Stablecoins

Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently.

Circle soars after securing U.S. trust bank approval in crypto expansion
The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system.

Sony secures conditional approval to set up U.S. stablecoin trust bank
The New York-based subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.

Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month.

Banks have stopped asking if stablecoins belong in finance, now they're considering how
Financial institutions are racing to become the secure gateways for stablecoins as digital asset volume is projected to explode by 2030.

This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token's volumes have fallen sharply this year.

Three years after MiCA became law, Europe's crypto framework is undergoing a rethink
Europe’s MiCA regime is now up for review, known colloquially as “MiCA 2.0,” through a consultation that closes around September.

Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
The investment bank said new competition from the Stripe- and Coinbase-backed stablecoin consortium could pressure USDC's growth.

French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV.

Europe is rewriting its landmark crypto rulebook MiCA as hard July 1 deadline passes
The EU is reviewing whether its landmark crypto regulation MiCA needs updating for a market reshaped by stablecoins and tokenization.

