Stablecoins Revolutionize UN Aid Delivery
Circle Foundation announced grants to fund UNDP and WFP digital payment initiatives using $USDC stablecoins to lower aid distribution costs. #Update #Crypto $USDC
Circle Foundation announced grants to fund UNDP and WFP digital payment initiatives using $USDC stablecoins to lower aid distribution costs. #Update #Crypto $USDC
Tether’s $USDT is central to Iran’s shadow banking, says Senate report; Tether disputes, citing $550M in USDT freezes. USDC less involved. #Update #Crypto $USDT
RLUSD hit $2.941B, up 86% in 2026; PYUSD at $2.74B, down 22%. XRP Ledger added $63M RLUSD, now 44% share. #Update #Crypto $XRP
The Federal Reserve proposes stablecoin issuers maintain $1 in reserve for each $1 issued, with redemption rights and AML scrutiny, under the GENIUS Act. #Update #Crypto
Reeve Collins unveils “Stablecoin 2.0,” featuring onchain reserves and separated yield, potentially transforming stablecoin transparency and functionality. #Update #Crypto $USDT
@SoFi and @Mastercard have launched stablecoin settlement for SoFi Bank’s card program, migrating over $25 billion in annual volume to SoFiUSD, redeemable 1:1 for USD. #Update #Crypto $USDC
Coinbase CEO Brian Armstrong argues USDC rewards differ from bank interest due to 1:1 reserves, sparking debate on stablecoin regulation after CLARITY Act failure. #Update #Crypto $USDC
SoFi becomes the first national bank to settle card transactions via blockchain with Mastercard, using its SoFiUSD stablecoin for $25 billion annually. #Update #Stablecoin
@Circle has secured a sponsorship deal with Chelsea FC, promoting $USDC on team jerseys for the 2026/27 season, aiming to enhance brand recognition among football fans. #Update #Crypto $USDC
Scammers in Venezuela exploit cloned $USDT tokens, tricking merchants with zero-value transactions. Experts advise verifying Tether contract addresses or using @Binance to avoid losses. #Update #Crypto $USDT
SBI Holdings invests in Singapore’s Dtcpay, completing a $25M Series A to expand stablecoin payments across Asia. The funding supports merchant growth and new payment products. #Update #Finance
@21shares links rising XRPL activity to potential $XRP demand due to fees, reserves, and bridge use. Tokenized assets and stablecoins may drive future growth. #Update #Crypto $XRP
SBI Digital Practice and Kyobo Life completed a Japan-Korea stablecoin test bypassing dollar conversion, using yen-won tokens in a Canton Network trial.
RLUSD circulation hit $2.42B, up 41% in a month; Ethereum holds $1.37B, surpassing XRP Ledger’s $1.05B. Watch XRP ETFs with $1.68B inflows. #Update #Crypto $XRP