Tagged: stablecoins

London based Stablecoin Firm Velocity Draws Visa, Circle and Ripple in $10M Series A Extension

London-based Velocity has added $10 million to its Series A, bringing the round to $48 million after a group of traditional finance and crypto investors joined the raise. Visa Ventures, Circle Ventures and Ripple participated alongside Haun Ventures, Translink Capital and Mirana Ventures, according to… Read More

Standard Chartered Sees DeFi Protocol SKY Token Surging 5x by End of 2028

Standard Chartered (LON: STAN) has opened coverage of Sky, the DeFi protocol formerly known as MakerDAO, with a long-dated bullish view on its governance token. Geoffrey Kendrick, the bank’s global head of digital assets research, put an end-2028 target of $0.325 on SKY—about five times… Read More

Coinbase Shares Crater Over 10% Following Vote on the CLARITY Act

Yesterday, Coinbase (NASDAQ:COIN) shares rallied. Today, the story is quite different, as shares of Coinbase are now down by over 10% following the disappointing vote on the CLARITY Act. While the vote was always expected to be close, in the end, supporters couldn’t even break the 50-vote… Read More

Everyone is Talking About How Silly the Banking Industry Looks Because of the FUD on Stablecoin Yield

Mr. Potter Banker Banking (1)

FUD, or fear, uncertainty, and doubt, can effectively influence individuals’ hearts and minds. The unknown can lead to risk, and the possibility of something bad happening, even when the probability is low, can drive decisions. FUD is what the banking industry has leveraged to strip… Read More

Ripple’s Stablecoin RLUSD Surpasses $2.4B Mark, Ethereum Holds Most of the Funds, Not XRP Ledger

Ripple USD (RLUSD) has grown into one of the larger regulated dollar stablecoins, with net circulating supply recently topping an all-time high of about $2.44 billion before settling near $2.42 billion. That expansion looks like a success story for Ripple’s dual-chain product. A closer look… Read More

Stablecoins, Blockchains, and the CLARITY Act: Digital Assets Thoughts of the Week

Stablecoins, in one way or another, dominate this edition of Web3 thoughts of the week. Lawyers speak out on the CLARITY Act, too. Stablecoins “The number of issuers is expanding quickly. A consortium of 21 financial institutions plans to launch a dollar stablecoin in 2027,… Read More

Solana Report : Stablecoins Can Reach Unbanked and Significantly Reduce Remittance Fees

Stablecoins are beginning to rewrite the playbook for global remittances, a market that has operated on aging infrastructure for decades. A Solana Foundation report argues that digital dollars on high-throughput blockchains can cut costs, speed settlement, and expand access in ways traditional money-transfer rails have… Read More

Diameter Pay Reports New Funding to Scale Dollar Accounts and Stablecoin Payment Rails

Diameter Pay has raised $10 million in Series A funding to expand a payments platform built around U.S. dollar accounts, conventional payment rails, and stablecoin on- and off-ramps. CMT Digital and Lightspeed Faction co-led the equity round. SixThirty Ventures, the Stellar Development Foundation, Tech Council… Read More

Wirex Partners with Tempo to Enable Stablecoin backed Card Launches

Enterprise demand for stablecoin-backed cards is accelerating, and a new partnership is designed to shorten the path from concept to live product. Wirex, a global stablecoin infrastructure company and principal member of both Visa and Mastercard, has brought Tempo onto its platform as a settlement… Read More

MoneyGram Introduces Stablecoin Backed Visa Payment Card in Colombia

MoneyGram has introduced a new spending product that turns a dollar-linked digital balance into everyday payments. The company said the MoneyGram Card is now available to eligible users in Colombia, marking the first live market for a Visa-branded card backed by stablecoins rather than a… Read More

Moov, Coinbase Partner on Supporting Community Banks and Stablecoins

Payment stablecoins will soon be ubiquitous. Less crypto and more a modern approach to transferring value, stablecoins can enable faster, lower-cost payments if implemented correctly. Fighting against stablecoins makes little sense. Yesterday, Moov and Coinbase (NASDAQ:COIN) announced they’re working together to help community banks enable… Read More

US Bank Completes Intrabank USBDC Stablecoin Pilot Across North America and Europe via Stellar Blockchain

US Bank (NYSE: USB) has completed a live internal pilot that moved value between its North American and European operations using USBDC, a dollar-backed stablecoin issued by the bank itself. The transfer was an intra-group payment rather than a customer transaction, and it ran on… Read More

PayPal, MoonPay and M0 Take PYUSDx Live as Devs Launch PYUSD backed Stablecoins

PayPal (NASDAQ: PYPL), M0, and MoonPay have taken PYUSDx from a February preview to a live developer platform. The stack lets companies issue custom on-chain dollars that sit on top of PayPal USD (PYUSD), rather than forcing each team to build reserves, issuance, and liquidity… Read More

BVNK, Marqeta Partner to Bring Stablecoin Spending to Everyday Payment Cards

BVNK and Marqeta (NASDAQ: MQ) have joined forces to give companies a simpler way to turn stablecoins into everyday spending tools. The two firms announced a partnership that will let Marqeta clients add digital-dollar functionality to cards, wallets, and other financial products used by both… Read More

Circle to Acquire Singapore Payments Firm Tazapay to Expand USDC Rails

Circle Internet Group (NYSE: CRCL), the issuer of the USDC stablecoin, has signed a definitive agreement to purchase Tazapay, a Singapore-based specialist in business-to-business cross-border payments. The announcement, made on September 8, 2026, positions the transaction as a way to broaden Circle’s payments infrastructure and… Read More

SIX and TWINT Join CHF Stablecoin Sandbox as Swiss Test Phase Begins

Switzerland’s financial sector has taken another step toward exploring a digital Swiss franc. On 8 September 2026, organizers of the CHF Stablecoin Sandbox confirmed that the project has entered its live testing phase and that two additional partners — SIX and TWINT — have joined… Read More

Stablecoins, Crypto Dominate Digital Assets Thoughts of the Week

Stablecoin consortium “Twenty-one banks backing a stablecoin is the clearest sign yet that the growth in blockchain rails is coming from TradFi now, not crypto. Nobody’s debating whether public chains work for settlement anymore, just who gets to own the issuer. “The real losers here… Read More

BCP Technologies Settles Digital Bond Trade Using Sterling Stablecoin tGBP

BCP Technologies has completed its first live purchase of a tokenised US Treasury bill using its sterling stablecoin, marking a notable moment for on-chain settlement in the UK market. The London-based issuer said it bought Archax’s $GOVY tokenised T-bill and settled the trade in tGBP,… Read More

Monetary Authority of Singapore (MAS) Considers Ban on Interest for Regulated Stablecoins

Singapore’s central bank has taken a further step toward turning its long-planned stablecoin regime into law. On 1 September 2026 the Monetary Authority of Singapore (MAS) published a consultation on proposed changes to the Payment Services Act 2019. The package would give legal force to… Read More

Circle and OKX Expand Stablecoin USDC Liquidity Across Spot, Margin, and Futures Markets

Circle (NYSE: CRCL) and OKX have announced a collaboration aimed at deepening the role of USDC across the exchange’s trading products. In a Sept. 1, 2026 post, Circle said the two companies are working together to increase USDC liquidity and trading utility on OKX, giving… Read More

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