Stablecoins
Treasury's Bessent sees crypto as America's next tool for keeping the U.S. dollar on top
Speaking at Ripple's conference, the U.S. Treasury Secretary said the SEC and CFTC action could help fill the gap left by the Clarity Act's failure, while curbing crypto debanking.
Brazilian companies turned to stablecoins on election day to dodge a currency crash
USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT pair fell.
Robinhood taps Ripple’s $2.5 billion RLUSD stablecoin despite backing rival USDG
Robinhood helped launch a rival dollar-backed token, USDG, but will also offer Ripple's stablecoin to retail customers later this year.
Japan's top yen stablecoin falls short of its target in a disappointing first year
CEO Noritaka Okabe blamed a 1 million yen per-transaction cap for Type II funds transfer providers, which has slowed corporate adoption.
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach.
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within three business days.
HSBC rolls out its first stablecoin to over 3 million everyday app users
HSBC and Standard Chartered-led Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began rolling out HKDAP in August.
Sweden’s central bank revives e-krona debate as stablecoins and digital euro loom
The Riksbank sees an e-krona as critical to securing national payments and monetary control.
France's parliament approves vote to hit stablecoin trades with 31% capital gains tax
Amendment I-3898 removes tax deferral for MiCA-compliant stablecoins starting January 2027.
Zerohash rolls out a new tool to move crypto without copying wallet addresses
The launch comes as Zerohash bids for a federal trust charter.
