Stablecoins
Blockchain’s Fannie Mae moment, Bitcoin treasury shakeout & AI agents that pay
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie sits down with Michael Tannenbaum, CEO of Figure Technology Solutions, to unpack the company's record quarter, its self-described "Rule of 150," and why it sees blockchain as a standardization engine for capital markets. Then, Lance Vitanza, Managing Director and Senior Research Analyst at TD Cowen, explains why the 2026 digital asset treasury shakeout has clarified the model rather than broken it—and what separates the companies built to last from the rest. Plus, Sid Coelho-Prabhu, Head of Coinbase Business, breaks down Coinbase's bet on AI agent payments, why stablecoins like USDC are emerging as the currency of agentic commerce, and how the x402 protocol could reshape the way businesses get paid.
Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin
The London-based multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
The firm raised $68 million as its revenue has grown six-fold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.
Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and subscriptions.
Elon Musk's X is exploring stablecoins to pay influencers and content providers
Conversations with X are ongoing, according to a person who also works with other social media platforms testing stablecoins to pay influencers.
AI could supercharge crypto but there’s a catch, Fidelity Digital Assets says
AI agents could boost crypto activity, but much of the value may bypass blockchains and their tokens.
U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'
The Financial Accounting Standards Board, a nonprofit that governs accounting practices, proposed that certain stablecoins should fit the bill as cash-like.
HashKey taps Hong Kong's first regulated stablecoin to settle insurance and trade deals
Following institutional trials, the HKD-pegged asset is being put to work to capture part of Hong Kong's $49 billion trade corridor with the United Arab Emirates
Crypto’s easy-money era is ending in a wave of failures
Inflated valuations and weak business models are driving crypto’s shakeout, Global Settlement Network CEO Ryan Kirkley says.
Visa looking for new stablecoin settlement partner after BVNK sale to Mastercard
Visa’s request for product (RFP) talks about the need to support a range of stablecoins.
