Japan Regulator Supports 3 Major Banks’ Stablecoin Launch
The Japanese Financial Services Agency (FSA) will assist @MitsubishiUFJ, @SumitomoMitsui, and @Mizuho in developing a stablecoin proof-of-concept starting this month. #Update #Crypto $JPY
The Japanese Financial Services Agency (FSA) will assist @MitsubishiUFJ, @SumitomoMitsui, and @Mizuho in developing a stablecoin proof-of-concept starting this month. #Update #Crypto $JPY
U.S. Federal Reserve Governor Stephan Miran warns stablecoins could reach $3 trillion, impacting monetary policy and strengthening the dollar; new regulations under the GENIUS Act expected. #Update #Crypto $USDT
@Ripple’s RLUSD stablecoin surpasses $1B market cap in under a year, becoming the 10th largest U.S. dollar-backed stablecoin. Demand grows as Ripple processes nearly $100B in payments. #Update #Crypto $RLUSD
@Bitnomial becomes the first U.S. derivatives clearing organization to accept stablecoins as margin collateral, adding $RLUSD and $XRP for leveraged trading, enhancing capital efficiency for institutional clients. #Update #Crypto $XRP
@Circle CEO Jeremy Allaire announced the launch of the Arc public testnet, aimed at facilitating on-chain financial workflows with USDC as a key component for enterprises. #Update #Crypto $USDC
@Ripio has launched a new stablecoin, wARS, pegged to the Argentine peso, enabling global transactions without banks. This follows a drop in Argentina’s inflation rate to 31.8%. #Update #Crypto $ARS
MiCA aims to regulate stablecoins but may inadvertently legitimize systemic risks as they integrate with traditional finance, prompting the Bank of England to propose caps on holdings. #Update #Crypto $USDC
@Citi and @Coinbase are collaborating to enhance digital asset payment services for institutional clients, focusing on fiat transactions and future crypto custody by 2026. #Update #Crypto $BTC $ETH
$XRP gains momentum as Ripple secures over 40 US money-transmitter licenses, enhancing its compliance and integration with regulated payment partners, while institutional adoption rises globally. #Update #Crypto $XRP
Stablecoins are outpacing $BTC in daily transactions, with $146B vs. $63.8B on October 6, highlighting their utility in global payments and remittances amid regulatory support from the U.S. government. #Update #Crypto $USDT
Coinbase Institutional’s Q4 2025 report indicates a positive crypto outlook, citing liquidity, macro conditions, and stablecoin usage as key factors. Bitcoin and Ether are favored for institutional investment. #Update #Crypto $BTC $ETH
Japan’s three largest banks, @MitsubishiUFJ, @SumitomoMitsui, and @MizuhoFG, plan to launch a stablecoin pegged to the yen for corporate clients, enhancing blockchain-based digital money adoption. #Update #Crypto $USDT
@Coinbase launches “Coinbase Business” for USDC payments, offering 4.1% APY on balances and integrations with QuickBooks/Xero. Exploring stablecoin utility across platforms amid competition with Circle. #Update #Crypto $USDC
@BNY_Mellon is exploring stablecoin infrastructure development but hasn’t committed to launching its own token, focusing on supporting the ecosystem instead. #Update #Crypto $USDC