Stablecoins News
OKX Targets Mainstream Users With Stablecoin Savings and Spending App
OKX has launched OKX Money, an app that turns more than 50 local currencies into dollar stablecoins with up to 10% yield on USDG and spendin...
Fed Moves to Tighten Stablecoin Rules Under GENIUS Act
The Federal Reserve proposed rules requiring stablecoin issuers it supervises to fully back tokens with liquid assets such as short-term Tre...
CFTC Chair Signals Major U.S. Financial Market Shift as Tokenisation Accelerates
CFTC Chairman Michael Selig told a Treasury market conference in New York that U.S. markets must be readied for mass tokenisation, predictin...
Goldman, Citi and Others Race Into Stablecoins with Plan to Launch in 2027
Twenty-one banks and asset managers, including Goldman Sachs, Bank of America and Citi, will form a company to issue a joint US dollar stabl...
Robinhood Chain Nears $1B DEX Volume as TVL and Stablecoin Liquidity Surge
Robinhood Chain hits record $989m DEX volume as TVL nearly doubles, while August activity shifts from memecoins to utility, infrastructure a...
Revolut’s EURR Stablecoin Goes Live in Limited Pilot, Takes Aim at Circle’s EURC
Revolut is rolling out EURR, a euro stablecoin issued by Stripe-owned Bridge, to first customers in Denmark, Poland and Portugal. ...
World Liberty’s USD1 Stablecoin Goes Live on Canton for Institutional RWA Settlements
World Liberty Financial has launched its $4.08 billion USD1 stablecoin natively on Canton, giving institutions a dollar that settles tokenis...
Treasury Opens Comment Period on GENIUS Act Stablecoin Rules
The US Treasury has proposed the first rules under the GENIUS Act, a 77-page plan governing who may issue, offer and sell payment stablecoin...
Mastercard, Borderless Pilot Crypto Credential Framework for Cross-Border Stablecoin Payments
Three payment providers will trial Mastercard's Crypto Credential as the companies explore standardised compliance for global stablecoin tra...
AI-Powered Microbusiness Boom Could Drive $262B in Stablecoin Payments by 2033
Swyftx projects AI-native freelancers and microbusinesses could settle $262 billion in stablecoin payments by 2033, a base case built on 33%...
Hyundai Completes 7-Minute Cross-Border Treasury Transfer Using USDT Stablecoin
Hyundai Motor's US and Mexican units settled a $20,000 treasury transfer in USDT on Avalanche in about seven minutes, a pilot Hyundai Card s...
Aave Launches on Monad with 12 Assets, Backed by $15 Million in Incentives
Aave has deployed its V3 lending markets on Monad with 12 assets and its GHO stablecoin, backed by $15 million in Monad Foundation incentive...