CryptoQuant reported that stablecoin liquidity on exchanges has dropped from $80 billion to $64 billion, with Binance’s share rising from approximately 60% to 68.5%.
While the amount of stablecoins waiting to…
The FASB, which sets U.S. accounting standards, has issued a proposal that would allow certain stablecoins to be classified as cash equivalents.
The Financial Accounting Standards Board (FASB) has prepared a…
The Wyoming Stable Token Commission has become the first US government entity to change its blockchain infrastructure for security reasons by migrating the Frontier Stable Token (FRNT) to Chainlink’s CCIP…
Hong Kong’s first regulated HKD-backed stablecoin, HKDAP, is preparing for real-world application following HashKey’s new plan for trade and insurance payments after its limited institutional launch on August 12.
Hong Kong’s…
Visa Seeks Licensed Stablecoin Partners in 4 Countries: Mastercard Acquires BVNK, Stripe Buys Bridge
Following Mastercard’s acquisition of BVNK, Visa is seeking new licensed stablecoin settlement and OTC partners in the US, Canada, the UK, and Singapore.
According to documents seen by CoinDesk, Visa has…
The U.S. Department of the Treasury, through an NPRM published under the GENIUS Act, has proposed clarifying the licensing timeline for the issuance and sale of payment stablecoins in the…
The bank-crypto conflict over stablecoin yields in the U.S. has reached a critical stage due to the Clarity Act stalling in early August under banking lobby pressure and the upcoming…
Trump-linked World Liberty Trust Co. has received a conditional national trust bank charter that could pave the way for it to take over the issuance and custody of the USD1…
Tether CEO Paolo Ardoino dismissed criticisms after KPMG U.S. issued a clean opinion on the company’s 2025 financials, announcing that reserves exceeded liabilities by $6.8 billion and that full audits…
Stablecoin payment company RedotPay has postponed its US initial public offering (IPO), originally planned for 2026, to 2027 or later due to regulatory approvals and legal issues.
According to information from…
Anchorpoint, backed by Standard Chartered, has launched the first phase of distribution for its Hong Kong dollar-backed HKDAP stablecoin, covering institutional distributors and professional investors.
Anchorpoint announced on Wednesday that beta…
The Bank of England has begun testing whether stablecoins and the potential digital pound can function within the same flow for cross-border trade payments.
The Bank of England (BoE) is moving…