Tagged: stablecoins

Stablecoin Rules Under the GENIUS Act, Kick in 15 Days After New Congress Takes Over

The past two years have seen a House and Senate that were more supportive of Fintech innovation, including advocacy for digital asset development. As Congress switches sides and delivers a historic rebuke to Republicans and the White House, many questions linger about the type of… Read More

Japan’s Tax Refunds for Travelers will be Enabled on Avalanche via JPYC stablecoin

Starting November 1, 2026, eligible international visitors to Japan will be able to receive their consumption-tax refunds as the yen-pegged stablecoin JPYC, settled directly into digital wallets on Avalanche’s C-Chain. The service is being introduced by Japan Tax Free through its JapanRefund platform, in collaboration… Read More

Ripple, Robinhood, Mastercard, Klarna, Revolut Announce Products, Partnerships, Last Week

Ripple, Robinhood to expand RLUSD stablecoin reach Robinhood adds Ripple’s stablecoin infrastructure , in the hopes of making it more broadly available. Zen.com, Mastercard expand European Pay by Bank availability The union gives merchants and consumers more payment options directly from their bank accounts Revolut… Read More

Stablecoin USDT Issuer Tether Strengthens Financial Buffer to Nearly $8B After $1.5B Third-Quarter Profit

Tether International has released its third-quarter 2026 attestation, prepared by the global accounting firm BDO. The report covers the company’s financial figures and the composition of reserves supporting its USDT stablecoin as of September 30, 2026. Circulation of stablecoin USDT stayed broadly stable near $184… Read More

HSBC Introduces RedCoin Stablecoin for PayMe Users in Hong Kong

HSBC (LON: HSBA) has introduced its inaugural stablecoin, HSBC RedCoin (ticker RCHKD), making the Hong Kong dollar-denominated token available through the PayMe by HSBC application starting 23 October 2026. Issued under a licence from the Hong Kong Monetary Authority (HKMA) and subject to the city’s… Read More

PhotonPay Secures New Funding to Build Stablecoin focused Financial Infrastructure for Businesses

Hong Kong-based fintech PhotonPay has closed a $40 million Series C round to expand its stablecoin-centered Financial Operating System, aiming to link digital-asset liquidity more tightly with traditional banking, clearing, and card networks for everyday corporate use. Announced on October 29, 2026, the financing was… Read More

Ripple Targets $900M Revenue Run Rate as Stablecoin RLUSD Earns Moody’s Rating and Institutional Focus Accelerates

Ripple is projecting that it will finish 2026 with an annualized product revenue run rate of $900 million as it deepens its institutional focus across payments, custody, stablecoins, prime brokerage, and treasury services. The company reported that the number of customers and partners simultaneously using… Read More

Spending via Stablecoin Funded Debit Cards Approaches $1.1 Billion : Research

Stablecoin funded debit cards have crossed a key threshold: spending through them in a single recent month reached roughly $1.1 billion, already matching or exceeding the roughly $1.08 billion recorded across the entirety of 2024. This is not the launch of a new blockchain or… Read More

Coinbase Tells European Users to Withdraw Non Compliant Stablecoins

Coinbase (NASDAQ:COIN) has messaged European users that they must exit non-compliant stablecoins by this Friday (October 30). According to an update on the Coinbase website, digital assets that do not adhere to the Markets in Crypto-Assets Regulation (MiCA) will no longer be supported. The assets… Read More

Canada Begins 60-Day Consultation on Stablecoin Regulations, Aligning with U.S. GENIUS Act

The Canadian government published proposed Stablecoin Regulations in the Canada Gazette, Part I, Volume 160, Number 43, launching a 60-day public consultation that runs until 11:59 p.m. EST on December 23, 2026. The draft rules, sponsored by the Department of Finance, would implement the Stablecoin… Read More

BlackRock, SBI Holdings, Startale to Explore Linking Tokenized Money Market Funds with Yen Stablecoin JPYSC

SBI Holdings, Inc. (TYO: 8473) and Startale Group Pte. Ltd. announced that they had entered into a memorandum of understanding with BlackRock Financial Management, Inc. and BlackRock Japan Co., Ltd. The agreement focuses on examining the creation of a digital asset ecosystem that would connect… Read More

Thailand Launches WORPT Wallet Allowing Travelers to Spend Stablecoins via PromptPay

A Thai partnership has introduced a new digital wallet application that lets visiting travelers convert popular stablecoins into local currency and settle everyday purchases through the country’s widely used QR PromptPay system. The service, called WORPT, became available under Thailand’s Tourist DigiPay regulatory sandbox after… Read More

Stablecoins : Tether’s USDT Moves Beyond Payments to Become Core Infrastructure for Everyday Financial Services

Stablecoins such as USDT (also referred to as USDt) and USDC have moved well beyond their original role as tools for cross-border transfers and on-chain settlement. Across fintech applications and digital banking platforms, these fiat-pegged digital assets are increasingly embedded as practical payment and transaction… Read More

South Korea’s Crypto Regulatory Framework Nears Final Stage as Tax Timing Debate Intensifies

South Korea’s top financial regulator has signaled that consultations on a comprehensive digital asset law are approaching their conclusion, even as lawmakers and market participants step up pressure over the timing of a long-postponed tax on cryptocurrency gains. On October 22, 2026, during a comprehensive… Read More

MoonPay and Upbit Parent Dunamu Explore Partnership on Stablecoin Payments and GIWA Expansion

MoonPay and DunPay’s parent company Dunamu are exploring a strategic partnership focused on stablecoin-powered payments, corporate treasury tools, and broader global reach for Dunamu’s GIWA blockchain. On October 20, 2026, the New York-based crypto payments and stablecoin infrastructure firm MoonPay said it is moving forward… Read More

Tether Leads Pre-Seed Investment in Bolivian Fintech Peso to Scale USDT Payments Across Latin America

Tether, the issuer of stablecoin USDT, announced that it had led a pre-seed funding round for Peso, a Bolivian fintech startup focused on delivering payments, savings, and investment tools throughout Latin America. The capital injection is designed to broaden access to rapid and affordable stablecoin-based… Read More

Office of the Comptroller of the Currency Shares Final Stablecoin Rules Under the GENIUS Act

The Office of the Comptroller of the Currency (OCC) has posted its final rules for stablecoin regulation under the GENIUS Act, which became law in 2025. The OCC falls under the domain of the US Department of the Treasury, which has been working closely on… Read More

Tether CEO Paolo Ardoino Challenges Senate Probe, Says Proactive Stablecoin USDT TX Freezes Drove 94% Drop in Iran Linked Volumes

Tether has pushed back against a recent Senate investigation that portrayed its USDT stablecoin as a major conduit for Iranian financial activity, arguing that the inquiry overlooked the company’s proactive compliance efforts and their measurable impact on reducing related transaction volumes. Last month, Democratic staff… Read More

Mastercard Introduces Risk Intelligence Tool for Safer Stablecoin Transactions

Mastercard (NYSE: MA) has launched a new service designed to help banks and other financial institutions better evaluate the risks associated with stablecoin payments. Announced on October 19, 2026, during the Money20/20 USA conference in Las Vegas, the offering—called Stablecoin Security—combines traditional payment insights with… Read More

Anchorage Digital, Securitize Partner on Stablecoins

Anchorage Digital and Securitize (NYSE:SECZ) have revealed a partnership regarding stablecoins. Anchorage Digital is a federally regulated bank. Securitize is a leading tokenization platform that enables digital securities. According to a release, Securitize will support the direct minting and redemption of stablecoins powered by Anchorage…. Read More

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