Circle’s USDC has become the first stablecoin in the European Union to be classified as a significant e-money token under MiCA. It is the EU’s comprehensive crypto asset regulatory framework. The European Banking Authority made the designation after assessing USDC against the criteria set out in the regulation. It makes
Samsung Wallet is integrating Sui as its blockchain infrastructure partner, bringing USDC support directly to Galaxy device users across the United States. The rollout covers 82 million eligible U.S. Galaxy devices, not a new app to download, not a separate crypto wallet to set up. The Samsung Wallet is already
OKX has launched OKX Money, a standalone app that lets users save, send, and spend dollar-backed stablecoins. Significantly, it includes USDG, USDC, and USDT. The app supports over 50 funding currencies and virtual and physical cards for everyday payments. Besides, this offers up to 10% APY on eligible USDG balances
The Commodity Futures Trading Commission (CFTC) has approved the registration of Coinbase Clearing LLC as a Derivatives Clearing Organisation. This makes it the first USDC-native clearinghouse in the United States. The approval completes what Coinbase has been building toward for years: a full-stack, CFTC-regulated derivatives platform under one roof. Coinbase
Circle is extending its interoperability suite via Arc beyond USDC, using native CCTP transfers for EURC and cirBTC. EURC now has connections with Arc, Avalanche, Base, Ethereum, and World Chain, and cirBTC has connections with Arc and Ethereum. Circle initially introduced EURC support into CCTP via Ethereum and Base chains
Aave founder and CEO Stani Kulechov shared his excitement directly. The Aave App now allows users to link their bank account, deposit fiat, and have it automatically converted 1:1 into stablecoins. No bridges, no manual swaps, and no friction that typically stops mainstream users before they even get started. In
Russian cryptocurrency investors will have to “bear the losses” if foreign stablecoin issuers freeze their assets for reasons outside the control of Russian digital asset depositories, Deputy Finance Minister Ivan Chebeskov said as the country moves ahead with its new crypto market framework. The warning mainly concerns foreign-issued stablecoins such
Linera, a16z-backed Layer 1 blockchain project founded by former Meta researcher Mathieu Baudet, has announced it is ceasing operations immediately. The team communicated the shutdown via Discord, not a press release, not a formal investor notice, just a message in a community server. It stated that insufficient funding had made
Nu Holdings, the Brazilian fintech behind Nubank, Latin America’s largest digital bank, has launched Nu Global, a multi-currency digital account that automatically converts deposits into Circle‘s USDC and EURC stablecoins. The launch comes alongside a formal entry into the United States market, marking the company’s first move beyond its core
A group of 21 major financial institutions, including Goldman Sachs, Bank of America, Citi and Deutsche Bank, plans to establish a new company to issue a U.S. dollar-denominated stablecoin in the first half of 2027. According to the announcement from the institutions on September 1, they intend to form a
