stablecoins

Highlights: Ripple has expanded its services in Brazil as it pushes to empower financial firms with all they need to compete in the modern financial system. The payment company said it now supports diverse financial services, including asset storage, trading […]

Highlights: PayPal has expanded PYUSD access from the US and UK to 70 countries. The rollout supports cheaper cross-border transfers, digital dollar balances, and wallet use. PYUSD rewards, wider payment use, and fast market cap growth support adoption. PayPal has […]

Highlights: The Australian Senate has supported a crypto bill that would require digital asset platforms to obtain a financial services license to operate. Industry groups support clearer rules but warn that some definitions may affect wallet and infrastructure providers. The […]

Highlights: Recent data shows that stablecoins are becoming a core layer of on-chain financial activity. Their use now spans trading, payments, remittances, and DeFi services. The market has reached around $300 billion, led mainly by USDT and USDC. Stablecoins are […]

Highlights: FDIC is planning rules to block stablecoin deposit insurance under the GENIUS Act. Stablecoin holders will not receive the $250,000 protection given to bank deposits. Regulators are seeking public comments as banks warn stablecoins could pull money from deposits. […]

Highlights: Chris Giancarlo said CLARITY Act delays could slow U.S. banks’ digital finance shift. He said while banks wait for clarity, global competitors could move ahead faster. He added that interim agency rules may help, but they cannot replace lasting […]

Highlights: Florida lawmakers have made history by approving a state-based framework for stablecoin operations.  The new bill is awaiting the governor’s signature to become law in Florida.  The new legislation focuses mainly on ensuring safe utilization of stablecoins. Florida Lawmakers […]

Highlights: Banks rejected the stablecoin rewards deal, and talks on the crypto market bill stalled again. Crypto companies say rewards help attract users, while banks fear that stablecoins could draw funds from deposits. Lawmakers are facing limited time to pass […]

Highlights: Western Union and Crossmint will connect blockchain payments with a global remittance network. USDPT Stablecoin will run on Solana and connect digital dollar transfers with Western Union cash payout locations. High remittance fees have pushed companies to test stablecoins […]

Highlights: The ECB warns stablecoins are linked to falling bank deposits and slower corporate lending. Deposit shifts push banks toward more expensive market funding and tighter credit conditions. Dollar-backed tokens dominate the market and raise concerns over the euro area’s […]

Highlights: EU banks are advancing talks to launch a euro-based stablecoin in the second half of this year. The stablecoin will facilitate cross-border transfers and reduce dependence on US-backed stablecoins. 12 banks, including CaixaBank, Banca Sella, BNP Paribas, and BBVA, […]

Highlights: Tether has confiscated $4.2 billion worth of USDT connected to scam activities. The stablecoin issuer has been confiscating assets since 2023. Tether noted that its actions were in line with directives from law enforcement agencies. Stablecoin issuer Tether has […]