Tagged: stablecoins

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

Federal Reserve Governor Barr Warns of Stablecoin Risks as Regulators Prepare New Oversight Framework

In a speech delivered on March 31, 2026, Federal Reserve Governor Michael S. Barr highlighted significant challenges posed by stablecoins, urging caution as federal agencies move forward with rulemaking under recently enacted legislation. Speaking at an event hosted by the Federalist Society in Washington, D.C.,… Read More

Crypto Market Volatility Persisted in Q1 2026, But On-Chain TradFi Gained Momentum : Research

As the first quarter of 2026 wrapped up, cryptocurrency markets navigated a turbulent environment shaped by macroeconomic shifts and geopolitical tensions. According to Coin Metrics’ latest State of the Network report, the period highlighted both challenges and notable progress in blockchain infrastructure, particularly in bridging… Read More

US Department of Treasury Requests Feedback on Stablecoin Legislation, the GENIUS Act

The US Department of the Treasury is requesting feedback on proposed rules regarding the GENIUS Act, the legislation that legalizes payment stablecoins. The Guiding and Establishing National Innovation for US Stablecoins Act was signed into law earlier this year, yet questions remain. Treasury states that,… Read More

Tether Dismisses Senior Gold Traders Hired from HSBC Only Months Ago

Tether, the company behind the world’s largest stablecoin (USDT) in terms of market cap and adoption, has parted ways with two experienced precious metals specialists it recruited from HSBC just months earlier. The move comes as the El Salvador-headquartered firm continues to expand its physical… Read More

New Political Action Committee, Blockchain Leadership Fund, Aims to Advance Digital Asset Policy Just as CLARITY Act is Being Held up by Banks

The Blockchain Leadership Fund (BLF) is a new Political  Action Committee (PAC) that aims to advance digital asset policy, just as legacy banks are holding up the CLARITY Act due to fears of new competition from blockchain firms. The CLARITY Act, or crypto market infrastructure legislation, is… Read More

Visa Joins Canton Network As Super Validator

Visa will join the Canton Network as the first major global payments company to serve as a Super Validator, to help extend privacy‑preserving blockchain infrastructure to banks and financial institutions around the world. Visa will be one of 40 Super Validators on Canton. That move… Read More

Cryptio CEO Comments on Stablecoin Yield Hurdle in CLARITY Act Impasse

Allowing stablecoin yield in the CLARITY Act, the crypto market infrastructure legislation, appears to be an issue the banking industry is willing to die on. Legacy banks worry that profits will decline as deposit holders move their funds to more agile stablecoins that offer yields… Read More

Non USD Stablecoins are Expanding, Signaling Shift Toward Localized On-Chain Finance : Research

Stablecoins have long been synonymous with the US dollar, but a quiet evolution is now underway. According to the latest Dune Analytics report commissioned by Visa (NYSE: V), non-USD stablecoins—pegged to local currencies—are expanding rapidly, signaling a shift toward more localized and efficient on-chain finance…. Read More

Legacy Banks are Stupid to Fight Stablecoin Yield. They Must Embrace the Future of Stablecoins

Legacy banks have slammed the brakes on the CLARITY Act, crypto market infrastructure legislation, which is poised to enable the United States to lead the world in digital asset innovation. The big roadblock remains the ability for stablecoin holders to earn yield. As payment stablecoins,… Read More

Private Stablecoin Platform Payy Network Raises $6 Million Seed Round

Payy Network has raised $6 million in Seed funding, according to a company statement. The funding was led by FirstMark Capital, with participation from Robot Ventures and DBA Crypto. Payy is a stablecoin blockchain that states it is private by default. Payy believes there is… Read More

Circle Stock Plunges as CLARITY Act Draft Threatens Stablecoin Rewards

Circle Internet Group (NYSE:CRCL). the company behind the widely used USDC token, endured its most severe single-day stock plunge on record this week. Shares of the firm tumbled approximately 20%, eclipsing its previous worst session from mid-2025. The sharp sell-off stemmed from emerging details around… Read More

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