begin with regulatory resources, corporate relationships, and international payment connections. Four industry executives told crypto.news, however, that institutional backing will not guarantee adoption unless the token can match the…
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The stablecoin giant launches Arc mainnet on September 16 with BlackRock, DTCC, and Visa as validators, betting that owning the infrastructure matters more than owning the dollar. The timing is either brilliant or reckless. Circle will flip the switch on…
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SEC Chair Atkins expects passage, but the September 15 action is a 60-vote cloture hurdle with at least three unresolved fights capable of sinking the most ambitious crypto bill in American history. The Digital Asset Market Clarity Act passed the…
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Paxos-issued USDG has launched natively on Mantle, adding the Ethereum layer-2 network to a stablecoin coalition with more than 150 partners. USDG brings native stablecoin issuance to Mantle Global Dollar Network said in its announcement on Sept. 3 that USDG…
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Revolut has received conditional approval from the Office of the Comptroller of the Currency to form a U.S. national bank, with a 2027 launch, a $95 million capital injection and stablecoin service planned if regulators grant the remaining clearances. Conditional…
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Taiwan’s Financial Supervisory Commission has said nine supporting regulations for its new Virtual Asset Service Act, including detailed stablecoin rules, could be formally introduced as early as the first quarter of 2027. Financial Supervisory Commission Chairman Peng Jinlong said at…
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Wyoming adopted Chainlink Proof of Reserve for FRNT, adding near-real-time onchain data to its daily reserve attestations.
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Chainlink
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Bank of America, Citi and Goldman joined 18 other financial institutions planning a U.S. dollar stablecoin launch in the first half of 2027.
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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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