Stablecoins
Circle agrees to buy cross-border payments firm Tazapay for $400 million
The deal could grant Circle vital, regulated "last-mile" infrastructure, bridging the gap between stablecoins and traditional local banking systems.
Visa combines VisaNet data with onchain lending to power stablecoin card working capital
Visa's stablecoin settlement volume surpassed a $20 billion annualized run rate, up 15x year over year. Now it wants blockchain lenders to use that data to extend credit to the issuers driving the growth.
Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says
South Korea’s budget office warned that stablecoin adoption could reduce banks' roles as credit intermediaries and potentially destabilize token pegs during mass redemptions.
Stablecoin wallets challenge traditional bank accounts as main consumer money hub
Industry leaders debate whether digital dollar wallets will dismantle traditional bank accounts or simply modernize the underlying infrastructure.
A two-key breach could hand control of $91 billion in USDT to hackers, report finds
The rating agency's new framework combines Wall Street financial auditing with Web3 code reviews to evaluate both off-chain reserves and on-chain security.
Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds
Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions.
South Korea targets February 2027 rollout for full tokenized securities market
Financial regulators unveiled a phased roadmap moving traditional capital markets onto distributed ledgers, concluding with onchain stablecoin settlement.
Citi, Goldman, other global banks and asset managers team up on stablecoin venture
The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion.
Ethena pushes stablecoins into everyday banking with high-yield savings, cards and payments
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement.
Singapore proposes 100% reserves and a ban on yields for stablecoin issuers
The country’s financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves the way for the recognition of foreign stablecoin.
