Stablecoins

Stablecoins

Markets

Chainlink teams up with 47 South Korean, European banks to speed up international money transfers

The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.

Niki Ariyasinghe, Chainlink’s vice president of Asia-Pacific and the Middle East. (Chainlink/Media)

Policy

The ECB digital euro takes step forward after winning key European Parliament vote

EU lawmakers backed a legal framework to develop an ECB digital currency by 2029 so the continent can stop relying entirely on U.S. credit card and stablecoin giants.

EU Parliament. (Marius/Unsplash)

Finance

MoneyGram joins Solana as validator amid stablecoin payment push

The remittances firm has become a validator on the Solana blockchain, helping process and secure transactions as it expands its stablecoin payments strategy.

Anthony Soohoo, Chairman and CEO of MoneyGram, speaking at Consensus 2026 (CoinDesk)

Policy

Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap

The U.K. central bank abandons retail holding limits for a 40-billion-pound aggregate cap and sweetens yield terms for token issuers ahead of a 2027 market launch.

A pedestrian walks past the entrance to the Bank of England (Unsplash)

Policy

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch

The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it's now open for public comments.

U.S. Federal Reserve Board in Washington (Jesse Hamilton/CoinDesk)

Markets

Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says

Long-time bitcoin bull Matt Hougan told CoinDesk that during this bear market and with ‘doubts swirling’, investors have found ‘it easier to reach for something more tangible:’ stablecoins and tokenization.

Bitwise CIO Matt Hougan. (Bitwise/Press)

Markets

Fidelity joins Wall Street's race to manage stablecoin reserves

Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market.

CoinDesk

Markets

BitGo stock surges on $50 million share buyback as value languishes 65% below IPO price

The buyback comes as newly public digital-asset firms face a tougher environment, with crypto markets lagging and investor attention shifting toward AI stocks.

BitGo at NYSE. (X/Matt Ballensweig)

Finance

Fifth-generation Kanoo group member is moving a $6 trillion trade market onto blockchain rails

Abdulla Kanoo says his ARP Digital firm is building settlement infrastructure for the growing flow of trade between emerging economies, a market that could reach $32 trillion by 2030.

(Kanoo Group)

Finance

Forget retail traders: The real multi-trillion-dollar crypto future is building infrastructure for machines

While legacy banks keep corporate money idled in slow regional accounts, a new protocol allows software systems to settle multi-currency trade instantly.

Bernardo Bilotta, Stables CEO and Founder. (Olivier Acuna/CoinDesk)