Tagged: stablecoins

May 24, 2026 @ 6:44 pm By Michael Wong  |  

USDKG, a gold-backed stablecoin issued by a state entity in Kyrgyzstan, announced its official listing on OSL HK, the Hong Kong-licensed digital asset exchange of stablecoin payment and trading platform OSL Group. The listing allows professional investors to trade the token against Tether’s USDT through… Read More

May 23, 2026 @ 8:25 am By Omar Faridi  |  

US dollar or Euro pegged stablecoins and regulated digital assets platforms such as Coinbase (NASDAQ:COIN), Gemini (NASDAQ:GEMI), and Kraken (under parent firm Payward) now decisively dominate US markets. Meanwhile, more speculative altcoins and associated decentralized projects, such as Cardano (ADA), EOS, and IOTA, have basically not made much noise during this past Bitcoin… Read More

May 23, 2026 @ 8:21 am By Omar Faridi  |  

Web3 referred to an evolving set of standards aimed at improving upon web2, which is a set of protocols and standards that make up the modern Internet. These standards include HTTP, TCP/IP, and various other online protocols through which internet traffic is running. But when… Read More

May 22, 2026 @ 8:07 am By Omar Faridi  |  

Blockchain technology provider ConsenSys has recently submitted a detailed formal comment to the Federal Deposit Insurance Corporation (FDIC) regarding its proposed rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). This submission addresses requirements for FDIC-supervised permitted payment stablecoin… Read More

May 21, 2026 @ 8:28 am By Omar Faridi  |  

Bank of Ireland has recently announced that it has joined a coalition of European financial institutions working to introduce a fully regulated, euro-denominated stablecoin. This participation highlights the banking institutions’ commitment to digital technology advancements and positions it at the center of such efforts to… Read More

May 21, 2026 @ 12:57 am By Omar Faridi  |  

The stablecoin ecosystem has achieved a significant milestone, with total circulating supply now exceeding $322 billion. This expansion reflects deepening integration into global finance, even as on-chain data shows large investor balances holding steady or contracting in recent months. While aggregate issuance climbs—driven by demand… Read More

May 20, 2026 @ 5:44 pm By Omar Faridi  |  

Circle (NYSE:CRCL) has noted that in today’s expanding digital economy, business-to-business (B2B) marketplaces—spanning e-commerce, procurement, supply chains, and specialized trade platforms—are vital for international commerce. Yet, as these platforms connect buyers, suppliers, distributors, and service providers across borders, currencies, and regulatory environments, they encounter significant… Read More

May 20, 2026 @ 6:14 am By Omar Faridi  |  

Tempo, a blockchain initiative funded by Stripe and Paradigm, has formed a strategic alliance with Morpho, a major decentralized finance lending network that oversees approximately $7.5 billion in total value locked. This move signals Tempo’s transition from a payments-centric infrastructure to a broader on-chain financial… Read More

May 19, 2026 @ 2:58 pm By JD Alois  |  

Stablecoin enabling firm Checker has raised $8 million in funding, according to a statement distributed by the firm. The funding was led by Galaxy Ventures, Al Mada Ventures, and Framework Ventures. Other investors include strategic backers such as Bitso, Mesh, and others. Checker reports that… Read More

May 19, 2026 @ 9:12 am By JD Alois  |  

The UK appears to be moving away from a debilitative approach to stablecoin utilization, part of a broader payments strategy. Last year, the Bank of England introduced a structure that required holding limits of £20,000 per individual and £10 million per business, and that at… Read More

May 19, 2026 @ 7:21 am By Omar Faridi  |  

Stablecoins have surged from niche crypto tools to foundational infrastructure for global finance. These fiat-pegged digital assets combine the stability of traditional currencies with blockchain’s speed, transparency, and programmability. As of April 2026, total stablecoin circulation exceeds $316 billion, up sharply from prior years, with… Read More

May 18, 2026 @ 10:53 am By JD Alois  |  

Tether has announced an investment in LemFi, a Fintech that enables cross-border transfers. LemFi (formerly known as Lemonade Finance) supports users living in the US, Canada, the UK and Europe to send payments and transfers to more than 30 countries. As Tether is the issuer of USD₮,… Read More

May 18, 2026 @ 9:22 am By Omar Faridi  |  

Anchorage Digital and Grupo Salinas have unveiled a strategic collaboration aimed at transforming international settlements. The alliance leverages regulated stablecoins to enable faster, more efficient, and transparent cross-border transactions, marking a step forward in the integration of digital assets into traditional banking systems. Anchorage Digital,… Read More

May 17, 2026 @ 11:41 am By Omar Faridi  |  

The stablecoin sector continues to evolve with various financial institutions and regulators advancing infrastructure that blends traditional finance with blockchain capabilities. French banking provider Societe Generale is expanding its tokenized finance initiatives by integrating its CoinVertible stablecoins into the Canton Network. Through its digital assets… Read More

May 17, 2026 @ 9:14 am By Omar Faridi  |  

The T3 Financial Crime Unit has announced the freezing of more than $450 million in illicit funds worldwide. Launched as a collaborative effort between Tether, TRON, and blockchain intelligence firm TRM Labs, the unit continues to expand its role in disrupting illegal financial activities across… Read More

May 16, 2026 @ 4:51 pm By Michael Wong  |  

Los Angeles-headquartered fintech Fasset said it raised $51 million in a Series B funding round backed by SBI Group, Investcorp, Arz Portföy, and strategic family offices. The round comes as the company looks to expand stablecoin-powered banking and cross-border payment services across emerging markets, according… Read More

May 16, 2026 @ 7:51 am By Omar Faridi  |  

Despite steady global growth, Europe’s stablecoin ecosystem continues to lag far behind the United States, where dollar-pegged assets like USDT and USDC have carved out clear dominance in cross-border and institutional flows. A new analysis from Oliver Wyman underscores how stablecoins are poised to erode… Read More

May 15, 2026 @ 7:19 pm By Omar Faridi  |  

Elliptic has shared insights after the US Senate Committee on Banking, Housing, and Urban Affairs has advanced the Digital Asset Market Clarity Act—widely referred to as the CLARITY Act. The legislation cleared the committee on a 15-9 vote during a recent markup session, positioning it… Read More

May 15, 2026 @ 5:54 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is expanding its footprint in the decentralized finance space by forging a closer alliance with Hyperliquid, one of the leading onchain perpetuals trading platforms. The major U.S.-based exchange has stepped into a pivotal position as the official treasury deployer for USDC on Hyperliquid’s… Read More

May 15, 2026 @ 6:59 am By Omar Faridi  |  

Circle (NYSE:CRCL) has rolled out two significant enhancements to its stablecoin ecosystem, aimed at streamlining operations for developers and businesses navigating the complexities of blockchain payments and multi-network environments. These updates focus on unifying liquidity across chains and simplifying stablecoin adoption without requiring users to… Read More