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
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.
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
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,
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
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
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
Hong Kong is getting ready to issue its first batch of stablecoin issuer licences in Q1 of 2025, accelerating its efforts to place itself as a regional hub for digital assets at a time of increasing global competition. The Financial Secretary of Hong Kong, Paul Chan, spoke at the World
Binance has announced that it is listing the stablecoin of Ripple, RLUSD. Backed by a fiat currency, the stablecoin will be available in two pairs at the time of launch. Brad Garlinghouse has acknowledged this update. Up next, Binance has said that it will expand its list of partners and
Noble, a blockchain protocol initially developed on the Cosmos blockchain, has announced that it will discontinue its Cosmos SDK-based blockchain and develop an Ethereum Virtual Machine (EVM)-based Layer 1 blockchain, which will be deployed on the Mainnet on March 18, 2026. The move is quite significant from a tech shift
