Tagged: stablecoins

Stablecoins Remain Firmly Anchored in Speculative Crypto Trading, Not Yet a Major Payments Method, Report Claims

A recent analysis from the Federal Reserve Bank of Kansas City has provided what it claims is a more realistic assessment of stablecoins’ actual role in today’s financial ecosystem. Somewhat far from the innovative payment tool many promoters have claimed over the years, stablecoins remain… Read More

Hong Kong’s Stablecoin Race Spills Into Payments as EX.IO, Payment Asia Strike Deal

Hong Kong’s push to turn stablecoins from a regulatory concept into everyday financial plumbing is beginning to draw in the companies that handle money at the checkout counter. Digital asset trading platform EX.IO said it signed a memorandum of understanding with payment firm Payment Asia to… Read More

FDIC Board of Directors Approves Proposal to Implement GENIUS Act Requirements, Standards

The Federal Deposit Insurance Corporation (FDIC) Board of Directors has now approved a notice of proposed rulemaking that may implement certain requirements as well as applicable standards under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The suggested rule may help… Read More

Singapore’s Thunes Joins Circle Payments Network to Expand Stablecoin Settlement

Singapore-based cross-border payments firm Thunes is expanding its stablecoin settlement capabilities through a new collaboration with Circle, as payment infrastructure providers step up efforts to connect blockchain-based rails with traditional financial systems. Thunes said it had joined Circle Payments Network Managed Payments, enabling its customers… Read More

Fintech Industry Professional Shares Insights on Polgyon Labs’ Move into Stablecoins

Polygon Labs’ recent move into stablecoins has been viewed positively by Fintech industry professionals. Artur Firstov, Chief Business Officer at Mercuryo, a payment infrastructure platform in the digital token space, has shared key insights with CI on this latest development. Artur Firstov of Mercuryo stated:… Read More

White House Report Shows Stablecoin Yield Causes Little Harm to Bank Lending

As should have been expected by all, a research report published by the Trump administration’s Council of Economic Advisors (CEA) indicates that stablecoin yield will not impact lending at all. The FUD promoted by banks never held any merit but it was a great display… Read More

Stablecoin Platform Confirmo Approved by Central Bank of Ireland

Stablecoin platform Confirmo has been approved and licensed by the Central Bank of Ireland. Confirmo is now a fully regulated operational hub for the company’s entire European business. Under EEA passporting rules, the license grants Confirmo the right to offer its services across all 27… Read More

ClearBank MiCA Approved, Plans Stablecoins, Deepens Relationship with Coinbase

Netherlands based ClearBank has been approved under Markets in Crypto Assets (MiCA) regulation. The company announced that it had received approval from the Dutch Authority for the Financial Markets (AFM) to operate as a Crypto Asset Service Provider (CASP). The bank stated that it will… Read More

South Korea Plans to Support RWAs and Stablecoin Transfers Under Current Regulatory Framework

South Korea’s ruling party has reportedly decided to go ahead with a plan to enable the institutionalization of tokenized real-world assets or RWAs and stablecoins under the current regulatory frameworks. As indicated in a report from the Seoul Economic Daily, the Asian country’s Democratic Party… Read More

Stablecoin Infrastructure Fintech INXY Secures Additional Funding

INXY has reportedly acquired $4 million as part of a recent funding round that was led by Flashpoint, following a $3 million round back in 2025, bringing its total funds secured so far to $7 million. The capital injection will now be channeled towards further… Read More

Swiss Stablecoin Sandbox Launched by UBS, PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, BCV, Swiss Stablecoin AG

A group of Switzerland based financial institutions has begun a new trial for a regulated Swiss franc backed stablecoin with the aim to provide a digital settlement layer for the European nation’s economy. The cohort currently includes UBS, PostFinance, Sygnum Bank, Raiffeisen, Zürcher Kantonalbank, BCV… Read More

Corporate and M&A Attorney Ernest Simons On Stablecoins, Digital Wallets and An Evolving Fintech Landscape

The intersection of fintech, legacy systems and digital currencies make this an interesting time for attorneys like Ernest Simons. A corporate and M&A attorney at Thompson Corburn, Simons works with fintechs, payment platforms and PE investors on transactions and product launches. Simons helps companies evaluate… Read More

Crossmint, Wirex Announce Tech Integration

Wirex and Crossmint have directly connected Crossmint’s smart wallet and stablecoin orchestration infrastructure with Wirex’s card issuance platform, giving Fintechs a single connected stack that takes users from stablecoin balance to real-world spending. What previously required separate relationships with a wallet provider, a card issuer, and… Read More

Drift Hack Fallout : Circle Faces Sharp Criticism for Not Freezing Stolen USDC

Stablecoin issuer Circle’s (NYSE:CRCL) operations have come under sharp scrutiny following the recent $285 million exploit of Drift Protocol, a prominent decentralized perpetual futures exchange on the Solana blockchain. The incident has ignited widespread debate about the issuer’s responsiveness and its ability to intervene when… Read More

Nium Launches Stablecoin Card Platform

Nium, a payments and card issuance platform, has launched its stablecoin card issuance platform.  The solution enables companies holding stablecoins to issue spending cards on both the Visa and Mastercard networks through a single API integration, allowing stablecoins to be used at hundreds of millions… Read More

Rain, Episode Six Confirm Paytech Partnership

Rain, the enterprise-grade infrastructure for stablecoin-powered payments, is partnering with Episode Six, a payment technology company and card issuer processor. Episode Six will serve as a key processing partner for Rain’s credit, debit, and prepaid card programs. The initial focus is on Asia-Pacific (APAC), where… Read More

Paytech Latitude Launches With $8M Seed

Latitude, a global payments infrastructure company, has launched, alongside an $8 million seed round led by NEA with participation from Lightspeed Faction, Coinbase Ventures, Paxos, Bitso, and Solana Foundation. Founded by former officials from Stripe, Coinbase, Uber, Zero Hash, and Facebook, Latitude is addressing one… Read More

European Central Bank Publishes Comprehensive Payments Strategy

Europe has established a “comprehensive payments strategy.” Shared by the European Central Bank (ECB) this week, the goal is to support the four ambitions: to ensure the effectiveness of monetary policy, financial stability, and the smooth functioning of payment systems by maintaining the role of… Read More

Wirex, Ultra Stellar Launch Payment Infrastructure

Wirex, a stablecoin payment infrastructure provider, and Ultra Stellar, the company behind Stellar’s largest wallet LOBSTR and leading decentralized exchange StellarX, have launched a native Stellar payment infrastructure, built directly on Soroban, Stellar’s smart contract platform. Both companies will continue to co-develop and expand the infrastructure,… Read More

Fellowship PAC: Tether Exec Appointed Chair of Major Crypto PAC as Stablecoin Regulation Debates Continue in Washington

In a key shift for cryptocurrency advocacy in U.S. politics, a major super PAC dedicated to digital asset innovation has installed a senior leader from the issuer of the world’s dominant stablecoin at its helm. The move highlights growing alignment between industry heavyweights and political… Read More

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