Stablecoin News
Latest Stablecoin News
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The UK and US plan closer stablecoin rules, 1:1 reserves and cross-border market access while coordinating tokenized finance standards.
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Binance is pursuing a crypto super app strategy, using stablecoin payments, stocks and broader financial services to expand beyond trading.
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Senator Thom Tillis has proposed new CLARITY Act language that would allow federal banking regulators to intervene if stablecoin yields trigger systemwide deposit flight from US banks. According to a report from Punchbowl, the North Carolina Republican has suggested adding…
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Confirmo has launched a stablecoin subscription payment service that supports automated recurring billing across more than 700 self-custody wallets and exchange accounts. According to a July 14 press release shared with crypto.news, Subscribe allows enterprise businesses such as SaaS providers,…
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Stablecoin FX beat interbank rates throughout Q2, while poor provider routing cost firms $2,330 for every $1 million moved, Borderless says.
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SBI and Solana plan Japan-based onchain markets for JPY stablecoins, tokenized assets, cross-border payments and institutional finance soon.
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Thailand has begun auditing high-value stablecoin transactions after authorities flagged suspicious transfers that may have bypassed normal financial reporting systems. According to local news outlet Thansettakij, the Bank of Thailand (BOT) and the country’s Securities and Exchange Commission (SEC) have…
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SBI is reportedly preparing to launch a lending product offering a 3% annual yield on its JPYSC stablecoin, adding a yield feature weeks after introducing Japan’s first trust bank-backed yen stablecoin. According to a Monday report by Nikkei, the Japanese…
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Lawson plans an August JPYC payment trial at one Tokyo shop, linking mobile wallet barcodes with its existing point-of-sale system in Japan.
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Stablecoin supply fell $10 billion from its May peak as USDT and USDC contracted, though the wider market decline stayed near 3% this cycle.
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In the last week of June, XRP printed its weakest price since late 2024, briefly touching $1.01 before stabilizing in the $1.05 to $1.13 range where it has traded through early July. The token is down more than 25% for…
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South Korea has launched its first government-backed blockchain stablecoin pilot after Gyeonggi Province confirmed an eight-month proof-of-concept program scheduled to begin in August. According to blockchain media outlet NexBlock, Gyeonggi Province, the country’s most populous province, will begin testing a…
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Metaplanet studies Bitcoin-backed digital credit with JPYC and Progmat, but says no product or issuance terms have been set in Japan as yet.
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The Bank of Korea has reaffirmed that won-denominated stablecoins should initially be issued through bank-led consortiums, reinforcing its position as South Korea’s digital asset legislation remains stalled. According to local reports from Digital Asset and EDaily, the Bank of Korea…
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PayPal USD (PYUSD) has become natively available on Polygon through the Polygon Open Money Stack, giving businesses direct access to the regulated stablecoin across payment, compliance and fiat conversion services. According to a press release shared with crypto.news, Paxos-issued PYUSD…
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The article was updated with a correction to state that BitGo has been granted full OCC approval. Sony Bank has secured conditional approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank, moving…