cointelegraph.com
Tether Sued Over Frozen ‘Pig Butcher’ Coins, 6,600 Students Get Crypto Loans: Asia Express
Tether sued over frozen USDT, 6,600 students get crypto loans in Asia.
Stablecoins
Stories tagged “Stablecoins.”
30 stories
cointelegraph.com
Chelsea FC Gets a Stablecoin Sponsor after UK FCA Warning to Clubs
Chelsea Football Club has secured Circle, the issuer of USDC stablecoin, as its new sponsor for the 2026/2027 season, despite a recent warning from the UK's financial watchdog, the FCA, about questionable crypto sponsorship deals.
cointelegraph.com
Visa works with Upbit parent on stablecoin payments, AI commerce
Visa and Dunamu, the parent company of South Korean crypto exchange Upbit, have partnered to explore stablecoin payments, cross-border remittances, and AI-powered commerce. The collaboration aims to integrate digital assets with traditional finance through Visa's global n…
cointelegraph.com
US Banking Groups Plan Nationwide Blockchain Network for 2027
Thirty-nine US state banking associations have formed the BankChain Alliance to build a nationwide, industry-owned blockchain network for banks, targeting a 2027 launch.
cointelegraph.com
Circle Gets $140 Target as Bernstein Eyes USDC Growth Cycle
Analysts at Bernstein are bullish on stablecoin issuer Circle, arguing that a new growth cycle for its USDC stablecoin could provide a significant boost for the company over the next 12 months.
decrypt.co
Banking Regulator Races to Finalize GENIUS Act Stablecoin Rules
The U.S. banking regulator, the Office of the Comptroller of the Currency (OCC), aims to finalize its stablecoin rules under the GENIUS Act by November, ahead of a January 2027 statutory deadline.
coindesk.com
Visa looking for new stablecoin settlement partner after BVNK sale to Mastercard
Visa is seeking a new stablecoin settlement and over-the-counter (OTC) partner with cryptocurrency exchange licenses in key regions.
coindesk.com
XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments
XRP's price dropped below $1 for the first time since November 2024, making it the weakest major token, despite Ripple announcing a new partnership with South Korea's Jeonbuk Bank.
decrypt.co
Treasury Proposes Rules Defining Who Can Legally Sell Stablecoins in US
The U.S. Department of the Treasury proposed rules defining which stablecoins can be issued or sold in the United States under the GENIUS Act. Beginning January 18, 2027, stablecoin issuers generally must obtain a federal or state license.
bitcoinmagazine.com
US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation
The US Department of the Treasury is moving fast with crypto regulation, asking for public comment on the proposed rule for the GENIUS Act, which provides clarity to industry regarding who needs a license to issue a stablecoin.
cointelegraph.com
BIP-110 Dies With a Whimper, CLARITY Vote Punted: Hodler’s Digest, Aug. 9
BIP-110, a proposal to eradicate spam from the blockchain, has been pronounced Dead On Arrival after securing just 2.5% support. CLARITY, a Senate bill aimed at regulating stablecoins, has been punted to September. Bitcoin security group Bitcoin Red Team has found nearly …
cointelegraph.com
Local Stablecoins Could Become Gateways to Digital Dollars: IMF
The International Monetary Fund's First Deputy Managing Director, Dan Katz, suggests that domestic stablecoins could boost demand for dollar-backed tokens. He believes that users may favor digital dollars due to their liquidity, network effects, and cross-border acceptance.
cointelegraph.com
Crypto Business Converges With Traditional Banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income, and balance sheet management become key profit drivers. BlackRock launched tokenized money market funds for stablecoin reserves, and Tether generated another $1.5 billion …
cointelegraph.com
Stripe-owned Bridge joins EU MiCA register after Luxembourg approval
Stripe-owned Bridge has been added to the EU's Markets in Crypto-Assets Regulation (MiCA) register, following regulatory approval in Luxembourg.
coindesk.com
Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit
Binance has sued Hong Kong-based RedotPay and its founders, alleging the firm diverted about 470,000 Binance customers and caused nearly $473 million in losses to the exchange. RedotPay has rejected the claims as unfounded and vowed to defend itself ‘vigorously’.
decrypt.co
Visa Widens Stablecoin Payouts via Zerohash Rails
Visa is expanding its stablecoin payment offerings through an arrangement with crypto infrastructure provider Zerohash, allowing eligible Visa Direct clients to prefund accounts and send payouts using stablecoins.
cointelegraph.com
Western Union brings stablecoin remittances to Visa network with Stablecard
Western Union has launched Stablecard, a digital wallet and Visa-branded card that enables users to hold and spend a US dollar-backed stablecoin, marking one of the company's biggest moves into blockchain-based payments.
cointelegraph.com
S&P gives BlackRock tokenized reserve fund top stability rating
S&P Global Ratings has assigned its highest principal stability fund rating, "AAAm," to BlackRock's new tokenized money market fund, BRSRV, recognizing its robust investment strategy and management. This top rating contrasts sharply with S&P's separate assessment, which r…
cointelegraph.com
Cloudflare Introduces AI Wallets for Stablecoin Payments
Cloudflare has launched programmable Wallets for AI agents, designed to simplify identity and facilitate stablecoin micropayments for APIs and digital content.
coindesk.com
Why Visa, Mastercard and Coinbase aren't abandoning USDC stablecoin for Open USD
The launch of Open USD, backed by Coinbase, Visa and Mastercard, initially sparked fears of a direct challenge to Circle’s USDC and wiped billions from Circle’s market value. Executives at Coinbase, Visa and Mastercard now say they are pursuing a multi-stablecoin, multi-c…
coindesk.com
Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung plans to add native stablecoin features to 800 million new Galaxy smartphones via Samsung Wallet, potentially making it a dominant distributor of tokens like USDC.
coindesk.com
Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
A DeFi platform, Spark, has ditched its consumer app to become the secret backend for tech giants, supplying yield to firms like Robinhood. The stablecoin market is fragmenting, and Spark is betting it can capitalize on the split.
coindesk.com
Bank of Italy research suggests stablecoins aren't necessarily cheaper for remittances
A Bank of Italy study found that stablecoin remittances are not systematically cheaper than traditional money transfer operators once the full journey is taken into account. End-to-end costs varied dramatically, ranging from 0.3% to almost 9% of the value transferred.
decrypt.co
Circle Lands New York Trust Charter as Stablecoin Issuer Expands Regulatory Footprint
Circle, the USDC stablecoin issuer, has received a limited-purpose trust charter from the New York Department of Financial Services. This allows Circle to operate a New York trust company that can provide digital asset custody, but cannot accept deposits or make loans lik…
coindesk.com
Circle secures New York trust charter as crypto regulatory push accelerates
Circle, the issuer of USDC, has secured a limited purpose trust charter from the New York Department of Financial Services (NYDFS), allowing it to offer fiduciary, custody, and asset-management services.
bitcoinmagazine.com
Banking Lobby CEO Talks Crypto Clarity Act as Senators Race To Pass Bill
The CEO of the American Bankers Association, Rob Nichols, has said that the banking lobby wants the Clarity Act to succeed — but small edits to the bill still need to be made. The bill was passed last year by the House of Representatives but has been in deadlock after ban…
cointelegraph.com
PayPal Expands Into Stablecoins and AI Payments
PayPal reported Q2 earnings of $1.26 per share and $8.68 billion in revenue, highlighting growth of stablecoins and AI-driven payment tools.
cointelegraph.com
IMF Warns Brazil’s Stablecoin Market Needs Oversight
The IMF warns that Brazil's stablecoin market has grown rapidly since 2017, with cross-border crypto flows increasing faster than traditional capital flows. The report highlights the need for closer oversight and regulation of the market.
cointelegraph.com
Wise to Resubmit US Charter Application Under GENIUS Act
Wise, a payments company, plans to resubmit its application for a national trust bank charter with the US Office of the Comptroller of the Currency (OCC) under a GENIUS Act framework. The company was previously denied a charter due to AML/CFT risks.
decrypt.co
Samsung Wallet Will Add Stablecoin Support, Including USDC
Samsung Wallet will add native support for stablecoins, including USDC, at Galaxy Unpacked in London on July 22. This move builds on the company's existing crypto wallet offerings and aims to make stablecoins a seamless part of users' digital lives.