Japan’s Largest Banks Plan Joint Stablecoin Launch by March 2027

In recent developments, megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026. Looking closer, market participants…

Peter Schiff Calls Jamie Dimon’s Stablecoin Regulation Argument ‘Nonsense’

In recent developments, peter Schiff pushed back against JPMorgan Chase CEO Jamie Dimon’s call for bank-style rules on crypto firms offering yield products. The debate centers on whether stablecoin issuers,…

Government Stablecoin Payments Would Fuel ‘Tax Evasion Economy,’ Lawmaker Warns

In recent developments, rep. Brad Sherman warned that allowing government payments in stablecoins would “sanctify an alternative to the U.S. dollar.” Looking closer, market participants highlight key drivers such as…

Visa tests private stablecoin settlement with Brale, Canton

In recent developments, visa is testing private stablecoin settlement on Canton with Brale, exploring whether institutions can use blockchain without exposing sensitive transaction data. Looking closer, market participants highlight key…

Bybit joins Western Union’s new USDPT network as stablecoin expands distrib…

In recent developments, the exchange integration gives Western Union’s dollar-pegged token access to crypto market liquidity as payment providers accelerate their adoption of stablecoins. Looking closer, market participants highlight key…

Russia targets British 17-year-old for alleging digital assets were skirting …

In recent developments, political activist Bill Browder, the teenager’s father, said his son was “the first high school student in the world to be sanctioned by an authoritarian regime” over…

Stablecoin Activity Surges to 49.7x Velocity as Crypto ETF Outflows Deepen

In recent developments, stablecoin use is accelerating beyond crypto trading, with filtered transaction velocity reaching a record 49.7 times annualized. At the same time, bitcoin and ethereum spot ETFs are…

Coinbase Enables Stablecoin Payments Across Checkout.com’s 1,000+ Merchant …

In recent developments, coinbase enables Checkout.com merchants to accept USDC and USDT through existing checkout systems. More than 1,000 enterprise customers can add stablecoin payments while settling in U.S. dollars.…

Coinbase invests in ProShares ETF tailored for stablecoin reserve assets

In recent developments, the exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products. Looking…

Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve

In recent developments, coinbase invested in Proshares’ GENIUS Money Market ETF as stablecoin reserve standards evolve. The fund uses short-term U.S. Treasurys, cash, and cash equivalents, giving issuers another compliance-focused…