Reading Time: < 1 minuteThe Northern Mariana Islands, a US Pacific territory, has enacted legislation allowing Tinian Island to issue a stablecoin, overturning Governor Arnold Palacios’ April 11 veto.

Reading Time: < 1 minuteTinian, a small island in the US Northern Mariana Islands, may get another opportunity to launch a stablecoin after the territory’s Senate overrode the governor’s veto of the stablecoin bill.

Reading Time: < 1 minuteMeta is considering integrating stablecoins for global payouts on its platforms, as reported by Fortune, citing five informed sources.

Reading Time: < 1 minuteTether’s current excess reserves are at their lowest since Q2 2024, when it held $5.3 billion in reserves.

Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has concluded its investigation into PayPal’s PYUSD stablecoin without pursuing any enforcement actions.

Reading Time: < 1 minuteAbu Dhabi’s International Holding Company, ADQ, and First Abu Dhabi Bank have announced plans to introduce a dirham-backed stablecoin.

Reading Time: < 1 minuteCircle is partnering with Intercontinental Exchange (ICE) to explore the broader use of stablecoins.

Reading Time: < 1 minuteCrosschain US-dollar stablecoin USDT0 has been launched on Optimism’s Superchain, enhancing access to this popular stable asset within Ethereum’s layer-2 ecosystem.

Reading Time: < 1 minuteBitso Business, a branch of Mexico’s crypto exchange Bitso, plans to launch a stablecoin linked to the Mexican peso on the Ethereum layer-2 network Arbitrum.

Reading Time: < 1 minuteFidelity Investments is reportedly on the verge of launching a stablecoin pegged to the US dollar, marking a significant milestone in its expansion into digital assets.

Reading Time: < 1 minuteStandard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) have announced plans to develop a stablecoin backed by the Hong Kong dollar.