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South Korea’s Shinhan Financial Group has signed a strategic agreement with Visa to build stablecoin payment infrastructure while expanding its work into AI-powered payments and business transactions. Shinhan Financial Group said Wednesday that the partnership will initially focus on testing…
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Revolut has begun rolling out its first stablecoin, euro-pegged EURR, to selected customers in Denmark, Poland and Portugal, with expansion across other EEA markets planned later in 2026. Revolut said Wednesday that the phased launch gives eligible customers access to…
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World Liberty Financial has launched its $4.05 billion USD1 stablecoin natively on the Canton Network, giving institutions a dollar-based settlement asset for tokenized securities and other real-world assets. USD1 gives Canton transactions a cash settlement option World Liberty Financial said…
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Term Finance has permanently closed its Meta Vaults and removed their DAO governance powers after an attacker drained an estimated $8.5 million in ETH and stablecoins. Term Finance permanently blocks Meta Vault deposits Term Labs said in an Aug. 23…
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World Liberty Financial has defended the demand behind its USD1 stablecoin after circulation surpassed $4 billion, rejecting claims that the token’s growth depends on the Trump family’s political connections. World Liberty credits USD1 demand to institutional use CNBC reported on…
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Visa has joined Singapore’s BLOOM initiative and selected Nium for a pilot testing seven-day settlement with regulated U.S. dollar and euro-backed stablecoins across cross-border payment flows. Visa said in an announcement that the Monetary Authority of Singapore-led program will test…
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Stablecoin card spending has crossed $10.9 billion in cumulative volume as RedotPay projected that annual spending through the products could quadruple to $50 billion by 2028. RedotPay said in an Aug. 25 blog post that the industry recorded more than…
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Standard Chartered became HKDAP’s first bank distributor and plans tokenized fund settlement services using the stablecoin in Q4.
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Blockchain Association backed federal stablecoin identity checks but urged agencies to exclude peer-to-peer secondary-market transfers.
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Stablecoins can cross borders within seconds, but converting them into spendable local currency remains a slower and more fragmented process, Gravity Team CEO Mārtiņš Beņķītis told crypto.news as the firm launched its institutional OTC desk. Stablecoin payments depend on two…
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Bernstein has maintained an Outperform rating and $140 price target on Circle Internet Group, implying about 59% upside after CRCL closed Friday at $87.98, as the brokerage expects USDC adoption to support the company even without passage of the CLARITY…
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Fasset raised $68 million in an SBI led round at a $1 billion valuation, taking its 2026 funding to $119 million amid payment growth.
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Tether CEO Paolo Ardoino says USDT use is growing for savings, payments and trade across Venezuela, Argentina, Bolivia and Turkey.
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A Hong Kong appeals court has upheld a 56-month prison term for Ma Zhihao after investigators linked ransom payments from a human trafficking operation to a crypto exchange account registered in his name. Caixin reported on Aug. 20 that the…
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Ripple has backed a new institutional credit fund that will issue RLUSD working-capital loans to fintech and payments companies through the XRP Ledger, with Clearpool and Cicada Partners handling the lending infrastructure and credit management. CoinDesk reported on Aug. 21…
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US stablecoin issuers have entered a five-month preparation window before the GENIUS Act’s expected Jan. 18, 2027, effective date, which places licensing and operating controls at the center of market access. The US Treasury proposed new definitions on Aug. 17…
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