Banks escalate stablecoin rewards fight as Senate prepares for a Clarity Act vote
Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banksversuscrypto dispute alive in Congress.…
Fragmented regulations limit stablecoin adoption in international finance: WTO head
Stablecoins may reduce trade finance friction, fragmented regulatory regimes limit their adoption to just 3% of global payments, according to the World Trade…
Circle's $400M Tazapay deal buys emerging market links that take ‘years to build’
Stablecoins' “next battleground is in emerging markets,” one expert said, as Circle looks to expand USDC's reach where rival Tether has long been strong.…
Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD
Payments and capital markets are driving growth for Ripple's $2.4 billion digital dollar as it looks to bring RLUSD to Europe under MiCA, the firm's Jack…
Anchorage Digital adds institutional access to Frgmnt’s fUSD stablecoin
The US federally chartered crypto bank will allow institutional clients to hold, mint, redeem and stake Frgmnt’s fUSD stablecoin through its custody platform.…
UK House of Lords backs mandatory digital asset strategy over Labour position
The amendment would require the UK Treasury to develop a strategy covering cryptoassets, stablecoins, tokenized securities and digital financial…
MoneyGram launches Visa stablecoin card as remittance rivals expand
MoneyGram is following rival Western Union’s lead, rolling out a Visa stablecoin debit card as it expands blockchainbased payments. Source：Cointelegraph
MoneyGram unveils stablecoin-backed card as digital dollars move into everyday spending
The remittance giant is rolling out a Visa card that lets customers hold dollars and spend from a stablecoinbacked balance. Source：CoinDesk
Coinbase, Moov to provide stablecoin infrastructure for US community banks
The partnership will provide stablecoin acceptance, settlement and realtime funding capabilities to over 1,000 community banks and credit unions.…
U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction
The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain. Source：Cointelegraph
Tether pushes into private credit with $400 million fund with Fasanara
The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network. Source：CoinDesk
Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro
Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Europegged stablecoins…