OCC Proposal Targets Stablecoin Yield Under GENIUS Framework
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.
Gate obtained a Malta Payment Institution license under PSD2, enabling regulated fiat and stablecoin payment services across the European Union.
World Liberty Financial has proposed a governance staking model alongside new incentives aimed at boosting adoption of its USD1 stablecoin.
AllUnity, backed by Deutsche Bank’s asset management arm, has launched CHFAU, a Swiss franc-pegged stablecoin for institutional clients under MiCA compliance.
Stripe’s co-founder John Collison expects rapid growth in AI agent-driven commerce powered by stablecoins and high-throughput blockchains.
The UK Financial Conduct Authority has selected four firms, including Revolut, to test stablecoin issuance and payments in a regulatory sandbox starting in Q1 2026. The initiative aims to shape the country’s final stablecoin framework.
Hong Kong plans to approve its first stablecoin issuer licenses in March as part of a broader push to formalize digital asset regulation. The government will also introduce new rules for crypto dealers and custodians this year.
Tether’s market capitalization is on track for a second consecutive monthly decline, reflecting softer capital flows in the crypto market. Analysts say stalled stablecoin growth could weigh on broader recovery momentum.
US authorities seized over $61 million in USDT linked to a large-scale pig butchering fraud scheme, highlighting increased enforcement against crypto-enabled scams.
Payoneer has applied for a US national trust bank charter as fintech and crypto firms increasingly seek regulated pathways to offer stablecoin and custody services.
Stripe is reportedly exploring an acquisition of PayPal or parts of its business as competitive pressures and strategic shifts reshape the global payments landscape.
Bloomberg Intelligence estimates Coinbase’s USDC-related revenue could rise significantly if stablecoin payments adoption accelerates, even as lawmakers debate tighter yield rules.
Terraform’s wind-down trust has filed a lawsuit against Jane Street over alleged trading tied to the 2022 TerraUSD collapse. The case centers on claims of using non-public liquidity information.
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.