(source: en.wikipedia.org)
Proposed rulemaking by the Federal Deposit Insurance Corp. focuses on how payment stablecoin issuers should meet Bank Secrecy Act and sanctions obligations. During the comment period, which closed Tuesday (Aug. 4), banks’ responses showed broad support for regulated stablecoin issuance. They also exposed unresolved questions...
Mastercard launched a partnership with stablecoin infrastructure network Borderless.xyz, according to a Wednesday (Aug. 5) press release. The collaboration will examine how Mastercard Crypto Credential’s standards-based framework can support trusted interactions in cross-border stablecoin payments, per the release. “Stablecoins are increasingly being used to move...
Samsung’s recent announcements that it is adding stablecoin support to new smartphones and that it acquired a stake in cryptocurrency exchange operator Dunamu suggest the company is positioning itself as a leader in stablecoins, CoinDesk reported Tuesday (Aug. 4). Citing interviews with analysts, CoinDesk said...
Western Union and global stablecoin platform Rain launched a stablecoin-based solution designed to enable users to hold dollar value, protect their money in markets where currencies frequently fluctuate, and spend that value at any Visa merchant or ATM, online or in store. The new Stablecard...
Stablecoins make perfect sense on paper. It goes without saying that if you replace a chain of correspondent banks with a blockchain transaction, then cross-border payments should become faster, cheaper and available around the clock due to the fundamental nature of blockchain versus the fundamental...
An FBI agent has allegedly turned himself in for stealing roughly $1 million in cryptocurrency. Patrick Steven Yaroch had contacted a Department of Justice (DOJ) employee last week and admitted to making “very poor decisions related to cryptocurrency wallets,” according to an FBI affidavit filed Monday (Aug. 4). The filing alleges...
Robinhood received regulatory permission to begin offering cryptocurrency services in the United Kingdom. The traditional platform has been part of the Financial Conduct Authority’s list of registered cryptoasset companies since July 31. The company’s inclusion by the FCA was flagged in a Monday (Aug. 3)...
Digital asset infrastructure company BitGo introduced BitGo Link, a way to connect institutional clients’ exchange accounts to its platform, according to a Monday (Aug. 3) news release. BitGo Link is a centralized control layer that gives trading and treasury teams a unified way to manage...
Stablecoins change how liquidity is managed, not simply how payments move. And findings in the July 2026 edition of the Payments Innovation Tracker® Series, a PYMNTS Intelligence collaboration with Paymentology, reveal how that fact is letting stablecoins help firms optimize deployable cash. As digital currencies become easier...