US Banking Regulator Urges Small Banks to Enter Stablecoin Market
The US banking regulator urges community banks to explore stablecoin issuance, while applications remain unopened ahead of the January 2027 GENIUS Act deadline.
Stablecoins - Page 2
Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. They aim to combine the efficiency of blockchain transactions with the price stability of traditional money. Stablecoins are commonly used for trading, payments, and transferring value across crypto platforms. Some are backed by reserves, while others rely on algorithms or crypto collateral. Their growing use has made stablecoins a key bridge between traditional finance and the crypto economy.
Latest Stablecoins News
Ripple Adds 24/7 Returns and AI Automation to Corporate Treasury
Ripple adds AI automation and 24/7 Returns to corporate treasury, with qualifying RLUSD balances eligible and companies choosing workflow approval settings.
HSBC Launches RedCoin Stablecoin for PayMe’s 3.3M Users
HSBC is rolling out its Hong Kong dollar stablecoin through PayMe for transfers and shopping, with tokenized investment access planned later this year.
SoFi Launches SOFIE Tokenized Deposits With 4.40% APY
SoFi’s SOFIE offers a variable 4.40% APY on bank deposits eligible for FDIC insurance, with 1:1 conversion to SoFiUSD and a rollout through November.
US Finalizes First Stablecoin Rules Under GENIUS Act
The OCC’s final GENIUS Act rule takes effect January 18, 2027, easing its approach to rewards arrangements while retaining reserve and redemption safeguards.
Western Union Taps Noah for Stablecoin Transfers on Solana
Western Union has selected Noah for USDPT remittance payouts on Solana, letting recipients hold digital dollars. Launch markets, timing and fees remain undisclosed.
Visa Partners With Mesh to Enable Direct Crypto Wallet Payments
Visa and Mesh plan wallet-based crypto and stablecoin spending across Visa’s 175 million-plus merchant locations, with participating apps and launch details still to come.
Mastercard Launches Stablecoin Fraud and Sanctions Screening Tool
Mastercard’s Stablecoin Security will score payment risks for financial institutions, launching first in North America with worldwide availability expected in 2027.
Michael Saylor: Crypto Adoption Does Not Guarantee Token Gains
At ParaFi Investor Day, Michael Saylor separated crypto adoption from token returns and outlined his vision for Bitcoin-backed digital money.
BIS Study Finds Stablecoins Compete With Bank Deposits
BIS research links higher bank deposit rates to slower stablecoin growth, especially for USDC, while stopping short of proving an aggregate deposit drain.