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cointelegraph.comThe French bank introduced EURXT with 20 million tokens in circulation, backed 1:1 by euro reserves. The token has already settled a subscription into a tokenized Amundi money market fund.
cointelegraph.comMetaMask introduced Money Account, a feature allowing users to earn yield on stablecoins and spend them via the MetaMask Card within a single wallet. The product is built on the Monad blockchain and uses the company's mUSD stablecoin.
americanbanker.comJPMorgan published a blog post on June 29, 2026, supporting legislation to regulate digital assets while urging capital, liquidity and consumer-protection standards for stablecoins. The bank also warned against features such as rewards on stablecoin balances.
cointelegraph.comTether is extending its tokenized gold product XAUT to allow borrowing against physical bullion holdings. The stablecoin issuer and Ledn plan to launch the service later this year. Tether holds roughly $23 billion in gold reserves backing the tokens.
insurancejournal.comCircle is partnering with Nomura Holdings to offer instant foreign currency settlement using USDC to Japanese corporates. The service is scheduled to begin operations in 2027.
fintechnews.hkChainlink joined a coalition of 47 European and South Korean banks to test stablecoin settlement of foreign-exchange trades. The project targets near-instant settlement on a new blockchain network while using existing bank messaging systems.
pymnts.comRipple received a preliminary green light for a Crypto Asset Service Provider license from Luxembourg's financial regulator under the EU's MiCA rules. The approval would let the San Francisco firm offer stablecoin payments across the bloc.
CoinDeskMoneyGram became a validator on the Solana blockchain on June 22, 2026, operating a node that processes transactions and secures the network. The remittances firm also joined the Solana Developer Platform after launching its MGUSD stablecoin on Stellar earlier in the month.
ndtv.comThe Federal Reserve on June 18, 2026, proposed that permitted payment stablecoin issuers maintain written customer identification programs. The plan requires collection of legal name, date of birth, address, and government ID before opening an account.
Winners at a White House UFC event received bonuses in USD1, a stablecoin issued by World Liberty Financial. The payment structure drew attention because federal ethics rules exempt the president from conflict-of-interest restrictions that apply to other officials.
f4wonline.comThe Ultimate Fighting Championship will distribute some fighter bonuses in USD1 stablecoins at its Sunday event on the south White House lawn. World Liberty Financial, listed as an official sponsor, is creating the $250,000 bonus pool.
usethebitcoin.comCoinbase will manage automated deployment of USDC liquidity on HyperliquidX following the activation of AQAv2 on June 8, 2026. The arrangement covers $6.06 billion in USDC across Arbitrum and HyperEVM.
cointelegraph.comJPMorgan Chase, Bank of America, Citigroup and other lenders will launch a blockchain-based settlement system through The Clearing House to compete with stablecoins.
dnaindia.comThree major U.S. banks are developing a joint blockchain system to add crypto-like features to traditional deposits, with a target launch in mid-2027.
tass.comRussia sanctioned 17-year-old Alexander Browder and four others after he wrote a report alleging that the ruble-pegged stablecoin A7A5 was used to fund Russia’s war in Ukraine.
americanbanker.comThe American Bankers Association released polling on June 3, 2026, showing most respondents want Congress to block crypto firms from offering bank-like interest on stablecoins when it could harm traditional lending.
CoinDeskA cross-party parliamentary committee called for the central bank to review proposed caps of 20,000 pounds for individuals and 10 million pounds for businesses on stablecoin holdings.
usethebitcoin.comMoneyGram introduced its U.S. dollar-backed stablecoin MGUSD on the Stellar network on June 2, 2026. The token will first be available to U.S. users before expanding to the company's global customer base.
japantimes.co.jpThe ruling party submitted a proposal on June 1, 2026, calling for rules to allow cryptocurrency ETF trading and greater use of yen-based stablecoins. The document was delivered to Finance Minister Satsuki Katayama.
cointelegraph.comTether’s U.S.-focused stablecoin USAT expanded from roughly $22 million to $140.8 million during April. The increase marks a sixfold rise in the token’s circulating supply.
BenzingaCumulative volumes reached $7.8 billion as of Wednesday. Monthly volumes rose from $271 million in May 2025 to $656 million in May 2026.
CoinDeskSoFi has begun allowing its 15 million customers to use the bank's own stablecoin. The rollout marks the first time a major U.S. bank has offered direct stablecoin access through its platform.
CoinDeskStablR halted minting and redemption for its USDR and EURR stablecoins after a multisignature wallet exploit created $13.5 million in unbacked tokens. The tokens fell below their pegs and no longer meet the 1:1 backing required by European Union rules.
Total stablecoin market capitalization declined by $687 million during the week of May 18-24, 2026. DEX spot and perpetual trading volumes also decreased during the same period.
medium.comA Keyrock report states AI agents completed $73 million in blockchain transactions over the past year. Traditional card networks face challenges processing payments below 30 cents, while stablecoin settlement costs fractions of a cent.
cointelegraph.comWLFI spent more than $115 million in incentives over four months to expand USD1 usage. The stablecoin's market capitalization increased from $3.137 billion to $4.76 billion, moving it from seventh to fourth place among dollar-pegged tokens.
CoinDeskProposed U.S. legislation would bar digital asset service providers from offering returns solely for holding tokens. The measure has cleared the Senate Banking Committee and could reach a full Senate vote as early as July.
ventureburn.comRipple Prime has connected its prime brokerage platform to EDX Markets, allowing institutional clients to access spot and perpetual futures trading. RLUSD is scheduled to serve as a settlement and collateral asset in the future.
CoinDeskAllUnity, backed by DWS and Galaxy Digital, targets a June launch for its Swedish krona-backed stablecoin SEKAU. The company also introduced Agentic Payments infrastructure for AI-driven transactions.
CoinDeskChristoph Hock of Union Investment stated that Tether and Circle stablecoins hold gold and bitcoin reserves that resemble speculative funds rather than cash equivalents. He cited past USDC price drops and warned of mark-to-market losses for institutional users.
CoinDeskHyperliquid designated USDC as its aligned quote asset last Thursday. Coinbase will serve as treasury deployer and Circle will handle minting and redemptions for the stablecoin on the exchange.
Stablecoin inflows slowed to $549 million during the week of May 11–17. Institutional purchases of Bitcoin and Ethereum continued at elevated levels.
CoinDeskA7A5, a ruble-pegged stablecoin tied to a sanctioned Russian bank, is positioning itself as a settlement tool for trade with Russia. The token offers faster cross-border payments and yields near 13.5 percent.
americanbanker.comGrove unveiled Basin on May 14, 2026, providing up to $1 billion in daily stablecoin liquidity for instant redemptions from BlackRock's BUIDL and Janus Henderson's Anemoy Treasury Fund. The platform bridges blockchain transfers with traditional settlement rails as the tokenized U…
pymnts.comThe Shariah-compliant digital bank, headquartered in Los Angeles, secured funding from Japan’s SBI Group, Investcorp and Arz Portföy. Fasset processes more than $32 billion in annualized volume across 125 countries and serves over 1,000 small and medium-sized businesses. The comp…
cnbc.comThe Digital Asset Market Clarity Act, which passed the House in 2025, faces a Senate Banking Committee markup starting Thursday after Sens. Thom Tillis and Angela Alsobrooks reached a deal on stablecoin yield. Democrats are pushing ethics provisions related to President Trump’s c…
ai-cio.comThe Senate Banking Committee is scheduled to review the Clarity Act, legislation that would establish a regulatory framework for stablecoins. The American Bankers Association sent an email urging bank executives to contact senators about concerns the bill does not sufficiently re…
manilatimes.netAnchorage Digital and Grupo Salinas announced a partnership to enable cross-border settlement using federally issued stablecoins. The collaboration aims to facilitate faster and more efficient transactions between the United States and Mexico. The companies stated the initiative…
bbc.co.ukArc, Canton and Tempo have raised more than $1 billion at valuations exceeding $10 billion. The funding reflects growing institutional interest in blockchains designed for stablecoins and tokenization that emphasize privacy, compliance and speed. A Tuesday blog post stated the ac…
americanbanker.comThe AFL-CIO, SEIU, AFT, NEA and AFSCME sent a letter and email to senators warning that the legislation could jeopardize workers' retirement accounts. The Senate Banking Committee is scheduled to vote on the bill Thursday even as final legislative text remained unreleased Monday…
middleeasteye.netABA CEO Rob Nichols sent an emergency letter dated May 11, 2026, to every bank CEO calling for immediate engagement against a stablecoin yield provision in the Digital Asset Market Clarity Act ahead of a Senate Banking Committee markup on May 14. Coinbase's Paul Grewal and Sen. B…
CoinDeskAnchorage Digital, the first federally chartered crypto bank in the U.S., will take a back seat in the USDG stablecoin consortium and pursue a neutral approach as it builds a white-label issuance business. CEO Nathan McCauley cited a pipeline of 20 firms seeking help to issue sta…
pymnts.comA debate on X last week questioned whether Visa will dominate payments in agentic commerce or lose ground to blockchain-based stablecoins. Visa's crypto head joined the discussion, while several crypto companies announced major funding, acquisitions and regulatory wins. The devel…
pymnts.comPayments firm Corpay partnered with BVNK to embed stablecoin wallets for its global corporate customers, enabling balances to appear alongside fiat and allowing send, receive, store and convert functions. The company will also deploy the same rails in its treasury operations and…
medium.comTether minted an additional $1 billion in USDT on the Tron blockchain. The action increased the total USDT supply on Tron to $89.37 billion. The company has not released a statement on the reason for the minting.
CnbcCircle beat Q1 2026 earnings estimates with EPS of $0.21 while reporting revenue of $694 million and USDC circulation of $77 billion. The company, led by CEO Jeremy Allaire, unveiled its Arc blockchain initiative with backing from Andreessen Horowitz, BlackRock and other major in…
Andreessen Horowitz’s crypto arm, A16z Crypto, has raised $2.2 billion for its fifth dedicated crypto fund. The fund is led by Chris Dixon and will focus on stablecoins, tokenization, perpetual futures, prediction markets and AI agents. The amount is less than half the size of th…
cnbc.comThe Senate Banking Committee will meet on May 14, 2026 to consider the crypto market structure bill after postponing a markup in January 2026. Crypto industry groups welcomed the date as a step toward regulatory clarity, while a coalition of banking trade associations raised rema…
CoinDeskBlackRock filed paperwork with the SEC on May 9, 2026, to launch the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, which will issue OnChain Shares on public blockchains. The firm also proposed an onchain share class for its BlackRock Select Treasury Based Liquidity Fun…
BenzingaThe Senate Banking Committee will hold a markup hearing and vote on the Digital Asset Market Clarity Act on May 14 at 10:30 a.m. ET. The bill aims to establish regulatory oversight for digital assets including stablecoins. Banks have raised concerns that provisions on stablecoin…
americanbanker.comThe Senate Banking Committee will hold a markup hearing for the Digital Asset Market Clarity Act of 2025 on May 14. The bill had been stalled since January over stablecoin yield provisions. A compromise text was released last week, though banking industry groups continue to expre…
inc42.comBlackRock plans to introduce two money-market funds aimed at investors who hold cash in stablecoins. The move indicates the asset manager anticipates a lasting base of customers in the digital-dollar economy. The funds will allow stablecoin holders to earn returns on their cash b…
CoinDeskEuropean Central Bank President Christine Lagarde warned Friday that large stablecoins such as Tether and USDC, which dominate a $310 billion market, pose financial stability risks. She spoke as a consortium of 12 major European banks plans to launch a privately issued digital eu…
CoinDeskRetail stablecoin card spend has surged more than 105 percent over the past year and could soon reach double-digit market share in parts of Latin America, according to a Rain executive speaking at Consensus Miami 2026. Rain, which recently became a Mastercard Principal Member, is…
rte.ieEuropean Central Bank officials stated that widespread substitution of bank deposits with stablecoins would impair lending capacity and monetary policy transmission. The warnings covered both foreign and euro-denominated stablecoins, citing risks to financial stability. Officials…
CoinDeskCoinbax, founded by former Jack Henry executive Peter Glyman, secured the grand prize at Consensus Miami’s PitchFest for its programmable escrow system that enables compliance checks before releasing stablecoin payments onchain. The startup, launched in October 2025, has already…
aws.amazon.comAmazon Web Services introduced Amazon Bedrock AgentCore Payments on May 7, 2026, enabling autonomous AI agents to make real-time micropayments using stablecoins. The infrastructure, built with Coinbase and Stripe, currently supports purchases of APIs, data feeds, paywalled conten…
manilatimes.netNathan McCauley told Consensus Miami 2026 that Anchorage has secured every major stablecoin issuance mandate since the Genius Act passed. The U.S.' first federally chartered crypto bank also announced a partnership with M0 last month and launched an AI-based Agentic Bank this wee…
Substrate placeholder — needs reviewA senior White House digital assets adviser said the administration aims to pass the Digital Asset Market Clarity Act by July 4, with a Senate Banking Committee markup planned for this month. The adviser confirmed a stablecoin yield compromise has been reached and outlined a broa…
CnbcNew CEO Sebastian Gunningham outlined Remitly's expansion beyond its core remittance business in a CNBC interview published May 6, 2026. The company forecast Q2 adjusted EBITDA margin of 22.4 percent, well above analysts' 19 percent expectation. Gunningham highlighted opportuniti…