SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7. Source：Cointelegraph
American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress
Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield.…
Tether backs Bolivian fintech bringing USDT payments to food delivery and banking
The investment will support Peso’s expansion across four Latin American markets, where it connects stablecoin payments to merchant services and local banking…
Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform
The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”…
Crypto Long & Short: Why real-world assets need fixed-rate loans onchain
Realworld assets already back the largest stablecoins, yet borrowing against them onchain still runs through variablerate pools. Peter Gaffney of O2O Capital…
OCC finalizes GENIUS Act rules for stablecoin issuers and custody
The Office of the Comptroller of the Currency’s final rule covers payment stablecoin issuance and some custody activities, with the GENIUS Act framework taking…
Japanese visitors may be able to pay with yen stablecoins in South Korea under Shinhan-SBI pact
The collaboration will explore cardlinked merchant payments for Japanese visitors in South Korea and peertopeer wallet transfers among broader crossborder…
OCC's final rule to start fresh in weighing stablecoin rewards against GENIUS Act ban
The U.S. Office of the Comptroller of the Currency is the first of several federal agencies to finish writing regulations under the act. Source：CoinDesk
Shinhan, SBI make Japan-Korea tourist spending a test case for yen stablecoins
The companies will assess safeguards for travelers and whether stablecoins can speed up trade settlement between South Korea and Japan. Source：Cointelegraph
Injective, BDACS plan Korean won stablecoin settlement for tokenized assets
Injective and BDACS plan to bring wonbacked stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency…
Stablecoin transfers quadruple to $891B as US banks expand adoption: Report
Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.…
Tx launches USTX stablecoin to pull RWA liquidity onto its chain
The Braleissued token can be minted with USDC from eight networks and is designed to settle tokenized stocks and other assets on tx. Source：Cointelegraph