Tagged: stablecoins

Figure’s YLDS Accepted as Collateral on EDX

Figure’s  (Nasdaq: FIGR) YLDS, a digital asset that is a security, is now accepted as collateral on EDX Markets, an institutional crypto trading platform. YLDS,  a regulated yield-bearing security,  gives institutions flexibility to manage capital. EDX also said it will adopt YLDS as a treasury… Read More

Bank Policy Institute (BPI) Calls for Broader Identity Checks for Stablecoin Trading Platforms

In a recent filing with federal regulators, US banking associations have called for stronger customer identification standards to cover more of the stablecoin ecosystem. The Bank Policy Institute (BPI), working jointly with The Clearing House Association, submitted comments on a proposed rule from the Financial… Read More

Fasset Reaches $1B Valuation with SBI Group Backing its Stablecoin Payments Expansion Efforts

Fasset, a Los Angeles-based platform focused on stablecoin-powered digital banking, has secured a $1 billion valuation after closing a $68 million Series C funding round. Japan’s SBI Group (TYO: 8473) has reportedly led the investment, reinforcing support for the company’s strategy centered on cross-border payments… Read More

Circle Gets Price Target Updates

Circle (NASDAQ:CRCL), a leading dollar stablecoin issuer (USDC), has drawn analyst interest in recent days, including price target changes. Circle went public a bit over a year ago (June 5, 2025) at an initial public offering (IPO) price of $31 a share. So far, investors who… Read More

FASB Proposes Guidance on Stablecoins as Cash Equivalents

The Financial Accounting Standards Board (FASB) has proposed new accounting guidance aimed at clarifying when certain digital assets, including stablecoins, can be treated as cash equivalents under U.S. generally accepted accounting principles. The proposed Accounting Standards Update would provide illustrative examples to promote more consistent… Read More

Elon Musk’s Social Media Platform X Explores Stablecoin Options for Compensating Digtial Creators

X, owned by Elon Musk, is reportedly examining the use of stablecoins as a method for distributing payments to digital content creators and influencers. According to individuals familiar with the matter, the platform is engaged in discussions about leveraging digital assets pegged to traditional currencies,… Read More

Eskimo Partners with Triple-A to Enable Stablecoin Payments for Global Travel eSIM Plans

Eskimo, a provider of travel connectivity solutions, has launched support for stablecoin transactions on its platform by teaming up with payment specialist Triple-A. This development allows customers to complete purchases of global eSIM data plans using stablecoins directly at checkout, expanding the range of payment… Read More

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

DeFi Protocol Neutrl Temporarily Suspends Minting and Redemptions While Reviewing Reserve Concerns

Neutrl, a decentralized finance protocol offering a market-neutral synthetic dollar known as NUSD, has temporarily suspended minting, redemptions, and related protocol operations. The decision stems from circumstances that have affected its reserves, according to an official announcement. In a statement posted on X on August… 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

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