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Latest Stablecoin News
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Circle Foundation has announced two grants to help the United Nations Development Programme and World Food Programme test digital payments for development work and humanitarian aid. Circle Foundation said in its Sep. 25 announcement that the separate grants will help…
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Ripple CEO Brad Garlinghouse says XRP may suit some cross-border payments, while stablecoins can be a better fit for other customer needs.
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The Federal Reserve’s two September 24 proposals describe more than the assets behind a dollar token. One proposal sets the terms for an insured state member bank to seek approval for a stablecoin subsidiary; the other would govern the issuer,…
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Japan has expanded its push to bring yen stablecoins into everyday business use, with 26 companies, financial institutions and local government bodies joining a six month program that will test EJPY and other stablecoin use cases across payments, remittances and…
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The Federal Reserve has released two proposed GENIUS Act rules covering the assets that must back payment stablecoins and the approval process for banks seeking to issue them through subsidiaries. The Federal Reserve Board said in a Sep. 24 release…
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CoinShares and Token Terminal say RWA deposits tripled to $7.4B while tokenized asset trading grew despite a 15% decline in DeFi deposits.
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MeshWallet has raised $10 million in a private funding round to expand its gasless USDT wallet on TRON and build new services around its self custodial payments platform. According to the Tallinn based company, the round was led by a…
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Visa survey finds U.S. stablecoin use intent rises from 36% to 56% with hypothetical protections, while remittance scam concerns persist.
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U.S. officials are weighing overseas dollar-stablecoin projects that could extend dollar use and create additional demand for Treasury bills.
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Bitpace integrated Fireblocks for cross-border stablecoin settlement, adding custody controls and transaction management for global businesses.
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LayerZero says regulated stablecoins are key to institutional adoption after Anchorage selected its OFT standard for cross-chain issuance.
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Nephos Group has partnered with venture accelerator Brinc to provide accounting, compliance, corporate structuring, and tokenization support to more than 250 startups in Brinc’s portfolio. In a Sep. 22 press release shared with crypto.news, Nephos Group said that Brinc’s portfolio…
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The European Central Bank and national central banks across the European Union have called for MiCA’s stablecoin remuneration ban to cover lending, borrowing, staking and other arrangements that can generate indirect returns for token holders. According to the European System…
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SoFi Technologies has moved its entire $25 billion card program to blockchain based settlement using SoFiUSD as its bank issued stablecoin goes live across Mastercard’s global payments network. According to a joint announcement from SoFi and Mastercard on Sept. 22,…
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Agora has secured preliminary conditional approval from the U.S. Office of the Comptroller of the Currency to establish Agora National Trust Bank, bringing the stablecoin company a step closer to operating its issuance, custody and transaction infrastructure under federal supervision.…
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Anchorage Digital selected LayerZero for stablecoin interoperability, starting with Tether’s USAT and extending to other bank-issued tokens.
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