Stablecoins

Could Stablecoins Spark a New Contagion? BIS Warns, Coinbase Pushes Back
Not all agree with some recent sentiment that stablecoins pose a threat to global financial stability.

Stablecoin Spending Goes Mainstream With Opera MiniPay’s LatAm Integration
The feature connects USDT balances to PIX and Mercado Pago, enabling users to pay with QR codes and converting to local currency instantly.

Canada Approves Budget That Advances Policy for Stablecoins
The Canadian government narrowly won favor in Parliament for its budget push that includes a new policy governing stablecoins.

Deutsche Börse to Add SocGen’s MiCA Stablecoins to Core Market Systems
Move brings regulated euro and dollar stablecoins into Deutsche Börse’s settlement and collateral tools.

Africa Embraces Stablecoins Via IOTA to Unlock $70B Pan-Continent Trade Tech
Formed in partnership with the Tony Blair Institute and the WEF, the initiative aims to overhaul trade with USDT payments across 55 African nations.

BNY Eyes $1.5T Stablecoin Market With New Reserve Fund for Issuers
The bank aims to provide a key piece of infrastructure for stablecoin issuers to back the value of their tokens, similarly to BlackRock's Circle Reserve Fund for USDC.

Singapore's Central Bank to Trial Tokenized Bills, Introduce Stablecoin Laws
The Monetary Authority of Singapore sees a wholesale CBDC as an anchor for a system in which private settlement assets are used for different market needs.

Sui Launches Native Stablecoin USDsui Using Bridge’s Open Issuance Platform
The new U.S.-compliant USDsui aims to link the blockchain’s $200bn monthly stablecoin volume to Bridge’s interoperable platform.

Circle’s USDC Keeps Climbing; William Blair Reiterates Outperform After 3Q Results
The bank said USDC remains the frontrunner to dominate digital dollars as the company's third-quarter results topped forecasts.

Circle Q3 Profit Triples, Beating Estimates, on USDC Growth
The shares slid in anticipation of lower U.S. interest rates, which would reduce revenue from reserve assets held to back the second-largest stablecoin.

