Tagged: stablecoins

Paolo Ardoino Brushes Off Comments from Skeptics Following Tether’s KPMG US Financial Audit

Tether CEO Paolo Ardoino has recently pushed back against ongoing criticism from parts of the crypto community after the company completed its first full independent financial audit. In comments made shortly after the results were disclosed, Ardoino said persistent skepticism from detractors does not concern… Read More

Agentic Offerings Dominated Last Week’s Product Releases and Partnerships

New agentic AI services from TransFi, OSL Group and Ionic highlight this week’s fintech product release and partnership announcements. TransFi launches JARVIS, an AI-powered compliance intelligence platform JARVIS consolidates customer and transaction data from across its internal systems and third-party providers into a single, risk-based… Read More

Polygon Labs Partners with NOBO Finance and Dun & Bradstreet in Bank of England Digital Pound Lab Phase 2

Polygon Labs has entered Phase 2 of the Bank of England’s Digital Pound Lab, collaborating with NOBO Finance and Dun & Bradstreet. The initiative focuses on examining near-instant cross-border settlement and portable credit identities for businesses, leveraging Polygon’s Open Money Stack technology. The Digital Pound… Read More

Consumer Fintech Chime Explores Integrating Stablecoin Capabilities

Consumer focused financial technology company Chime Financial (NASDAQ: CHYM) is evaluating the addition of stablecoin-related tools to its mobile banking platform. This development signals a broader industry shift in which digital assets once confined largely to cryptocurrency trading are increasingly considered for everyday payment and… Read More

Tether Announces Audit by KPMG, Reports Positive Opinion from Auditor

Tether, the issuer of the USDT stablecoin, has long been dinged for questions about the reserves backing its digital dollar, the leading digital asset in the stablecoin sector. Today, Tether shared that KPMG US has issued a positive opinion on the firm following a complete audit. The… Read More

Stablecoins, Crypto Investing, & the Coldcard Hack: Digital Assets Thoughts of the Week

The Digital Assets sector had plenty to say on stablecoins, the Coldcard hack, and crypto investing this week. Stablecoins “It’s a demand-side story for treasuries at exactly the moment the traditional buyers are stepping back. “The traditional U.S. marginal debt buyer was the foreign official sector,… Read More

MoonPay Introduces Platform for Stablecoin Transfers, Issuance, Treasury Management

MoonPay has introduced MoonPay Enterprise, a stablecoin infrastructure solution aimed at banks, financial technology firms, and merchants seeking streamlined global payment capabilities. This marks the company’s most significant platform growth since purchasing the stablecoin infrastructure firm Iron in March 2025. The offering unifies several key… Read More

Circle Reveals Institutional Validators for Arc Blockchain Ahead of September Mainnet Debut

Circle Internet Group (NYSE: CRCL) has unveiled the initial group of validators set to secure its Arc blockchain, marking a key step toward the network’s public mainnet launch scheduled for September 16, 2026. The announcement highlights a deliberate approach that places established financial institutions at… Read More

Japan’s Stablecoin focused Firm JPYC Secures Additional Series B Funding

Tokyo-based JPYC Inc., the issuer of Japan’s regulated yen-pegged stablecoin, has completed an extension of its Series B funding round, bringing the cumulative total raised in the series to roughly 6 billion yen (about $38 million). The company disclosed the development in an official announcement,… Read More

Partior and OpenAssets PoC Confirms Atomic Settlement of Stablecoins and Tokenized Deposits

A recent joint proof-of-concept between Partior and OpenAssets has shown that digital assets, regulated stablecoins, and commercial bank tokenized deposits can complete simultaneous, risk-free settlement. The exercise points to a practical route for continuous, always-on atomic clearing that uses tokenized deposits as the central settlement… Read More

Western Union Teams Up with Stablecoin Infrastructure Firm Rain to Introduce Stablecard

Western Union (NYSE: WU) has rolled out a new product called Stablecard, developed together with the stablecoin infrastructure firm Rain. The offering pairs a digital wallet holding the company’s own dollar-linked token, USDPT, with a Visa secured credit card. The goal is to let people… Read More

Bahrain based Fintech Infinios Activates Live Stablecoin Settlement with Mastercard

Bahrain-based fintech Infinios has launched operational stablecoin settlement services in partnership with Mastercard (NYSE:MA), reportedly becoming the first issuer in the Kingdom of Bahrain to do so. The move enables the use of regulated stable digital currencies for settlement processes and positions Bahrain more strongly as… Read More

Perspective: DeFi is Losing the Plot

Everyone in DeFi is talking about the “Earn” Wars. Robinhood, Coinbase, Revolut, and Kraken are competing for retail balances. Protocols like Aave, Morpho, and Ethena are competing to be the borrowing strategy. Vault providers are competing to package it, and strategists like Steakhouse, Gauntlet, Sentora,… Read More

Are Stablecoins Efficient for Remittances? Banca d’Italia Report Tests Stablecoin Usage

The Banca d’Italia has published a report on digital currency asking the question: Are Stablecoins Efficient for Remittances? The goal was to determine if stablecoins provided an improvement over more traditional payments and transfers regarding cost and speed. The paper reviews transfers of $200 in… Read More

Stablecoin USDT Issuer Tether Reports $1.5B Q2 2026 Profit, Increases Bitcoin and Gold Holdings

Digital assets firm Tether has released its second-quarter 2026 financial figures, highlighting steady operational results and strategic adjustments to its reserve portfolio. The company, known for issuing the USDT stablecoin, recorded approximately $1.5 billion in net operating profit for the three months ending June 30,… Read More

Stablecoins, Tokenization and Crypto: Digital Assets Thoughts of the Week

South American stablecoin usage rising “Brazil’s regulators are already tightening control over stablecoin flows and virtual-asset service providers, and they’re doing it in tiers. Under Resolution 561, virtual assets can no longer settle transactions inside the regulated eFX system, so cross-border payment and receipt flows… Read More

Blockchain Intelligence Firm Elliptic Examines How Sanctions Strangled Russian Ruble based Stablecoin A7A5

Elliptic has pointed out that A7A5 emerged as a specialized digital asset designed to help Russian firms navigate international restrictions. Pegged to the ruble and launched in early 2025 by entities tied to sanctioned Russian interests, including a state-linked bank and a controversial figure with… Read More

Visa Stays Neutral as Open USD Draws Comparisons to Stablecoins USDT and USDC

Visa (NYSE: V) CEO Ryan McInerney declined to position the Open USD stablecoin as a direct competitor to Tether’s USDT or Circle’s USDC during the company’s fiscal third-quarter 2026 earnings conference call. He instead emphasized a deliberately neutral stance focused on supporting the broader stablecoin… Read More

MiFinity Launches Stablecoin Payouts Enabled by BVNK for Global Settlements

MiFinity, a key player focused on global payment solutions, has introduced PayAnyCoin, an enterprise-level payout offering. This service allows merchants to execute secure international transfers by utilizing stablecoins, which provide quicker processing, improved cost efficiency, and enhanced visibility for cross-border settlements. The new capability draws… Read More

FCA Shares Update on Stablecoin Sprint

Earlier this year, the UK Financial Conduct Authority (FCA) completed a “Stablecoin Sprint” to better understand the emerging digital currency market. The initiative included about 75 participants, including traditional finance and Fintechs, addressing payments and transfers. This past week, the regulator provided an update on… Read More

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