Fri, October 16

Chinese National Jailed for Laundering $36.9M From Crypto Pig-Butchering Scam

A U.S. Federal court has sentenced Jingliang Su, a Chinese national, to 46 months in prison for laundering $36.9 million, which is connected to a crypto scam that targeted Americans. This scam is called the Pig butchering scam, which is a well-known scam in the U.S. and one of the

January 28, 2026 2 mins read

BitMart to List Stablecoin USAT Trading Pair

BitMart, a digital asset exchange platform, has announced that it will list a trading pair of USAT. Deposits are available with trading scheduled to go live soon. The development comes at a time when the US Dollar has dropped to a near 4-year low. BitMart earlier listed a trading pair

January 28, 2026 2 mins read

Tether Introduces USAT as a New U.S. Stablecoin to Compete With Circle’s USDC

Circle’s USDC has dominated the U.S. institutional market for so many years. Now analysts say that Tether’s newly launched USAT could become the first credible domestic challenger to USDC. What is USDC USAT is a dollar-backed stablecoin created for use inside the United States. USAT is designed to meet the

January 28, 2026 2 mins read

Japan Moves to Strengthen Stablecoin Oversight With New Reserve Asset Rules

Japan’s financial regulator, the Financial Services Agency (FSA), has opened public consultation on the new rules that will decide which bond Stablecoin issuers can be used as reserves. The consultation is open until Feb 27, 2026, and the final rules will apply to all regulated yen-backed stablecoins issued in Japan.

January 27, 2026 2 mins read

Bitwise Launches First On-Chain DeFi Vault Using Morpho for Stablecoin Yield

Bitwise, a well-known crypto investment firm, officially enters the DeFi by launching its first on-chain vault, and the product went live on January 26. The product runs on the Morpho protocol, which allows users to earn yield directly on the blockchain. The Vault is non-custodial, and Bitwise acts as a

January 27, 2026 2 mins read

European Banks Launch Qivalis to Issue Euro-Pegged Stablecoin

The association of 10 European banks has made a firm known as Qivalis to roll out a euro-pegged stablecoin, as per an announcement from the group. This step focuses on offering an alternative to U.S. dollar-denominated digital payment systems.  The participating banks comprise BNP Paribas, ING, UniCredit, Banca Sella, KBC,

January 24, 2026 2 mins read

US Bank Lobby Makes Stablecoin Yield Restrictions a Top 2026 Priority

The American Bankers Association (ABA), a leading financial body in the United States, says that yield-paying stablecoins are a major concern in 2026. As the group says, stablecoins giving interest could take away funds from traditional banks and destabilize the financial system, prompting a debate between banks and the crypto

January 23, 2026 2 mins read

U.S. Banks Push Congress to Restrict Stablecoins and Crypto Data Access

The traditional banks in the U.S. are pushing the lawmakers to change the crypto rules that would limit the stablecoins and financial data sharing. This push was led by the American Bankers Association (ABA), which is the major group of U.S. banks. Why Banks Want Stablecoin Yields Banned ABA’s are

January 22, 2026 2 mins read

Ripple President Says Stablecoins Will Power Global Settlement

The President of Ripple, Monica Long, has mentioned in a new thread on X that stablecoins will be the base of global settlement, not an alternative rail, mounting fiat-pegged tokens as the pillar of cross-border money movement instead of just a side experiment.  She highlighted Visa, Stripe and other prominent

January 21, 2026 2 mins read