Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.…
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
The venture, known as Project Faro, plans to issue a dollardenominated stablecoin and is expected to be incorporated in the U.S. Source：CoinDesk
Plume affiliate lands broker-dealer license to bring real U.S. assets onchain
Kimber Digital Securities secured SEC and Finra approvals, a regulatory milestone paving the way for the delivery of legally binding claims, dividends, and…
Will stablecoins survive once the banks catch up?
As crypto firms and banks converge, it is fair to ask what lasting advantage stablecoins have, argues Alessandro Hatami, founder of Pacemakers and former COO…
Securitize agrees to buy River One to expand into asset-backed lending
Securitize agreed to buy River One to bring stablecoin funding to assetbacked lending and expects the deal to close in the fourth quarter of 2026.…
The $2.85B Binance hackers lost shows why the UK needs stablecoin freeze rules
The Binance hack proved stablecoin freezes work. Now the UK should make clear freeze rules a condition of listing coins. Source：Cointelegraph
The crypto industry has found new ways to grow. Making money from them is another story
Coinbase, Robinhood and Circle are expanding into stablecoins, payments and prediction markets, but their latest earnings show how hard it is to escape…
Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.…
Trump-backed World Liberty Financial plans token buyback after 66% year-to-date slide
The crypto venture may use fees from its USD1 stablecoin reserves to fund token purchases as it seeks to boost governance. Source：CoinDesk
Asian crypto exchanges batten down the hatches as hacks surge: Asia Express
Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AIassisted hacks, even as regional governments embrace tokenization…
France budget rejection sidelines stablecoin tax, wallet reporting
Three adopted amendments, including stablecoin taxation and selfcustody reporting, fall away but could be reintroduced in the Senate. Source：Cointelegraph
Tokenization and stablecoins may weather Democrats' sweep as broader crypto rules face uncertainty
Wall Street's push to bring finance onto blockchain rails may continue under existing laws, though the SEC and CFTC face tougher oversight and questions over…