Stablecoin News
Latest Stablecoin News
News
Wells Fargo has outlined plans to issue stablecoins with 20 other financial institutions in the first half of 2027, while CEO Charlie Scharf has said their use cases in the United States remain unclear. Wells Fargo CEO Charlie Scharf said…
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Universal has announced the expansion of its dollar-backed USDU stablecoin to Solana, extending its UAE-regulated issuance framework and 1:1 reserve backing to another blockchain for institutional settlement. Universal said in its announcement that eligible participants will be able to hold…
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A dollar stablecoin can change hands across borders and blockchains at any hour. Its issuer may hold reserve assets in one jurisdiction while users trade the token in several others. An October 12 Financial Stability Board note says the resulting…
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SBI Holdings and KB Kookmin Card partner to test AI identity checks and explore stablecoin payments for Japanese tourists visiting South Korea.
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Standard Chartered launches RLUSD custody on XRP Ledger and plans to let institutional clients use the stablecoin as trading collateral with LMAX.
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Bank of Korea Governor Hyun Song Shin says private firms should handle stablecoins while the central bank focuses on bank deposit tokens and payments.
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Pi Network has outlined a possible role for Open USD in payments and Pioneer rewards, but its October 8 statement leaves the design open. PI trades around $0.0835 after losing ground this month. The price question rests on whether stablecoin…
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Senator Richard Blumenthal has asked Cantor Fitzgerald to explain its Tether relationship by October 23. The inquiry separates control over reserve assets from control over USDT on public blockchains. The October 8 letter from Senator Richard Blumenthal asks Cantor Fitzgerald…
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ESMA has given national supervisors three months to resolve existing positions in stablecoins that do not meet MiCA rules. Trading was only one part of the problem. A customer who still has an unsupported stablecoin on a European exchange may…
Markets
DOT price has fallen toward $1 as Polkadot launches its native dotUSD stablecoin, with daily support under pressure and a rounded top forming on the 4-hour chart. TradingView’s Binance DOT/USDT daily chart showed Polkadot trading at $1.032 on Oct. 8,…
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ESMA gives EU crypto firms three months to clear non-MiCA stablecoin exposure, with limited sell, transfer and withdrawal services allowed.
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Gate is rolling out a Visa-linked crypto card across 40+ markets, converting digital assets to fiat at checkout for online and in-store payments.
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Gwangju Bank and South Korean fintech company Toss have successfully completed a proof of concept for stablecoin payments using QR codes, allowing customers to make transactions through connected banking and payment apps. According to an Oct. 8 report by Yonhap…
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Kyrgyzstan has shut down USDKG and ordered its issuer liquidated, while holders can exchange the gold-backed stablecoin for fiat or USDT.
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Circle and Tereina are bringing USDC and EURC into SAP Pay, giving eligible businesses stablecoin payments inside existing workflows.
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Tether and Kazakhstan will study a tenge stablecoin pilot and asset tokenization framework, with Alatau City set to host testing.