Tagged: stablecoins

Blockchain Association Calls for Sharper Boundaries in Treasury’s GENIUS Act Stablecoin Rules

The Blockchain Association submitted a detailed 26-page comment letter on October 19, 2026, responding to the U.S. Department of the Treasury’s proposed regulations implementing Section 3 of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. Section 3 establishes the core framework for… Read More

Stablecoin Remittance Routes Deliver Significant Cost Savings, Lowering TX Fees By Over 80%

Data released by Borderless.xyz in its second-quarter 2026 Benchmark Report demonstrate that stablecoin-based delivery of cross-border payments has produced meaningful overall savings relative to conventional banking channels, while also enabling far quicker settlement than typical global bank wires. The report, built from nearly three million… Read More

AMEX, Marqeta, Visa, PayPal Among Giants Announcing Fintech Products and Partnerships Last Week

AMEX unveils Intelligence Framework The Intelligence Framework is AMEX’s recommended approach to capturing and authenticating a customer’s purchase intent before an AI agent completes a transaction. The framework then preserves that intent as a control throughout the transaction lifecycle. American Express aims to help advance… Read More

Mastercard Launches Global Money Platform to Integrate Stablecoin Balances with Traditional Banking and Card Payments

Mastercard (NYSE: MA) has unveiled a new infrastructure offering designed to blend conventional financial tools with digital assets. On October 15, 2026, the company, together with BVNK, introduced the Mastercard Global Money Platform. This marks the first significant product combination following Mastercard’s acquisition of the… Read More

Marqeta, Coinbase to Allow Customers to Issue Stablecoin Backed Cards

Card platform Marqeta (NASDAQ:MQ) and digital asset firm Coinbase (NASDAQ:COIN) are expanding an existing relationship to help enterprise customers issue stablecoin-backed cards. Coinbase will custody the stablecoin and convert between digital assets and fiat. Coinbase will use Base as its blockchain. Marqeta will handle card… Read More

Global Fintech Funding Remains Robust: Report

Global Fintech funding remains robust, according to a report distributed by S&P Global Market Intelligence. According to S&P, Fintech startups raised $10.51 billion across 372 rounds Year over year during the same quarter; while there were fewer deals, total capital raised rose 25%, with 406… Read More

Ethereum (ETH) Captures Most of Recent Real-World Asset (RWA) Expansion while Tron (TRX) Dominates Weekly Stablecoin Inflows

On-chain finance continues to draw capital at a steady clip, and the latest weekly figures from Token Terminal illustrate a clear split in where that money is landing. Real-world assets (RWAs)—tokenized versions of funds, U.S. Treasury bills, credit products, equities, and commodities—showed concentrated growth on… Read More

Coinbase Infrastructure Underpins Samsung Wallet’s Galaxy Stablecoin USDC Launch

Samsung is preparing to place dollar-linked stablecoin transfers inside the digital wallet already installed on eligible Galaxy phones in the United States. The company said the capability will open in the final week of October and will begin with USDC, letting qualifying users move funds… Read More

Startale Japan Opens Digital Corporate Bond That Pays Interest and Principal in Yen Stablecoin JPYSC

Startale Japan has opened subscriptions for a digital corporate bond that settles both coupon payments and principal repayment in JPYSC, a yen-denominated stablecoin issued by SBI Shinsei Trust Bank. Announced on October 6, 2026, the offering is presented as the first Japanese digital corporate bond… Read More

Conduit Technology Files Lawsuit Against Tether Over Stablecoin USDT Transfer Freeze, Claims Issuer Has No Legal Claim to the Funds

Cross-border payments Fintech Conduit Technology has filed a federal lawsuit accusing stablecoin issuer Tether of locking roughly $2.76 million of the firm’s USDT and refusing either to release the balance or to explain the action. The complaint, lodged on October 5, 2026, in the US… Read More

OKX Launches Money App for Emerging Markets, Pairing Stablecoin Savings with Payments and Yields

OKX has introduced a standalone consumer application, OKX Money, aimed at users in selected emerging markets who want simpler access to dollar-denominated savings and everyday payments. The company presented the product as a way to save, send, and spend digital dollars without requiring customers to… Read More

Digital Assets Thoughts of the Week: Stablecoins, Regulation and More

Stablecoins, the GENIUS Act and the CLARITY Act “The Fed’s proposals show that stablecoins no longer need to wait for the broader market-structure fight to resolve. With the CLARITY Act stalled in the Senate, the GENIUS Act rulemaking is effectively making payment stablecoins the first… Read More

Aave Founder Stani Kulechov Criticizes European Central Bank Push to Restrict Stablecoin Yield and DeFi Access

Aave founder Stani Kulechov has publicly challenged positions taken by European authorities as the European Commission reviews the Markets in Crypto-Assets Regulation (MiCA). In comments published on October 2, 2026, he said he was disappointed by the European Central Bank and the European Banking Authority’s… Read More

Visa and Lloyds Bank Complete Live Stablecoin Settlement Pilot, Moving $750,000 Across Borders

Visa (NYSE: V) and Lloyds Banking Group have finished a week-long live experiment in using stablecoins for institutional settlement, showing that funds can move across borders far more quickly than on conventional rails—even when banks are closed. The trial, announced on 30 September 2026, is… Read More

RedCoin : HSBC to Launch Hong Kong Dollar Backed Stablecoin via PayMe

HSBC (NYSE: HSBC) has taken a visible step toward introducing a regulated Hong Kong dollar stablecoin, announcing that the token will be called HSBC RedCoin. The name was disclosed on 30 September 2026 as the bank prepares a commercial rollout later in the year. Officials… Read More

Fintech Firm Jeeves Reports New Funding to Scale Stablecoin Native Banking Platform

Miami-based Fintech Jeeves has closed a $110 million equity round to grow its stablecoin-native banking platform for companies that operate across borders. CoinFund led the financing, with AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, CRV, GIC, Global PayTech Ventures, ParaFi, Vista, Wintermute, Y Combinator and additional backers… Read More

Stand With Crypto: 50,000 Letters Sent to European Commission Demanding Stablecoin Rewards

Stablecoin rewards, or yield, are a contentious topic in the US and Europe. In the US, the battle is ongoing, but so far the legacy banking sector has the edge, as direct yield has been banned. The GENIUS Act, the US stablecoin law, bars permitted… Read More

Circle, Volante Technologies Partner to Embed USDC Stablecoin Payments into Banking Infrastructure

Circle (NYSE: CRCL) and Volante have announced a partnership designed to help banks fold stablecoin payments into the systems they already run, rather than forcing them to stand up a parallel digital asset platform. On September 28, 2026, Volante Technologies, a payments-as-a-service provider whose platform… Read More

South Korea Considers Licensed Crypto Market Makers After JPYC’s Fourfold Listing Spike

South Korea’s Financial Services Commission (FSC) is studying whether a formal market-maker regime should be written into the country’s next digital asset law after a yen-linked token listed on Upbit briefly traded at several times the value it is meant to hold. The catalyst was… Read More

Mastercard’s Busy Week Tops Last Week’s Product Releases and Partnerships

SoFi, Mastercard partner on card payment stablecoin settlement The system connects blockchain-based settlement and established card infrastructure. Stablecoins will settle transactions within the normal card experience. Moov Money built on Visa, Mastercard rails Moov Money enables consumers to send and receive money through their existing… Read More

Send this to a friend