Tagged: stablecoins

The CLARITY Act Remains Stalled in the Senate as Banks Dig In on Stablecoin Yield

The US House of Representatives approved the CLARITY Act on July 17, 2025. The bill garnered bipartisan support with 294 voting for the legislation and 124 against. Unfortunately, the success in the House has not carried over to the Senate, as the legislation remains stalled… Read More

Singapore Gulf Bank Launches Stablecoin Mining Service As Banks Deepen Digital Asset Push

Financial institutions are moving further into blockchain-based settlement infrastructure, with Singapore Gulf Bank (SGB) launching a stablecoin minting and redemption service aimed at corporate and high-net-worth clients. The Bahrain-based lender said the new offering enables clients to convert fiat currencies into digital tokens, and vice… Read More

Tether Invests in Stablecoin Firm, Stablecoin Development Corporation

Tether, the largest issuer of stablecoins in the world, has participated in the funding round of publicly listed Stablecoin Development Corporation (NYSE:SDEV). The company received $134 million in funding. Other investors included R01 Fund LP, Framework Ventures, and more. SDEV is a small firm that… Read More

Elliptic Shares Insights on US Treasury’s Proposed Sanctions Rules for Stablecoin Secondary Markets

Blockchain intelligence firm Elliptic has share a detailed update on a major regulatory step forward by the US Treasury Department. On April 8, 2026, the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) released a notice of proposed rulemaking (NPRM)… Read More

Y Combinator Completes Stablecoin Investment in Prediction Markets Startup Totalis

Y Combinator has executed its first-ever investment funded entirely through a stablecoin, disbursing $500,000 in USDC to Totalis, a fintech startup building advanced tools for prediction markets. This transaction, completed on the Solana blockchain and held through the financial platform Ramp, represents a milestone in… Read More

Senator Tillis Set to Release Draft Aimed at Resolving Stablecoin Yield Dispute in CLARITY Act

US Senator Thom Tillis of North Carolina, a Republican lawmaker, has recently signaled plans to release a proposed framework in the coming weeks. The goal is to settle a long-running conflict over stablecoin returns that continues to divide conventional banks from digital asset specialists. The… Read More

Adjusted Stablecoin Volume May Reach $700 Trillion+ by 2035 : Research

Blockchain analytics firm Chainalysis pointed out that the adjusted stablecoin volume is expected to reach $719 trillion by the year 2035 via so-called organic growth alone. Chainalysis also mentioned that when we factor in various macro catalysts, then that figure may approach $1.5 quadrillion. The… Read More

American Banker Association Counters White House CEA Report that Stablecoin Yield Does No Harm to Banks

The American Bankers Association (ABA) has issued a statement countering the report by the Council of Economic Advisers, part of the Trump White House, which recently stated that stablecoin yield does no harm to banks but, if banned, harms consumers’ ability to generate value from stablecoin holdings. In… Read More

Canada Moves Forward with Stablecoin Regulatory Framework

With the recent Royal Assent of Bill C-15, Canada is now said to be moving forward on a proper framework for stablecoins. The nation’s Department of Finance has started the development of applicable regulations to support safe, reliable digital payment options for Canadian consumers. As… Read More

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

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