Allunity Launches SEKAU as First MiCA-Compliant Swedish Krona Stablecoin
In recent developments, allunity has launched SEKAU, a Swedish krona-backed stablecoin issued as a regulated e-money token under MiCA. The token is backed 1:1 by segregated SEK reserves and will…
Polygon Dominates Latam: How the Network Processed $309 Million in Stablecoin…
In recent developments, sandeep Nailwal, co-founder of the Polygon Foundation, stressed that the network managed over $300 million in stablecoins from emerging markets in May. He also highlighted that the…
CoinFund, Coinbase Back Stablecoin Payments Startup Trace Finance in $32 Mill…
In recent developments, stablecoin infrastructure firm Trace Finance said Wednesday that it raised a $32 million Series A round to help expand its reach. Looking closer, market participants highlight key…
Jerome Powell Supports Fed’s New Stablecoin Policies—But Chair Kevin Warsh …
In recent developments, the proposed rulemaking establishes how U.S. crypto companies will have to screen stablecoin customers after the passage of the GENIUS Act. Looking closer, market participants highlight key…
Fidelity Debuts GENIUS Act Aligned Stablecoin Reserve Fund With 0.25% Fee
In recent developments, fidelity has launched a government money market fund designed for stablecoin issuers managing reserve assets under the GENIUS Act. The product joins a growing wave of institutional…
US regulators push user ID requirements for stablecoin issuers akin to regula…
In recent developments, the proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated…
AllUnity debuts SEKAU, a fully reserved Swedish krona stablecoin
In recent developments, allUnity launches Swedish krona-backed stablecoin SEKAU with multi-chain support, expanding its stablecoin portfolio regulated under the EU’s MiCA framework. Looking closer, market participants highlight key drivers such…
Trace Finance raises $32M for cross-border stablecoin settlement expansion
In recent developments, the raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting blockchain payments with traditional banking systems. Looking closer, market participants highlight key…
Sui Blockchain Registers $65 Billion in Stablecoin Volume Following Major Fee…
In recent developments, the high-performance blockchain engineered for fast and cheap transactions has garnered attention, reaching large stablecoin volumes after making stablecoin movements fee-free at the protocol level. According to…
Trump’s Crypto Firm WLFI Backs UFC Freedom 250 With $250K in Stablecoin Fig…
In recent developments, world Liberty Financial is using Sunday’s UFC Freedom 250 at the White House to put its USD1 stablecoin directly into fighters’ hands, marking one of the most…
MyTonWallet Rebrands to My Wallet After Expanding to 11 Blockchains
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