Tag: stablecoins
All news related to cryptocurrencies pegged to other assets, such as the US dollar.
Visa Doubles Down on Stablecoins as Rivals Circle the Market
Reading Time: < 1 minuteVisa has widened its stablecoin offerings, integrating PayPal USD, Global Dollar, and Euro Coin—while adding Stellar and Avalanche to its supported blockchain networks.
Shinkai Launches v1.0: Onchain AI Agents Go Live with USDC & Coinbase x402
Reading Time: 2 minutesGeorgetown, Cayman Islands, 29th July 2025, Chainwire
Hong Kong Cracks Down on Unlicensed Stablecoin Promotions with Jail Time, Fines
Reading Time: < 1 minuteStarting August 1, promoting unlicensed stablecoins in Hong Kong will become a criminal offense punishable by fines of up to HK$50,000 (US$6,300) and six months’ imprisonment.
Anchorage Digital Partners with Ethena to Issue First GENIUS-Act Compliant Stablecoin
Reading Time: < 1 minuteAnchorage Digital Bank, the only federally chartered crypto bank in the US, has teamed up with Ethena Labs to bring its USDtb stablecoin onshore—the first to align with the recently passed GENIUS Act.
Western Union Eyes Stablecoin Expansion Amid Regulatory Shifts
Reading Time: < 1 minuteWestern Union is actively exploring stablecoin integration within its digital wallet ecosystem, signaling a strategic shift toward blockchain-based payments.
Conflux Network Announces Offshore Yuan Stablecoin and Conflux 3.0 Upgrade
Reading Time: < 1 minuteChinese Layer 1 blockchain Conflux Network has unveiled plans to develop an offshore yuan-pegged stablecoin in collaboration with fintech firm AnchorX and Shenzhen-listed Eastcompeace Technology.
Snail, Inc. Announces Intent to Explore Proprietary USD-Backed Stablecoin
Reading Time: 3 minutesCulver City, United States, 16th July 2025, Chainwire
BOE’s Bailey Takes Aim at Stablecoins, Calls Them a Threat to Financial Stability
Reading Time: < 1 minuteAndrew Bailey, Governor of the Bank of England, has raised strong objections against private stablecoins, labeling them a potential danger to the banking sector and sovereign monetary control.
Reserve Bank of Australia Ramps Up Wholesale CBDC, Stablecoin Testing with Major Players
Reading Time: < 1 minuteAustralia’s central bank is deepening its exploration of digital money, moving into live trials of wholesale CBDCs and stablecoins with industry partners.
Ripple’s RLUSD Stablecoin Tops $500M Market Cap in Just 7 Months
Reading Time: < 1 minuteRipple’s dollar-backed stablecoin, RLUSD, has surpassed $500 million in market capitalization just seven months after launch.
Hong Kong Authorities Target 2025 for Stablecoin Licensing Launch
Reading Time: < 1 minuteHong Kong’s government is preparing to issue its first stablecoin licenses later this year, though only a select few firms are expected to meet regulatory requirements.
Judge Glenn Allows Celsius’ Breach-of-Contract Claims Against Tether to Advance
Reading Time: < 1 minuteIn a key ruling, US Bankruptcy Judge Martin Glenn has permitted Celsius to pursue its $4.3 billion lawsuit against Tether.
Circle Takes Next Step Toward Traditional Banking with US License Bid
Reading Time: < 1 minuteCircle Internet Group has filed for a national banking license, per Reuters.
South Korea Puts CBDC on Hold as Government Pushes Stablecoins
Reading Time: < 1 minuteSouth Korea’s central bank has suspended its digital currency trials as the government shifts focus toward embracing private stablecoins.
Hong Kong Doubles Down on Crypto: Stablecoin Rules & Tokenization Push
Reading Time: < 1 minuteHong Kong is tightening its grip on digital assets with a new regulatory framework, mandating licenses for stablecoin issuers from August 1.
South Korea’s Central Bank Advocates Gradual Stablecoin Adoption
Reading Time: < 1 minuteThe Bank of Korea (BOK) supports a phased approach to stablecoin issuance, with banks leading the rollout before expanding to other sectors.
Stably Introduces Stablecoin Development & Advisory Services for Institutions & Enterprises
Reading Time: 3 minutesSeattle, United States / Washington, 24th June 2025, Chainwire
Trump Demands Swift Passage of GENIUS Stablecoin Bill: ‘Get It to My Desk, ASAP’
Reading Time: < 1 minutePresident Donald Trump is pushing Congress to move quickly on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, urging the House to pass the bill without delay.
JD.com Eyes Global Stablecoin Licenses to Cut Cross-Border Payment Costs
Reading Time: < 1 minuteJD.com, China’s e-commerce powerhouse, plans to pursue stablecoin licenses in major markets worldwide, founder Richard Liu revealed.
Senate Passes GENIUS Stablecoin Legislation with Bipartisan 68-30 Majority
Reading Time: < 1 minuteThe Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act has cleared a critical hurdle in the Senate, passing with a decisive 68-30 vote.
USDC Integration Goes Live on XRP Ledger, Enabling Cross-DEX Swaps
Reading Time: < 1 minuteThe XRP Ledger (XRPL) has officially added support for Circle’s USDC stablecoin, enabling new DeFi interoperability features.
Stablecoin Bill to Fortify Dollar Dominance, Treasury Chief Says
Reading Time: < 1 minuteTreasury Secretary Scott Bessent framed the GENIUS Act as critical to maintaining dollar supremacy during Senate testimony Wednesday.
Senate Moves Forward on GENIUS Stablecoin Bill Amid Trump’s Crypto Push
Reading Time: < 1 minuteThe US Senate voted decisively (68-30) to advance the GENIUS Act, a major stablecoin regulation bill backed by Senate leadership and aligned with President Donald Trump’s pro-crypto agenda.
Corporate Stablecoin Adoption Soars as Fortune 500 Firms Take Notice
Reading Time: < 1 minuteA Coinbase survey reveals a dramatic shift in corporate attitudes toward stablecoins, with Fortune 500 interest tripling in just one year.
Societe Generale Launches First Major Bank-Issued Dollar Stablecoin
Reading Time: < 1 minuteFrance’s Societe Generale announced plans to introduce a dollar-pegged stablecoin, becoming the first major bank to enter the dollar-backed crypto market.
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