Tag
stablecoins
50 articles
SoFi-Payward Link Banking Rails to Crypto Liquidity, Enabling 24/7 Dollar Settlement
SoFi and Kraken's parent company integrate stablecoin settlement with institutional crypto trading, addressing the structural friction between traditional banking hours and continuous digital asset markets.
Revolut Wins OCC Conditional Approval for U.S. Bank Charter
The London fintech secured preliminary clearance to operate as a national bank, pending Federal Reserve and FDIC sign-off before its targeted 2027 U.S. launch.
Neutrl Halts NUSD Minting Over Undisclosed Reserve Issue
The DeFi protocol suspended all NUSD functions and paused other operations on legal advice, with the cause and scale of any impairment remaining unclear.
272M USDC Moves Within Coinbase: Internal Liquidity Shuffle, Not a Show
On-chain data shows a $272 million stablecoin transfer from Coinbase Institutional to the main exchange wallet—routine treasury management, not a market-moving event.
Tempo Stablecoin L1 Hits 3.9M Transactions Since March Launch
The Paradigm-backed network processed $25 million in stablecoins across 177,000 addresses, targeting merchants and banks moving digital dollars.
Sberbank Plans Crypto-Backed Lending for BTC, ETH, USDT After Russian Regulatory Clearance
Deputy Chairman Anatoly Popov said the Bank of Russia must formally permit public circulation of the three assets before Sberbank activates collateral positions for Ether and Tether's stablecoin.
Venezuela Accepts Stablecoins as Sanctions Block Dollar Access
Locked out of U.S. dollar clearing, Venezuela is using USDT and USDC for cross-border trade — a live test of stablecoins as sovereign workaround.
Japan FSA Targets Tax Filing Rule Choking Trust-Based Stablecoins
The regulator's fiscal 2027 reform request seeks to exempt trust stablecoins from inheritance tax filing requirements that trigger on every token transfer.
RWA Deposits Triple to $7.4B in Q2 as DeFi Contracts 15 Percent
Tokenized assets expand into lending, spot trading and derivatives as broader DeFi activity slows, according to a CoinShares and Token Terminal report.
SBI's $270M Ajaib Stake Reveals Yen Stablecoin Distribution Strategy in Southeast Asia
Japanese financial giant acquires 20 percent of Indonesian investment platform to distribute JPYSC stablecoin and deepen regional digital asset footprint.
Revolut Launches EURR Stablecoin on Ethereum and Polygon With Bridge as Issuer
Revolut rolled out EURR, a euro-pegged stablecoin, across Denmark, Poland and Portugal, with Stripe-owned Bridge Building S.A. handling issuance and redemption.
Financial Incumbents Deploy Across On-Chain Stack as Stablecoin Payments Surge 350%
Traditional finance and fintech firms are building on-chain infrastructure for brokerage, tokenized assets, and DeFi, leveraging stablecoins as foundational payment rails.
SBI Holdings Deploys $270M in Ajaib to Establish Yen Stablecoin Foothold in Southeast Asia
The 20 percent stake in Indonesia's retail investment platform gives SBI direct distribution access for JPYSC across millions of users and a multi-asset trading infrastructure.
39 State Banking Groups Announce BankChain Alliance—Without Technical Specs or Bank Commitments
A consortium of state banking associations plans a blockchain network for tokenized deposits by 2027, but has not disclosed consensus mechanisms, governance structures, or secured participation from any major lender.
Revolut Launches EURR Stablecoin on Ethereum and Polygon
The euro-backed token, issued by Stripe-owned Bridge Building S.A., rolls out to customers in Denmark, Poland, and Portugal under MiCA compliance.
$320K Pendle Trade Triggers $36.4M in Morpho Liquidations
A single wallet's 11-trade burst on Aug. 25 pushed PT-reUSD down 3%, triggering 33 forced liquidations across 19-20 Morpho positions in under 14 minutes.
TRON Hits 400M Accounts in 8.16 Years, Stablecoin Volume Drives Growth
TRONSCAN data shows 400.21M cumulative addresses, with $94.2B in USDT and 11.82M daily transactions establishing TRON as the dominant settlement layer for dollar-denominated transfers.
Stablecoin Supply Hits $321B All-Time High as USDC Leads Weekly Inflows
Total supply added $2.45B in seven days, with USDC reaching $2B weekly growth and USDC capturing 90% of Base's $5B stablecoin liquidity
Neutrl Pauses NUSD After Undisclosed Reserve Issue
The $53.6M synthetic stablecoin halted minting and redemptions Aug. 14 on legal advice, leaving holders unable to access backing assets as the protocol investigates a potential loss.
Maple Finance Holds $1.9B in Active Loans, Second-Largest Institutional Crypto Lender
The on-chain credit platform has originated over $15 billion in cumulative loans and distributed more than $100 million in interest to liquidity providers since shifting to overcollateralized lending after 2022.
Coinbase CEO: Crypto Already Delivering Global Financial Access
Brian Armstrong outlines how stablecoins, DeFi, tokenized stocks, and Bitcoin are expanding financial services to billions outside traditional banking.
Circle Shares Climb 6.4% on IBM Patent Deal; CRCLon Offers On-Chain Exposure
Circle's stock surged after acquiring 680 patent families from IBM, fueling demand for Ondo Finance's tokenized equity wrap.
Maple Finance's Overcollateralized Model Hits $1.9B Active Loans
The institutional crypto lender rebuilt after 2022 with a 99 percent repayment rate on over $15 billion in cumulative originations.
Tether Mints 1 Billion USDT on Ethereum as Major Liquidity Hits Markets
The billion-dollar stablecoin issuance signals potential capital deployment across exchanges and DeFi protocols as Bitcoin and Ethereum rally.
Circle Mints $250 Million USDC as Stablecoin Demand Stays Hot
Circle issued 249.96 million USDC tokens on-chain, adding directly to circulating supply as Bitcoin trades at $72,718.
Europe Forces USDT Off Regulated Platforms as Global Demand Surges
Revolut drops USDT for EU users by Aug. 31, but on-chain data shows Tether adoption accelerating on low-fee networks in emerging markets.
USDT Holds Ground as Europe Exits, Argentine Volume Surges 60%
Tether delisted from Revolut and other European platforms after MiCA rules took effect, but global stablecoin demand remains firm as emerging markets drive growth.
DefiLlama Expands to 543 Chains, 15,181 Pools as On-Chain Assets Diversify
The analytics platform now tracks 8,343 protocols, 417 stablecoins and 2,270 RWAs, documenting how on-chain liquidity has fragmented across multiple chains and asset classes.
SEC, FASB Bypass Stalled Congress With Crypto Capital and Accounting Rules
Regulatory agencies advance digital asset frameworks through rulemaking as the Clarity Act stalls, clearing pathways for offerings up to $75 million annually and treating stablecoins as cash equivalents.
Tether Gets KPMG's Clean Audit Opinion—Then Keeps the Report Private
KPMG U.S. issued an unqualified opinion on Tether International's 2025 financials, verifying $6.81B in reserves above liabilities, but Tether will not publish the full statements.
Venezuela Routes Oil and Trade Payments Through USDT as Sanctions Block Dollar Access
Cut off from correspondent banking, Venezuela settles international transactions in dollar-pegged stablecoins — a live stress test no sandbox could replicate.
Tether Gets Clean KPMG Audit With $6.81B Reserve Cushion—and Withholds the Report
KPMG issued an unqualified opinion on Tether International's 2025 financials, verifying reserves $6.81 billion above liabilities, but Tether will not release the full statements.
Treasury Sets Hard Deadlines for Stablecoin Licensing Under GENIUS Act
A proposed rule released Monday draws legal boundaries on who may issue or sell payment stablecoins to U.S. customers, with compliance dates in 2027 and 2028.
Morpho Midnight Loan Book Doubles to $2.5M in Two Weeks on Base
The fixed-rate, fixed-term lending protocol launched on Base has doubled its loan book in 14 days, with cbBTC/USDC pairs anchoring early volume.
Tether Posts $6.8B Reserve Surplus in KPMG Audit, Targets AI Tools for 650M Users
KPMG physically verified 150 tons of Swiss-vaulted gold and confirmed a $6.8 billion surplus over liabilities, as CEO Paolo Ardoino pushes into emerging-market AI.
RWA.xyz Adds BNB Chain Tokenized Equity Tracker With Supply, DEX and Lending Data
The dashboard now covers tokenized stocks and ETFs on BNB Chain, pulling holder counts, spot DEX activity and lending deposits into a single view as RWA value on the chain hits $4B.
Venezuela Routes International Payments Through Stablecoins as Banking Rails Stay Blocked
Cut off from correspondent banking, Venezuela is settling cross-border trade in USDT and USDC — a live stress test for on-chain dollars at sovereign scale.
Stablecoin Card Top-Ups Cross $1B in July for the First Time
Monthly crypto card volume hit $1.084B in July, up 15.9 percent from June, as USDC dominated settlements and Mastercard paid $1.8B to acquire BVNK.
KPMG Gives Tether a Clean Audit Opinion — but the Report Stays Private
KPMG U.S. issued an unqualified opinion on Tether International's 2025 financials, the issuer's first full audit, but the underlying statements remain unpublished.
Neutrl Halts NUSD Minting and Redemptions After Reserve Problem Surfaces
The synthetic dollar's $53.6M supply is locked as Neutrl discloses an unspecified reserve problem and pauses protocol functions on legal advice.
KPMG Gives Tether Its First Clean Audit—Erasing the Market's Last Structural Objection
KPMG issued an unqualified opinion on Tether's 2025 financials, the first full audit in the stablecoin issuer's history after years of settlements, fines and skepticism.
Enterprises Want Settlement Rails, Not Blockchain Ownership—A16z Lays Out Why
Protocol teams that orchestrate partner-led solutions, not those selling infrastructure ownership, are winning enterprise deals, a16z crypto said.
Hong Kong's First HKD Stablecoin Fails Security Review 48 Hours After Launch
Blockchain analyst Yajin Zhou found HKDAP's Ethereum contract lets a single key mint, freeze and force-burn tokens, violating HKMA licensing rules.
Tether CEO Rules Out Proprietary Blockchain for USDT
Paolo Ardoino pushed back Aug. 15 on a CoinMarketCap analysis that grouped Tether with Stripe and Circle in a $1 billion stablecoin network race.
Tether CEO Shrugs Off KPMG Critics as Audit Scope Questions Linger
Paolo Ardoino says Tether International is the sole USDT issuer after KPMG's U.S. arm issued a clean opinion on its 2025 financials — but the full report remains private.
KPMG's Clean Tether Audit Closes a Decade-Long Trust Deficit—and Pressures Circle
KPMG issued an unqualified opinion on Tether's 2025 financials, the first full audit in the stablecoin giant's history, following two regulatory settlements totaling $59.5 million.
Tether Completes First Full KPMG Audit but Withholds the Statements
KPMG U.S. issued an unqualified opinion on Tether International's 2025 financials, showing a $6.81B reserve cushion — but the full audit document remains unpublished.
Venezuela Routes Dollar Payments Through Stablecoins as Sanctions Block Banking Access
Cut off from correspondent banking, Venezuela settles cross-border transactions in dollar-pegged stablecoins — a live test of whether blockchain rails can replace SWIFT for a sanctioned economy.
RWA Deposits Triple to $7.4B in Q2 as DeFi Deposits Drop 15 Percent
A CoinShares and Token Terminal report shows RWA spot trading up 220 percent year over year while overall DEX volumes dropped roughly 70 percent in the same period.
Securitize Tokenized AUM Hits $4.3B as Revenue Misses, Shares Fall 20%
Transaction volume surged 147% year over year to $5.3 billion, yet quarterly revenue fell to $14.4 million and the net loss widened to $21.7 million.