Stablecoins

SocGen’s Crypto Arm Unveils Dollar Stablecoin on Ethereum and Solana
SG Forge’s USD CoinVertible has Bank of New York Mellon acting as reserve custodian for the token.

Plasma’s XPL Token Sale Attracts $500M as Investors Chase Stablecoin Plays
The oversubscribed raise follows stablecoin issuer Circle’s massive IPO last week, underscoring investor appetite for stablecoin-related projects.

Deutsche Bank Considers Stablecoin or Joining Industry-Led Initiative, Exec Says
The bank is also weighing a tokenized deposit system to make payments more efficient, as regulatory clarity and pending legislation accelerate stablecoin adoption.

Senate Stablecoin Bill Likely to Win Massive Bipartisan Support, Dem Lawmaker Says
Republicans "adopted a lot of the amendments" Democrats wanted, Sen. Ruben Gallego said.

Crypto Lender Maple Finance Expands to Solana With Chainlink
Maple’s ecosystem has allocated $500,000 in incentives and coordinated over $30 million in liquidity.

U.S. Federal Reserve's New Supervision Chief Will Wield Crypto Authority
Whether it's crypto's access to banking or the issuance of stablecoins, new Fed supervision chief Michelle Bowman will have a say.

Branded and Established Stablecoins Are Not Competitors; They’re a Power Combo
Branded and established stablecoins win when they work together, writes Bastion CEO Nassim Eddequiouaq.

Stablecoins Are Quietly Reinforcing U.S. National Power
Dollar-backed stablecoins are reinforcing dollar dominance, funding U.S. debt, and extending financial influence far beyond our borders.

Stablecoin Bills in House and Senate Still Need to Mesh on Several Points: French Hill
The U.S. crypto bills are similar but must work out matters of acceptable foreign oversight, who regulates in the U.S. and on Big Tech issuers, the top lawmaker said.

BCB Strikes Deal with SocGen–FORGE to Distribute Euro-Pegged Stablecoin EURCV
EURCoinVertible (EURCV) is one of the first stablecoins to comply with the EU’s Markets in Crypto Assets (MiCA) framework, which came into effect earlier this year.

