Uzbekistan begins government bond-backed stablecoin payment pilot
Humo Digital will test HUMO payments with more than 20 merchants under a sandbox jointly overseen by NAPP and Uzbekistan’s central bank. Source:Cointelegraph
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…
Swiss stablecoin sandbox enters testing phase, adds two new partners
Financial market operator SIX and payment app TWINT have joined numerous banks in the sandbox seeking to develop a Swiss francbased stablecoin.…
Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds
Buying pressure in Binancepaired currencies correlates with local currency depreciation as market makers balance positions. Source:CoinDesk
Crypto Biz: AI took a back seat when Bitcoin started climbing
Corporate crypto bets are getting bigger as rising markets reward direct exposure, putting balancesheet strategies and institutional adoption back in focus.…
Revolut, OpenReserve get preliminary US bank approval with crypto plans
Revolut and OpenReserve received preliminary OCC approval to form US national banks, with both planning cryptocurrency and stablecoinrelated services.…
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.…
Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network
Mantle has added Paxosissued USDG as a natively minted stablecoin while joining the network’s rewardsharing structure. Source:Cointelegraph
Kraken parent Payward partners with SoFi on stablecoin, 24/7 settlement
The deal will bring SoFiUSD to Kraken, connect Payward to SoFi’s 24/7 dollar settlement network and give SoFi access to digital asset liquidity through Kraken…
BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch
The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a eurodenominated offering next.…
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. Source:CoinDesk
Kast launches stablecoin-powered business platform after $80M raise
Kast aims to onboard between 1,000 and 5,000 active businesses to its new platform by the end of 2026. Source:Cointelegraph