U.S. Bank has completed its first publicly announced transaction with USBDC, their own dollar-backed stablecoin built on Stellar, moving funds between the bank's North American and European divisions in a pilot test.
PayPal launches PYUSDx with M0 and MoonPay, enabling businesses to create custom stablecoins backed by its PayPal USD digital currency.
On Tuesday, the LayerZero team announced via X that BDACS has selected LayerZero's OFT standard to take KRW1, the first on-shore Korean won-backed stablecoin, cross-chain.
Circle will acquire Tazapay for $400 million in stock, adding payment infrastructure across more than 100 markets to expand USDC’s global utility.
Block has applied to establish Builders Bank & Trust, an uninsured national trust bank offering custody services for bitcoin, stablecoins and other assets.
KuCoin has launched KCUSD with daily compounding, a dynamic base APR of up to 4%, and planned collateral utility for eligible crypto users.
The UK's central bank is set to be given a new legal duty to support stablecoin innovation, with the amendment expected to land in the House of Lords this week.
Ethereum’s EIP-8141 Frame Transactions could enable sponsored gas fees, bundled approvals and replaceable wallet keys through its 2027 Hegotá upgrade.
On Wednesday, the Sui Foundation announced via X that Kravata is now live on the Sui blockchain.
On Wednesday, the Stellar Org announced via X that USDT0, the infrastructure that brings Tether’s USDT to every network, is now live on the Stellar network.
G20 finance leaders pledged clearer digital-asset and stablecoin rules while supporting innovation and improving cross-border payment systems.
Singapore proposes rules requiring stablecoins to maintain 100% reserves while banning issuers from paying yield or interest on token holdings.
