Tagged: stablecoins

September 1, 2026 @ 8:16 am By Omar Faridi  |  

USA₮, Tether’s U.S.-focused dollar stablecoin issued by Anchorage Digital Bank, remained above the $175 million circulation mark at the end of July while posting the largest reserve surplus in its short history. The latest independent reserve report, prepared under the AICPA’s 2025 criteria for asset-backed… Read More

August 30, 2026 @ 8:57 pm By Omar Faridi  |  

The head of the Bank for International Settlements (BIS) has questioned whether privately issued digital tokens pegged to fiat currencies can serve as a dependable way to move money across the economy. Speaking at the Federal Reserve’s Jackson Hole symposium on 28 August 2026, BIS General… Read More

August 30, 2026 @ 11:02 am By Omar Faridi  |  

US based and international banks are quietly redrawing their digital money strategies as competition from privately issued stablecoins intensifies in 2026. According to The Wall Street Journal, JPMorgan Chase (NYSE:JPM) has held early internal conversations about whether it should issue its own stablecoin. At the… Read More

August 26, 2026 @ 8:22 am By Omar Faridi  |  

Revolut has introduced EURR, a digital asset designed to track the euro on a one-to-one basis. This euro-denominated stablecoin marks a significant step for the fintech company as it expands its offerings into regulated blockchain-based money. Aimed at bridging traditional finance with digital assets, EURR… Read More

August 26, 2026 @ 4:16 am By Omar Faridi  |  

The chief executive of Tether, the issuer of the widely used dollar-pegged stablecoin USDT, underscored how the digital asset is facilitating both domestic transactions and international trade in multiple developing nations. Paolo Ardoino emphasized that economies in several of these countries have come to depend… Read More

August 25, 2026 @ 4:23 pm By JD Alois  |  

An article on WSJ.com says US Treasury Secretary Scott Bessent may get support from the crypto markets as he tries to push bond yields lower. Earlier this week, Bessent said the US Treasury Department would use its balance sheet to buy Treasuries in an attempt to drive yields… Read More

August 25, 2026 @ 4:01 pm By JD Alois  |  

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

August 25, 2026 @ 12:24 pm By Omar Faridi  |  

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

August 24, 2026 @ 3:51 pm By Omar Faridi  |  

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

August 24, 2026 @ 12:02 pm By JD Alois  |  

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

August 22, 2026 @ 5:49 pm By Michael Wong  |  

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

August 21, 2026 @ 8:03 am By Omar Faridi  |  

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

August 21, 2026 @ 6:37 am By Omar Faridi  |  

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

August 18, 2026 @ 12:09 pm By Omar Faridi  |  

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

August 18, 2026 @ 12:00 pm By Tony Zerucha  |  

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

August 17, 2026 @ 9:02 pm By Omar Faridi  |  

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

August 16, 2026 @ 5:38 pm By Omar Faridi  |  

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

August 14, 2026 @ 10:59 am By Omar Faridi  |  

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

August 13, 2026 @ 5:14 pm By JD Alois  |  

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

August 9, 2026 @ 9:44 pm By Tony Zerucha  |  

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