Tether expands tokenization business into Saudi Arabia, starting with real estate
The stablecoin issuer is extending its tokenization business into Saudi Arabia, starting with institutional real estate assets with plans to expand to other…
Yen stablecoin issuer JPYC’s Series B reaches $38M
JPYC said it plans to use the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yenpegged token. Source：Cointelegraph
Western Union brings stablecoin remittances to Visa network with Stablecard
The remittance giant is rolling out Stablecard across 37 markets, targeting crossborder payments and consumers seeking US dollardenominated savings in volatile…
Mastercard, Borderless test shared identity checks for stablecoin transfers
Mastercard and Borderless are exploring ways to bring more trust into crossborder stablecoin transfers through the payment processing giant’s Crypto Credential…
Yellow Card raises $40 million to link banks to stablecoin processing
The funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago. Source：CoinDesk
Circle Q2 revenue falls short of Wall Street estimates
Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million. Source：Cointelegraph
Circle shares jump as earnings beat offsets revenue miss, Arc blockchain gains Wall Street backing
Shares jumped 10% in premarket trading as the stablecoin issuer revealed institutional adoption for its layer 1 blockchain Arc. Source：CoinDesk
S&P gives BlackRock tokenized reserve fund top stability rating
The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowestrated stablecoins under its…
Cloudflare introduces wallets for AI agents, plans stablecoin payments
Cloudflare introduced programmable Wallets for AI agents and said payment features using stablecoins will launch in a future update. Source：Cointelegraph
US, UK reaffirm support for stablecoins, tokenization in joint financial regulation talks
In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and crossborder cooperation, reinforcing a…
Open USD rattled Circle's stock, but its key backers still support USDC
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct…
Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.…