Tagged: stablecoins

Mastercard’s Busy Week Tops Last Week’s Product Releases and Partnerships

SoFi, Mastercard partner on card payment stablecoin settlement The system connects blockchain-based settlement and established card infrastructure. Stablecoins will settle transactions within the normal card experience. Moov Money built on Visa, Mastercard rails Moov Money enables consumers to send and receive money through their existing… Read More

Tether Freezes Over Half a Billion in Iran Affiliated USD₮ in 2026

Tether is touting its countermeasures against the rogue regime of Iran in line with the ongoing sanctions being applied by the US. According to a post by Tether, nearly $550 million in Iran-linked USD₮ has been frozen since the beginning of the year. Around $344… Read More

Citi, Coinbase to Partner on Digital Assets: Report

Citi (NYSE:C) and Coinbase (NASDAQ:COIN) are partnering on digital assets, with one of the world’s largest banks choosing Coinbase to provide its technology for stablecoins as the world shifts from analog finance to digital. WSJ.com first reported that Coinbase will provide stablecoins payment rails that support the conversion… Read More

Rogue AI Agents, Increased Stablecoin Acceptance Highlight Last Week’s Research Roundup

Irregular study shows agents acting independently again Irregular looked at a self-hosted system where an open-weights model supported both a coding agent and an AI app that the agent was supposed to maintain. When given a software maintenance task, the agent altered and replaced the… Read More

Former Visa Crypto Lead Pete Cooling Launches Atum, an Open Payments Network

Atum, a San Francisco startup building what it calls the first open payments network for moving money worldwide, has come out of stealth with $13.5 million in new capital. The company was founded by Pete Cooling, who previously led Visa’s crypto product team and spent… Read More

Federal Reserve Proposes Reserve and Capital Rules for Stablecoin Issuers Under the GENIUS Act

The US Federal Reserve has taken a major step toward implementing last year’s federal stablecoin statute. On September 24, 2026, the Board of Governors asked the public to weigh in on two draft rules that would apply to payment-stablecoin issuers the central bank already oversees…. Read More

SoFi Bank, Mastercard Now Settling Stablecoins Across Entire Card Program

SoFi Bank (NASDAQ:SOFI) is now live in settling transactions across the Mastercard network using its in-house stablecoin, SoFiUSD. SoFi Bank claims to be the first national bank to do so. It has been estimated that by migrating its entire debt/credit card services to stablecoins, this… Read More

SBI Holdings and Kyobo Life Trial Direct Yen-Won Stablecoin Transfers Between Japan and South Korea

Two financial groups in East Asia have completed a proof-of-concept exercise designed to show how stablecoins might one day support institutional payments between Japan and South Korea without routing money through the US dollar. SBI Digital Practice, a subsidiary of Japan’s SBI Holdings (TYO: 8473)… Read More

Bank-Style Protections Could Lift US Stablecoin Interest : Visa

Visa (NYSE: V) research suggests that familiar banking-style safeguards could sharply lift US consumer interest in stablecoins, even though most Americans still know little about the category. The payments company released its Money Travels 2026 report on September 23, 2026. The US portion of the… Read More

Tether Refused to Comply with Europe’s MiCA Rules Over One Bank-Deposit Requirement

Tether’s refusal to seek authorization under Europe’s Markets in Crypto-Assets (MiCA) framework was driven by one reserve rule rather than a general objection to oversight. MiCA requires issuers of significant stablecoins to keep at least 60 percent of backing assets as deposits with commercial banks. Chief… Read More

Circle Expands Binance Partnership, Looks to Boost Stablecoin USDC Usage, Binance Invests in Circle

Circle (NYSE:CRCL) says it has expanded its partnership with Binance, one of the world’s largest crypto exchanges. In a post on X, Circle said it has committed to a five-year deal in which Binance will support and promote USDC, Circle’s popular dollar-backed stablecoin. The deal… Read More

Kakao Pay and Kakao Bank Partner With Fireblocks to Explore Stablecoin Infrastructure in South Korea

South Korea’s consumer finance platforms have taken another step toward tokenized money. Kakao Pay and Kakao Bank have signed a memorandum of understanding with Fireblocks to study secure digital asset infrastructure in the country, with stablecoins at the center of the work. The non-binding pact,… Read More

People Will Switch from Local Currencies to Dollars as Stablecoins Become More Prominent: Report

Silicon Valley Bank and Sphere Labs have jointly published a report, called Runaway Dollarization, on dollar-based payment stablecoins- effectively, regulated digital dollars. The thesis is that the growth of digital dollars will boost dollarization in a positive way while also reducing reliance on local currencies… Read More

Circle Allows Institutions to Borrow Stablecoin USDC Against Bitcoin without Selling BTC

Circle (NYSE: CRCL) has opened a new path for institutions that want dollar liquidity without selling their bitcoin. Through Circle Mint, eligible clients can now pledge BTC as collateral and borrow USDC, keeping their long-term bitcoin exposure intact while tapping onchain credit markets. The product… Read More

Singapore based Stablecoin Payments Firm dtcpay Reports Series A Funding

Singapore-based stablecoin payments company dtcpay has completed its Series A financing at US$25 million after bringing Japan’s SBI Group in as a strategic investor. The round was first led earlier in 2026 by Vertex Ventures Southeast Asia & India. SBI Group is participating through SBI… Read More

Circle Introduces Arc Public Mainnet with Institutional Validators

Circle Internet Group (NYSE: CRCL) has opened the public mainnet of Arc, an open Layer-1 blockchain the company positions as infrastructure for markets, fast settlement, and automated onchain activity. The network went live on September 16, 2026, after a private mainnet period and a public… Read More

Wirex One Launched as “Stablecoin Neobank”

Wirex has announced the launch of Wirex One, which is described as a “stablecoin neobank.” The goal is to serve the mass affluent by acting as a private bank. A neobank is typically a digital application that provides services similar to traditional banks, frequently in… Read More

Fin.com Reports Seed Round to Turn Stablecoins into Local Cash

New York payments startup Fin.com has come out of stealth after securing a $20 million seed round, positioning itself as infrastructure that turns digital dollars into money people can actually spend in local accounts and wallets. The financing closed in August and was publicly disclosed… Read More

Bitcoin, Ethereum, Tron Transfers Can Vary Significantly Depending on How They’re Counted : BIS

A recent working paper from the Bank for International Settlements (BIS argues that many of the headline figures used to describe cryptocurrency and decentralized finance activity can mislead more than they illuminate. Drawing on roughly 100 billion records from Bitcoin, Ethereum and Tron, the researchers… Read More

Send this to a friend