Stablecoins

The Democratic ranking member of the Senate Permanent Subcommittee on Investigations asked Paolo Ardoino for records related to a reported deal between Tether and Nxum.

Bitcoin Magazine Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head The Bank of Korea told lawmakers it will draft a forex law amendment this year to regulate stablecoins as a means of payment, a plan that points to tighter…

Phantom users will fund trades with CASH stablecoins, with market restrictions applied in Michigan, Nevada and Washington.

Malaysia and Thailand have joined Singapore's BLOOM initiative for cross-border stablecoin and tokenized deposit settlement.

Global bank HSBC has launched RedCoin, its first stablecoin, for public use.

HSBC and Standard Chartered-led Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began rolling out HKDAP in August.

South Korea is currently developing the Digital Asset Basic Act, which seeks to establish a comprehensive framework for crypto.

A joint institutional review finds euro stablecoin supply up 23% post-MiCA, while OTC crypto volumes grew 57% as centralised exchanges contracted.

The Riksbank sees an e-krona as critical to securing national payments and monetary control.

HSBC is rolling out RedCoin wallets to PayMe users, with plans to support tokenized investment subscriptions and expand into institutional uses.

BLOOM seeks to cut costs by helping financial institutions coordinate cross-border use of stablecoins and tokenized deposits.

PayMe users will be able to activate a stablecoin wallet in-app in the coming days for peer-to-peer and peer-to-merchant payments.

LG CNS is set to integrate Chainlink's cross-chain, data, and orchestration infrastructure into its digital asset platform.

ValueChain's SoDEX platform has integrated Morpho's open credit network, letting users deposit USDC into curated vaults to earn on-chain lending yield.

Senator Richard Blumenthal, the ranking Democrat on the investigations subcommittee, added a probe of the ex-White House crypto adviser to his list of crypto interests.

According to a Circle shareholder, the US president’s “corruption” through USD1 left the company unable to compete with stablecoins, harming USDC.

The Animoca Brands-backed RWA marketplace has tokenised a portfolio of US residential real estate loans, targeting a 7% net APY from 1 USDC.

Bitcoin extended daily losses to 3% as US stocks came under pressure from President Donald Trump’s comments on Iran military action.

Las Vegas spent three days asking who carries the risk when money moves itself. On the last morning, the first federal stablecoin rule gave part of an answer.

Digital asset and stablecoin infrastructure provider Fireblocks says that reports that it is in talks to be acquired by Visa for $2.5 billion are "news to us".

Each SOFIE token represents $1 on deposit at SoFi Bank, earning 4.40% APY with FDIC insurance—a yield-and-protection combination ordinary stablecoins lack.

Cross-border payments remain slow and expensive but fintech outfits such as Wise and Remitly have substantially cut costs relative to traditional retail bank wires while stabelcoins still suffer from issues with friction, according to BIS research.

The regulation bans direct yield payments to customers from stablecoin issuers, but the OCC said it would "evaluate" third-party yield arrangements on a case-by-case basis.

EBA E-mail alert 14 October, 2026 Date 14/10/2026 Anonymous (not verified) Wed, 10/14/2026 - 17:00 News & Press ​The EBA classifies USDC as the first significant e-money token in the European Union

Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act