Mastercard Launches Stablecoin Settlement with 6 Partners
@Mastercard integrates $USDC, RLUSD, PYUSD, and three stablecoins into its global card settlement network across eight blockchains. Rollout continues through 2026. #Update #Crypto $USDC
Stablecoin
Coinbase Launches Stablecoin Payments for 1000+ Merchants
Coinbase partners with Checkout.com to enable stablecoin payments for over 1,000 merchants, allowing USDC and USDT acceptance while settling in dollars. #Update #Crypto $USDC
Ethereum: Ethena Labs Launches Institutional Lending
@Anchorage Digital’s Atlas now manages collateral for @EthenaLabs’ lending, maintaining assets in qualified custody and expanding their partnership. #Update #Crypto
Bitcoin Boosts Coinbase with Proshares ETF
Coinbase invests in Proshares’ GENIUS Money Market ETF, enhancing stablecoin reserve management amid new GENIUS Act standards for liquidity and transparency. #Update #Crypto
Stellar Launches Dollar Access for 60M Users
Moneygram launched MGUSD, a self-custodial stablecoin on the Stellar blockchain, enhancing digital USD access for 60 million users globally. $XLM demand may rise due to transaction requirements. #Update #Crypto $XLM
Binance Bans Foreign Stablecoins in South Africa
South African Reserve Bank and FSCA declare crypto assets and stablecoins are not legal tender, citing risks to National Payments System stability. #Update #Legal
Bitcoin Pushes Russia to Digital Independence
A7 reports 85% of Russian trades use friendly currencies, predicts independent payment rails in 2 years; A7A5 token moved $100B for sanctioned groups. #Update #Crypto
Cardano Surges as Stablecoin Market Soars 61%
Cardano’s stablecoin market cap rose 15% to $54.88M, led by USDCx at 45.20%. Cardano tops Messari’s weekly growth rankings with a 61% rise. #Update #Crypto $ADA
SoFi Launches SoFiUSD Stablecoin for 15M Users
SoFi Bank launches SoFiUSD, the first U.S. national bank-issued stablecoin on a banking app, now available to 15 million members on Ethereum and Solana. #Update #Crypto
Tether Launches Official Stablecoin for Georgia
@Tether plans to launch GEL?, a stablecoin pegged to the Georgian Lari, in collaboration with the Government of Georgia, aiming for lower transaction costs and regulatory interoperability #Update #Legal @Tether
Tether Launches GELT Stablecoin with Georgia
Tether partners with the Georgian government to launch GELT, a stablecoin tied to the Georgian lari, aligning with U.S. GENIUS Act standards and global laws. #Update #Crypto
FDIC Advances Stablecoin Issuers Rule
The FDIC proposed compliance standards for stablecoin issuers, including AML/CFT programs and sanctions controls, under the GENIUS Act. #Update #Legal
Crypto Revolution Sui Launches Gasless Transfers
Sui introduces gasless transfers for seven stablecoins, aiming to disrupt traditional payment systems. Mysten Labs anticipates AI adoption of these cost-effective rails. #Update #Crypto $SUI
IRS Launches Crypto Tax Study Bill
Washington initiates a review of crypto tax regulations with a new IRS study bill, potentially impacting the cryptocurrency market. #Update #Legal