Standard Chartered becomes first bank to distribute regulated HKDAP stablecoin
🚨Standard Chartered Bank Hong Kong to offer regulated HKDAP stablecoin to institutions. 🏦HKDAP is used for tokenized fund settlements, cross-border…
Crypto card payments hit $1.04 billion in July as stablecoin spending surges
💳 Crypto card payments surpassed $1.04 billion in July for the first time. 📈 Over 70% of the spending was…
Stablecoin card purchases surpass $1 billion in July, driven by USDC and USDT
📈 Digital currency card spending jumped past $1 billion in July as $USDC and $USDT led the surge. 💳 Over…
Fasset reaches $1 billion valuation after $68 million Series C led by SBI Group
🚨 Fasset secures $68 million in funding, reaching a $1 billion valuation with SBI Group leading. 🌎 Over $40 billion…
FASB unveils proposal to classify stablecoins like USDC as cash equivalents
🚨 FASB presented a proposal that could let USDC count as a cash equivalent on corporate balance sheets. 💡 The…
X explores stablecoin payouts for creators as new reward program launches
🚀 X is considering stablecoin payouts like USDC for global content creators. ✨ The new rewards program will require 500,000…
FASB proposes new guidance on stablecoins as cash equivalents
📢 FASB outlines new guidance on when stablecoins may count as cash equivalents. 💡 To qualify, $USDT and similar tokens…
Visa seeks new stablecoin settlement partner after Mastercard acquires BVNK
🚨 Visa seeks new stablecoin settlement partner after Mastercard buys BVNK. 🔗 Visa wants partners licensed in the US, UK,…
Circle’s EURC euro stablecoin surpasses €400 million, year-over-year growth at 284%
🚀 Circle’s $EURC euro stablecoin hit €400 million in supply for the first time. 🌍 EURC now operates on five…
Treasury sets new stablecoin rules, plans U.S. license mandate by 2027
🛡️ Treasury plans to require U.S. licensing for payment stablecoin issuers starting in 2027. 🚨 Foreign issuers must comply with…
Circle and Société Générale-Forge secure EEA lead as most EU stablecoin issuers locked out under MiCA
🚨 Most EU stablecoin issuers are blocked from B2B services under MiCA rules. 🛑 Only nine out of 23 EMT…
Anchorpoint launches HKDAP, Hong Kong dollar stablecoin, after mainnet tests
🚨 Anchorpoint launches HKDAP, a stablecoin pegged to the Hong Kong dollar, for institutions. 💡 HKDAP enables tokenized asset settlement…
Slovenia’s Dinaro joins EU MiCA register as first EMT issuer from the country
🚀 For the first time, Slovenia’s Dinaro joins the EU MiCA register as an EMT issuer. 🪙 The ESMA register…
Binance founder CZ says every country will launch its own stablecoin
🚨 CZ forecasts every country will build its own stablecoin for domestic finance. 💡 Binance’s founder stresses patience and transparency…
US, UK, EU, and Hong Kong finalize sweeping stablecoin rules targeting cross-border flows
🚨 Regulators in the US, UK, EU, and Hong Kong will monitor and control stablecoin transfers. 🔥 New rules target…
IMF warns domestic stablecoins may boost digital dollar use, urges tighter oversight
🚨 IMF warns local stablecoins could actually boost digital dollar use. 💸 Users can quickly swap between domestic tokens and…
JPYC secures ¥6 billion to expand yen stablecoin across Japan
🚀 JPYC raises ¥6 billion to speed up yen stablecoin’s rollout in Japan. 💡 Top firms like AZ-COM Maruwa and…
Japan’s JPYC raises Series B total to $38 million with AZ-COM investment
🚨 JPYC raises Series B total to $38 million after AZ-COM joins as investor. 📊 AZ-COM plans to explore stablecoin…
Visa adds stablecoin prefunding and payout via Zerohash to Visa Direct
🚀 Visa teams up with Zerohash to add stablecoin prefunding and payouts to Visa Direct. 🌎 Businesses can now send…
US and UK confirm joint digital asset regulation push as stablecoin laws advance
🇺🇸🇬🇧 US and UK strengthen regulatory cooperation on stablecoins and digital assets. 🪙 Both governments prioritize responsible innovation, with the…
