stablecoins
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finance.yahoo.comTether Stablecoin USAT Grows Sixfold to $140.8 Million in April
Tether’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.
Cryptocurrency Card Payment Volumes More Than Double in a Year
Cumulative volumes reached $7.8 billion as of Wednesday. Monthly volumes rose from $271 million in May 2025 to $656 million in May 2026.
CoinDeskSoFi Opens Crypto Stablecoin Access to 15 Million Users
SoFi 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 Suspends USDR and EURR After Attacker Mints $13.5 Million in Unbacked Tokens
StablR 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.
finance.yahoo.comStablecoin Market Cap Falls $687 Million in One Week
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.
CoinDeskReport Says Stablecoins Handle Most AI Agent Payments
A 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.
finance.yahoo.comUSD1 Stablecoin Market Cap Rises 50 Percent After Four Months of Subsidies
WLFI 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.
CoinDeskClarity Act Would Restrict Passive Crypto Yield Products
Proposed 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 Integrates With EDX Markets for Institutional Trading
Ripple 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.
CoinDeskGerman Firm AllUnity Plans Swedish Krona Stablecoin and AI Payment System
AllUnity, 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.
CoinDeskAsset Manager Executive Says Tether and USDC Reserves Resemble Hedge Funds
Christoph 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 Names USDC Official Stablecoin on Its Platform
Hyperliquid 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.
finance.yahoo.comStablecoin Market Cap Rises $549 Million in Week Ended May 17
Stablecoin inflows slowed to $549 million during the week of May 11–17. Institutional purchases of Bitcoin and Ethereum continued at elevated levels.
CoinDeskRussia-Linked Ruble Stablecoin Seeks Role in Trade Settlement
A7A5, 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 Launches $1B Liquidity Facility for BlackRock’s BUIDL and Janus Henderson’s Tokenized Treasury Funds
Grove 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.comFasset Raises $51 Million in Series B Funding
The 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.comSenate Banking Committee Advances Digital Asset Clarity Act With Over 130 Amendments Ahead of Markup
The 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.comSenate Banking Committee to Consider Crypto Clarity Act This Week
The 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 Partner on Cross-Border Stablecoin Settlement
Anchorage 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.ukThree Privacy-Focused Blockchains Raise More Than $1 Billion Combined
Arc, 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.comSenate Banking Committee Advances Crypto Regulatory Bill Amid Union and Banking Opposition
The 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 Urges Banks to Contact Senators Over Stablecoin Yield Rules in Digital Asset Bill
ABA 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 Partners With M0 Stablecoin Platform, Plans to Serve Multiple Issuers
Anchorage 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.comStablecoin Projects Receive Funding and Bank Charter
A 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.comCorpay Adds Stablecoin Wallets and Blockchain Settlement Options via BVNK and JPMorgan Kinexys
Payments 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 Mints $1 Billion USDT on Tron Network
Tether 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 Raises $222 Million in Arc Token Presale at $3 Billion Valuation
Circle 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…
A16z Crypto Raises $2.2 Billion for Fifth Dedicated Crypto Fund
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.comSenate Banking Committee Schedules May 14 Markup of Digital Asset Market Clarity Act
The 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 Files With SEC for Tokenized Share Classes of Treasury Funds
BlackRock 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…
BenzingaSenate Banking Committee to Vote on Digital Asset Market Clarity Act on May 14
The 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.comSenate Banking Committee Holds Markup on Digital Asset Market Clarity Act of 2025
The 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 to Launch Two Money-Market Funds for Stablecoin Cash Holdings
BlackRock 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…
CoinDeskLagarde Calls for Europe to Prioritize ECB Digital Euro Over Private Stablecoins
European 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…
CoinDeskStablecoin Card Spend Remains Under 1% of Global Total Despite Reported 105% Growth
Retail 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.ieECB Officials Say Large-Scale Stablecoin Use Reduces Bank Lending
European 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 Takes First Place at Consensus Miami PitchFest for Onchain Stablecoin Compliance Tool
Coinbax, 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…
Substrate placeholder — needs reviewAmazon Web Services Launches AI Agent Payment System With Coinbase and Stripe
Amazon 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.netAnchorage Digital Says It Has Won Multiple Large Stablecoin Issuance Mandates
Nathan 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…
crowdfundinsider.comWhite House Adviser Patrick Witt Sets July 4 Target for Digital Asset Market Clarity Act
A 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…
CnbcRemitly Reports Q1 Results, Forecasts Q2 Revenue of $483-485 Million
New 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…
CoinDeskBermuda Expands Onchain Economy Initiative With USDC Airdrop
Bermuda is distributing USDC stablecoins to residents and onboarding merchants to accept digital payments as part of its onchain economy plan. Premier David Burt said the initiative aims to build payment infrastructure outside traditional card networks and banking rails. The proj…
finance.yahoo.comPantera Report Scores 542 Tokenized Assets on Spectrum From Wrapper to Native
A new analysis of 542 tokenized assets shows most remain wrappers rather than native on-chain instruments despite growing institutional interest. The $321 billion market is dominated by stablecoins, which account for 91.6 percent of total value. Pantera's authors say wrappers rep…
CoinDeskOpenTrade Raises $17 Million for Stablecoin and Real-World Asset Platform
London-based OpenTrade announced a $17 million funding round led by Mercury Fund and Notion Capital. The company, which has received prior backing from a16z Crypto, said the capital will support infrastructure expansion and team growth. OpenTrade reported $5.67 million in total v…
CoinDeskSolana Foundation President Discusses Stablecoin Adoption and Blockchain Payments at Consensus Miami 2026
Lily Liu pointed to Western Union and Meta integrating stablecoin payments on Solana as validation of the network's role in both human and machine economies. She addressed blockchain's suitability for micropayments and agentic commerce during her Tuesday speech. The remarks came…
manilatimes.netKraken Announces Partnership with MoneyGram for Global Crypto-to-Cash Conversion
Cryptocurrency exchange Kraken has partnered with MoneyGram to facilitate easier conversions between digital assets and cash at 500,000 retail locations worldwide. Kraken co-CEO Arjun Sethi stated the firm is 80% ready for an initial public offering. The announcements came during…
medianama.comU.S. Banks Seek Delay in Genius Act Implementation as Agora Applies for Bank Charter
Major U.S. banks have asked regulators for extended public comment periods before fully implementing the Genius Act, which would require stablecoin issuers to operate as banks. Banking groups also want to delay the law's rollout. Meanwhile, crypto firm Agora has filed for a natio…
CoinDeskAllUnity Expands MiCA-Compliant EURAU Stablecoin to Solana Blockchain
AllUnity has extended its euro-backed stablecoin EURAU to the Solana network, aiming for faster and cheaper transfers. The move supports businesses in cross-border payments and other uses amid growing euro stablecoin demand. Partners including Bullish are set to integrate the tok…
Substrate placeholder — needs review$301 Million Raised to Back rsETH After Kelp DAO Hack Impacts Aave
A coalition of DeFi participants has raised $301 million in commitments to support users affected by the Kelp DAO exploit, which created risks in Aave lending positions. The effort includes contributions from Aave DAO and figures like Consensys founder Joseph Lubin. Separately, A…
Vassia Atanassova - Spiritia / Wikimedia (CC BY-SA 3.0)Mark Cuban Proposes States Allow AI Agents and Stablecoins for Business Incorporation
Billionaire investor Mark Cuban suggested states enable business incorporation using AI agents and stablecoins, charging a premium to boost revenues. He recommended registering state agents on major AI marketplaces. An AI consultant questioned the proposal's value.
Substrate placeholder — needs reviewPresident Trump Supports Crypto Legislation at Mar-a-Lago Event with Industry Leaders
President Donald Trump addressed a private gathering at Mar-a-Lago, expressing support for the Digital Asset Market Clarity Act and urging banks to cease opposition. The event, attended by top holders of the $TRUMP memecoin and notable figures from the crypto sector, highlighted…
Substrate placeholder — needs reviewMiCA Regulation Enables European Banks to Add Bitcoin and Ether Trading to Brokerage Platforms
Major European banks have launched regulated digital asset trading services for retail investors in the past year, embedding them within existing brokerage systems. The Markets in Crypto-Assets Regulation has unified the framework across the European Union, enabling seamless inte…
Substrate placeholder — needs reviewWestern Union Reports Q1 2026 EPS Miss and Reaffirms Guidance in Earnings Call
Western Union disclosed an earnings per share miss for the first quarter of 2026 during its earnings call. The company reaffirmed its full-year guidance and highlighted synergies from Intermex, remittance stabilization, and stablecoin milestones. All details come from seekingalph…
Substrate placeholder — needs reviewJane Street Seeks Dismissal of Terraform Labs' Bankruptcy Lawsuit Alleging Insider Trading in 2022 UST
Jane Street submitted two filings on April 24, 2026, to a federal court in New York seeking dismissal of a lawsuit from Terraform Labs' bankruptcy estate. The suit accuses the trading firm of using insider information in trades preceding the 2022 TerraUSD stablecoin collapse. Jan…
pymnts.comMorgan Stanley Launches Stablecoin Reserves Portfolio Targeting Issuers on April 24
Morgan Stanley Investment Management introduced the Stablecoin Reserves Portfolio, a government money market fund designed for stablecoin issuers. The fund invests in U.S. Treasury bills and repo agreements, aiming for a constant $1 net asset value with daily liquidity. This laun…
Substrate placeholder — needs reviewTether Mints 1 Billion USDT as Weekly Stablecoin Issuance Hits 4.75 Billion
Tether issued 1 billion USDT seven hours before April 24, 2026, according to blockchain tracker Lookonchain. Over the past week, Tether and Circle together minted 4.75 billion dollars in stablecoins. The activity highlights ongoing expansion in the stablecoin sector.
Substrate placeholder — needs reviewCoinbase Expands Crypto-Backed USDC Loans to U.K. Users with Bitcoin and Ethereum Collateral
Coinbase launched a lending service for U.K. customers on Monday, allowing them to borrow USDC stablecoins using Bitcoin or Ethereum as collateral. Borrowing limits reach up to $5 million for Bitcoin and $1 million for Ethereum. The expansion builds on Coinbase's prior U.S. launc…
Substrate placeholder — needs reviewCryptocurrency Market Reports Strong Capital Inflows and Institutional Bitcoin Purchases
A weekly report highlighted $1.88 billion in new stablecoin inflows for the period of April 13 to 19, 2026. Decentralized exchange spot volumes increased while perpetual volumes decreased. Institutional demand included purchases of 34,164 Bitcoin valued at $2.54 billion.
Substrate placeholder — needs reviewCryptocurrency Platform Expands to Offer Up to $5 Million USDC Loans with BTC Collateral
An unnamed cryptocurrency platform has expanded its services, enabling users to borrow up to $5 million in USDC using BTC, ETH, or cbETH as collateral. The expansion builds on existing cryptocurrency offerings and provides access to stablecoin loans backed by major digital assets…
Substrate placeholder — needs reviewPaxos Acquires Crypto Wallet Firm Fordefi for Over $100 Million
Paxos, a stablecoin issuer, agreed to acquire the crypto wallet company Fordefi for more than $100 million. The deal expands Paxos's offerings in cryptocurrency infrastructure. Separately, Paxos Labs, a spin-off from Paxos, raised $12 million and serves customers including Hyperb…