Tagged: stablecoin

April 20, 2026 @ 7:59 am By Michael Wong  |  

Financial institutions are moving further into blockchain-based settlement infrastructure, with Singapore Gulf Bank (SGB) launching a stablecoin minting and redemption service aimed at corporate and high-net-worth clients. The Bahrain-based lender said the new offering enables clients to convert fiat currencies into digital tokens, and vice… Read More

March 26, 2026 @ 12:19 am By Tony Zerucha  |  

Sokin, a business payments and finance platform, has added stablecoin capability. There are no private keys, no contract addresses or native blockchain fees to worry about. A company’s stablecoin wallet sits alongside its traditional currency accounts in the same dashboard, with the same approvals, compliance,… Read More

March 18, 2026 @ 2:21 pm By JD Alois  |  

The CLARITY Act, or crypto market infrastructure legislation, is parked in the Senate after being approved in the House, and is largely held up by whether stablecoin holders will benefit from yield (or interest payments). As stablecoins must hold matching, low-risk assets like T-Bills, the… Read More

March 11, 2026 @ 5:22 pm By Tony Zerucha  |  

This week, Sonic Labs introduced USSD, a U.S. Treasury–backed stablecoin designed to serve as the native source of stable liquidity across the Sonic network and support on-chain financial activity throughout its ecosystem. It is is built on Frax’s GENIUS-compatible frxUSD stablecoin infrastructure, providing Sonic with… Read More

March 1, 2026 @ 1:29 pm By Tony Zerucha  |  

This week, MoonPay and M0 introduced PYUSDx, which enables the creation of application-specific stablecoins backed by PayPal USD (PYUSD). PYUSDx is designed to help builders launch and scale application-specific stablecoins while significantly lowering the technical and operational overhead to get started. The market is moving… Read More

February 16, 2026 @ 6:02 pm By Tony Zerucha  |  

Levl, a unified platform powering fiat and stablecoin global payments, announced this week it has closed $7 million in seed funding. The round was led by Galaxy Ventures with participation from Protagonist, Deus X, Blockchain Builders Fund, OpenFX, FalconX, CMCC, Variant Fund, and a strategic… Read More

February 16, 2026 @ 8:15 am By Tony Zerucha  |  

Fipto, a B2B payments and treasury firm, has partnered with Avenia, a Brazilian financial infrastructure provider, to launch a dedicated, two-way stablecoin corridor for EUR-BRL flows. Brazil is a global leader in digital payments, but the link to European markets is often a bottleneck for… Read More

February 16, 2026 @ 12:15 am By Michael Wong  |  

AlloyX, a digital-asset infrastructure firm owned by Nasdaq-listed Solowin Holdings, has entered into a partnership with Bahrain FinTech Bay as it moves closer to launching a regulated stablecoin in the Gulf state, positioning itself to tap growing institutional interest in compliant blockchain-based payments. The collaboration… Read More

February 2, 2026 @ 4:02 pm By Michael Wong  |  

Asia-based stablecoin trading and payment platform OSL Group said it has raised $200 million (HK$1.56 billion) in equity financing, as the company looks to expand globally and consolidate its position in regulated digital payments and stablecoin infrastructure. OSL said the net proceeds will be used… Read More

January 20, 2026 @ 8:16 am By Tony Zerucha  |  

Stablecoins, Bitcoin v. Ethereum, and MSCI’s decision not to exclude DATs from indexes had Web3 minds talking this week. MSCI won’t be excluding digital asset treasuries (DATs) from its indexes “(Recently) the MSCI decided it won’t be excluding digital asset treasuries (DATs) from its indexes… Read More

January 15, 2026 @ 12:25 am By Omar Faridi  |  

Zodia Custody has announced its expansion into supporting AUDM, marking it as the first global custodian to offer secure storage for Australia’s inaugural licensed stablecoin. This move, revealed on January 8, 2026, in Sydney, underscores the growing integration of regulated stablecoins into mainstream finance. Zodia… Read More

January 13, 2026 @ 12:32 am By Omar Faridi  |  

South Korea’s Financial Services Commission (FSC) is preparing to impose a 5% ceiling on corporate allocations to digital assets. This development, highlighted in recent reports from local outlets like Seoul Economic Daily, signals a cautious yet progressive shift in the nation’s regulatory landscape. The FSC… Read More

January 12, 2026 @ 10:32 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has signaled it might pull its backing from a key market structure bill if the legislation goes beyond requiring better transparency and instead curbs rewards for stablecoin users. This development, highlighted in a recent Bloomberg update, underscores growing tensions in Washington‘s push for… Read More

January 11, 2026 @ 3:17 pm By Michael Wong  |  

PhotonPay, a stablecoin-based payments infrastructure provider, said it had raised a Series B funding round of “tens of millions of dollars” led by IDG Capital, as investors step up bets on blockchain-enabled rails for cross-border commerce. Hillhouse Investment also participated alongside Enlight Capital, Lightspeed Faction,… Read More

January 11, 2026 @ 3:09 pm By Michael Wong  |  

Rain, which provides infrastructure that lets companies issue stablecoin-linked wallets and payment cards, said it raised $250 million in a Series C round led by ICONIQ, valuing the company at $1.95 billion. The financing also drew participation from Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy… Read More

January 2, 2026 @ 8:30 am By Tony Zerucha  |  

Former FBI Special Agent Stephanie Talamantez has more than a decade’s worth of experience leading cryptocurrency fraud investigations and recovering stolen digital assets. Now the senior managing director at Guidepost Solutions, she said as more institutions and individuals invest in digital assets, they need a… Read More

December 15, 2025 @ 5:17 pm By Michael Wong  |  

South Korea’s push to tighten rules for virtual assets is moving into a second legislative phase focused on stablecoins, as policymakers and financial firms step up discussions on how won-linked tokens could be issued and used, according to organisers of an industry forum. The second… Read More

December 14, 2025 @ 12:37 pm By Michael Wong  |  

Capital A Berhad and Standard Chartered Bank Malaysia have signed a letter of intent to explore the development and testing of a ringgit-denominated stablecoin, joining a growing list of firms looking to build regulated digital-asset rails for payments and settlements. The project would be pursued… Read More

November 26, 2025 @ 4:34 pm By JD Alois  |  

Klarna (NYSE:KLAR), a European Fintech that operates in the US, is planning to launch a dollar-based stablecoin. Klarna, best known for credit and payments, said it would be issuing KlarnaUSD using Stripe’s stablecoin infrastructure, “Open Issuance,” which is powered by Bridge. The stablecoin is currently… Read More

November 25, 2025 @ 10:45 am By Michael Wong  |  

Grab Holdings and Singapore-based stablecoin issuer StraitsX have signed a memorandum of understanding to explore building Web3-linked wallets and a stablecoin settlement network, the companies said. The partnership could let Grab users pay merchants across Asian markets using regulated digital tokens, per the announcement. Under… Read More