Stablecoins
Citrea unveils U.S. Treasury-backed stablecoin for its Bitcoin ecosystem
The first stablecoin issued through MoonPay’s launchpad aims to solve liquidity fragmentation by issuing natively on Citrea.
Bank of America CEO says stablecoins could drain trillions in bank deposits
BofA CEO Brian Moynihan echoed other banks in warning that $6 trillion in bank deposits were at stake, even as he said the bank will “be fine.”
Crypto bill delay 'may ultimately be constructive' for final product, Benchmark says
Delayed markups could give Congress time to resolve issues that may determine how, and whether, institutions fully enter U.S. crypto markets, broker Benchmark said.
Societe Generale works with Swift to settle tokenize bonds using cash and stablecoins
The bank’s digital asset division SG-FORGE used its MiCA-compliant EUR CoinVertible stablecoin.
The Protocol: Vitalik Buterin flags stablecoin design flaws
Also: Zcash token falls after developer quits, Smart Cashtags and BTC quantum computing defense
Pakistan signs deal with WLFI-linked crypto business for cross-border payments
The agreement would explore integrating a dollar-backed stablecoin into Pakistan’s regulated payments system as the country ramps up plans for digital currency and virtual-asset rules.
Visa teams up with BVNK to launch stablecoin payouts
The new feature lets companies send money to digital wallets instantly, even outside banking hours.
ClearBank taps crypto custody firm Taurus to power stablecoin services
The U.K. clearing bank has selected Taurus' wallet infrastructure as it expands into digital assets and stablecoin-based payments.
VelaFi raises $20 million in Series B to expand stablecoin payments infrastructure
The LatAm-based company said the funding will support expansion across the U.S. and Asia.
Tether freezes $182 million in USDT stablecoin across five Tron blockchain wallets
The freezes were part of Tether's policy to comply with U.S. Treasury sanctions and were executed in a coordinated manner.
