@RedotPay has raised $107 million in a Series B funding round to enhance stablecoin payments globally, now serving over 6 million users and processing $10 billion annually. #Update #Crypto $USDC
@StartaleGroup and @SBI_Holdings plan to launch a regulated yen-denominated stablecoin for global settlement by Q2 2026, targeting the $300 billion stablecoin market. #Update #Crypto $USDSC
The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets, potentially facilitating capital flight. Experts believe the market isn’t large enough for systemic impact yet. #Update #Crypto $USDT $USDC
@Circle secures a Financial Services Permission license from Abu Dhabi Global Market, enabling operations in the UAE and expanding USDC use in business payments. #Update #Crypto $USDC
The euro stablecoin market cap has surged to $680 million, doubling since the EU’s MiCA regulations took effect, with notable gains from EURS and EURC. Transaction volume also skyrocketed to $3.83 billion. #Update #Crypto $EURS
Stablecoin adoption is surging, with total market cap reaching $300 billion, driven by banks exploring tokenized deposits and fintechs integrating stablecoins into payment solutions. #Update #Crypto $USDT $USDC
The IMF’s new report warns of stablecoin risks, emphasizing potential threats to monetary sovereignty and regulatory compliance, while experts argue for coexistence with CBDCs. #Update #Crypto $USDT
@BlackRock’s report forecasts U.S. debt surpassing $38 trillion, boosting institutional crypto adoption, with potential for $BTC to exceed $200K next year amid AI-driven demand for mining infrastructure. #Update #Crypto $BTC
@BNPParibas joins nine European banks in the Qivalis initiative to launch a euro-backed stablecoin, aiming for a 2026 rollout to enhance digital payment infrastructure in compliance with EU regulations. #Update #Crypto $EURC
The FDIC, led by Travis Hill, plans to propose rules for stablecoin issuers under the GENIUS Act by December’s end, focusing on application frameworks and capital requirements. #Update #Crypto $USDC
Bank of Israel Governor Amir Yaron announced plans for stricter oversight of stablecoins, highlighting their significant market presence and risks due to centralization. A digital shekel roadmap was also revealed. #Update #Crypto $USDT
Brazil’s crypto market sees $6B-$8B monthly transactions, primarily in stablecoins like $USDT and $USDC. New tax rules, DeCripto, start July 2025 to enhance oversight. #Update #Crypto $USDT $USDC
Bolivia integrates stablecoins like $USDT into its banking system, allowing banks to offer accounts and payment services amid rising crypto use. #Update #Crypto $USDT
@Opera’s MiniPay launches “Pay like a local” feature, enabling stablecoin spending via USDT in Argentina and Brazil. Users can pay using local QR codes, enhancing crypto utility. #Update #Crypto $USDT
