PayPal expands stablecoin rails with custom token issuance platform
The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay. Source：CoinDesk
U.S. Bank takes next step towards launching its stablecoin with cross-border payment test
The fifthlargest U.S. commercial bank said it is exploring USBDC stablecoin for treasury payments, liquidity management and collateral after completing a live…
Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin
The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans. Source：Cointelegraph
Visa brings onchain credit to its growing stablecoin card business
Visa is combining VisaNet settlement data with blockchain lending as stablecoin payment volume on its network jumps nearly 200% year over year.…
Circle agrees to buy cross-border payments firm Tazapay for $400 million
The deal could grant Circle vital, regulated "lastmile" infrastructure, bridging the gap between stablecoins and traditional local banking systems.…
Visa combines VisaNet data with onchain lending to power stablecoin card working capital
Visa's stablecoin settlement volume surpassed a $20 billion annualized run rate, up 15x year over year. Now it wants blockchain lenders to use that data to…
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.…