Meta is preparing to relaunch stablecoin payments later this year, leveraging a third-party vendor and a new wallet to navigate regulatory and operational challenges.
Bloomberg Intelligence estimates Coinbase’s USDC-related revenue could rise significantly if stablecoin payments adoption accelerates, even as lawmakers debate tighter yield rules.
A Polymarket market on which crypto firm ZachXBT may expose next has attracted nearly $3 million in volume. Traders currently assign the highest odds to Solana platform Meteora.
Stablecoin payments firm RedotPay is reportedly evaluating a US IPO that could raise over $1 billion and value the company above $4 billion. The move follows a year of significant fundraising and rapid user growth.
Stablecoin reserves on Binance have declined nearly 19% since November, reflecting weaker inflows and broader liquidity tightening across crypto markets.
ProShares’ GENIUS money market ETF posted $17 billion in first-day volume, highlighting rising demand for cash-management vehicles as tokenized funds and stablecoins reshape liquidity markets.
US lender Rate has introduced a mortgage product that allows verified cryptocurrency holdings to count toward underwriting requirements without requiring liquidation.
Austria’s financial regulator has barred KuCoin’s EU entity from onboarding new customers, citing gaps in key AML and sanctions compliance roles.
Crypto.com has received conditional approval for a national bank trust charter from the OCC, signaling continued regulatory engagement with digital asset firms seeking federal oversight.
NYDIG research indicates capital in crypto is concentrating around financial use cases, with fewer applications attracting durable investor interest. The shift may clarify long-term winners while reducing speculative breadth.
Binance says its exposure to sanctioned entities has fallen sharply since 2024 as the exchange intensifies compliance investments and regulatory alignment efforts.
JPMorgan acknowledged in a court filing that it closed accounts linked to Donald Trump after the January 2021 Capitol events, intensifying scrutiny over debanking practices.
SEC staff said broker-dealers can apply a 2% haircut to stablecoin holdings when calculating net capital. The clarification reduces regulatory uncertainty around stablecoin balance sheet treatment.
BitGo will issue and custody the FYUSD stablecoin, a dollar-pegged token targeting institutional investors in Asia. The product includes a programmable settlement layer designed for AI-driven transactions.
Lawmakers in South Korea are pressuring regulators after Bithumb mistakenly credited users with 620,000 BTC, raising concerns over oversight, operational controls, and the country’s digital asset framework.