Stablecoin
Circle and Nomura to Launch USDC Digital Asset Settlement Service in Japan by 2027
Circle Internet Financial and Nomura Holdings plan to launch a digital asset settlement service in Japan as early as 2027. The partnership would let Japanese companies use USDC for payments...
Ripple Launches RLUSD in Japan Through SBI Partnership
Ripple has officially launched its US dollar-backed stablecoin RLUSD in Japan following regulatory approval from the Japan Financial Services Agency (JFSA), partnering with SBI VC Trade to offer the stablecoin...
SBI Launches JPYSC, Japan’s First Trust Bank-Backed Yen Stablecoin
SBI Group has officially launched JPYSC, Japan’s first stablecoin backed by a trust bank, marking a major milestone for the country’s digital asset sector. The yen-pegged stablecoin will be issued...
SBI to Issue Japan’s First Trust-Based Yen-Pegged Stablecoin This Week
SBI Group has received the necessary regulatory approval to issue a stablecoin pegged to the Japanese yen and aims to launch it this week, according to reports. The group plans...
Bitget Launches Stock Transfer Program With Up to 10,000 USDT in Fee Reimbursements
Bitget has launched a new Stock Transfer Fast-Track Plan. The program allows users to move their existing U.S. stock holdings from external brokers directly to its Stock+ platform. Eligible users...
Bank of England Scraps Individual Stablecoin Caps, Sets £40B Issuance Ceiling
The Bank of England has abandoned limits on individual stablecoin holdings, replacing them with a temporary £40 billion ceiling for each systemic coin. The change removes caps of £20,000 per...
Kenyan MPs Question 30% Local Reserve Rule for Stablecoins
Kenyan lawmakers are questioning whether a 30% domestic reserve requirement would protect users or restrict participation by international issuers. According to local media reports, the dispute emerged during talks between...
Fidelity Launches Stablecoin Reserve Fund Under GENIUS Act
Fidelity Investments has entered the stablecoin reserve business with the launch of the Fidelity Reserves Digital Fund, a money market fund built for stablecoin issuers and institutional investors. The fund...
IMF Warns Nigeria’s Rapid Stablecoin Adoption Poses Monetary Risks
The International Monetary Fund (IMF) has reported that stablecoins have become a significant cross-border payments tool in Nigeria, with $59 billion in crypto inflows from July 2023 to June 2024....
Trump-Linked USD1 Payout Turns UFC Freedom 250 Into Ethics Flashpoint
UFC Freedom 250 shifted from patriotic pageantry to a crypto-ethics dispute after World Liberty Financial promoted its stablecoin at the White House event. Per reports, the UFC named the Trump...
Trump Uses UFC Freedom 250 to Promote USD1 Stablecoin
President Donald Trump’s crypto venture, World Liberty Financial (WLFI), used the White House-hosted UFC Freedom 250 event to promote the USD1 stablecoin. Fighter bonus payouts were in USD1, putting the...
Ripple and Bitso Expand Stablecoin Settlement in LATAM
Ripple and Bitso are adding Bitso’s Mexican peso-backed stablecoin, MXNB, to the XRP Ledger as they expand their cross-border payments network in Latin America. The integration will plug MXNB into...
Japan’s Largest Banks Target Joint Stablecoin Launch by 2027
Japan’s three largest banking groups are moving closer to issuing an asset-backed stablecoin, marking a new stage in the country’s efforts to integrate blockchain-based payment systems into the traditional financial...
Italy’s Bancomat Expands Euro Stablecoin Push
Italy’s Bancomat has accelerated its digital payments strategy after securing support from nine major Italian banks for its EUR.bank stablecoin initiative. The payments company confirmed that the participating lenders will...
Peter Schiff Defends Stablecoins Against Jamie Dimon’s Call for Bank-Level Crypto Regulation
Peter Schiff, one of crypto’s most vocal critics, has taken an unexpected position in defence of stablecoins, pushing back directly against JPMorgan Chase CEO Jamie Dimon’s argument that crypto companies...
Ripple’s RLUSD Stablecoin Goes Multichain via Wormhole NTT: What Does This Mean for XRP Users?
Ripple’s RLUSD stablecoin has moved into a wider multichain phase after the company selected Wormhole’s Native Token Transfers framework for cross-chain access. The move gives RLUSD a broader distribution layer...
America’s Biggest Banks Are Coming for the Stablecoin Market in 2027
The Clearing House, the private payments infrastructure company owned by America’s largest financial institutions, is set to operate a shared blockchain network allowing bank deposits to move on-chain with round-the-clock...
Visa, Mastercard Eye Stablecoin Push With Stripe, Coinbase
Visa and Mastercard are reportedly preparing to enter the stablecoin space through a new platform that could also involve Stripe and Coinbase. While details remain limited, the initiative points to...
Stripe, Visa, Mastercard, and Coinbase Come Together to Rival Circle, Tether
The stablecoin market may be heading toward its biggest competitive transition since USDT and USDC took over the sector. Stripe, Visa, Mastercard, and Coinbase are reportedly working on a new...
House of Lords Warns BoE Stablecoin Rules Could Limit Growth
The United Kingdom’s effort to establish a regulatory framework for stablecoins has entered a new phase after a House of Lords committee warned that several proposed restrictions could limit the...
EU and New York Regulators Sign Deal to Share Stablecoin Data
The European Banking Authority (EBA) and the New York State Department of Financial Services (NYDFS) have signed a formal cooperation agreement covering stablecoins that operate in both jurisdictions. The deal...
IHC Moves $30M in DDSC as UAE Digital Payments Scale Up
International Holding Company (IHC) has completed an AED 110 million ($30M) transaction using DDSC, placing a regulated dirham-backed stablecoin into live institutional use. The Abu Dhabi investment group executed the...
Tether and Georgia Move Forward With GEL₮ Stablecoin Launch
The Government of Georgia and Tether announced plans to introduce GEL₮, a stablecoin tied to the Georgian Lari, in a move that places the country among the early jurisdictions working...
FDIC Sharpens BSA Oversight as Payment Stablecoins Move Into Focus
The Federal Deposit Insurance Corporation moved payment stablecoins deeper into the banking compliance arena on May 22, approving a proposed rule tied to Bank Secrecy Act oversight. The proposal targets...
Binance Sees $1.2B Stablecoin Exit as Bitcoin Volatility Grows
Bitcoin is heading into another volatile session after Binance recorded $1.2 billion in stablecoin outflows, with nearly $1 billion linked to USDT withdrawals, according to CryptoQuant analyst BorisD. The move...
