Circle Launches in 40 New Markets Amid Stablecoin Demand
@Circle plans to expand USDC into 50 emerging markets, targeting Southeast Asia, Latin America, and the Middle East as demand for stablecoins rises. #Update #Crypto $USDC
stablecoins
USDC Payments Launch on SAP Pay Platform
@Circle has integrated USDC payments into SAP Pay via @Tereina, enabling eligible businesses to process stablecoin transactions within existing workflows. Access requires Circle Mint institutional accounts. #Update #Crypto $USDC
Ripple Launches Trillion-Dollar Brokerage Deals
@Ripple partners with @DriveWealth and Meritz Securities to integrate its RLUSD stablecoin and custody infrastructure into global brokerage and securities markets, expanding its capital markets strategy. #Update #Crypto $XRP
Tether Freezes $1.4M in TRON Vaults
THORChain’s TRON operations were interrupted on Oct. 9 due to a USDT vault blocklist affecting $1.45M, but resumed later the same day after the restrictions were reversed. #Update #Crypto $USDT
USDC Adoption Choked by Rising Deposit Rates
A BIS study reveals US deposit rates impact stablecoin growth, showing USDC’s growth slows by 4.8% per basis point increase, compared to 1.9% for USDT, affecting adoption dynamics. #Update #Crypto $USDC
Qivalis Launches MiCA-Compliant Euro Token
@Qivalis has received an e-money license from the Dutch central bank for its MiCA-compliant euro token, aiming to distribute through banks and exchanges while expanding its consortium to 37 European banks. #Update #Crypto $USDC
Stablecoins Face French Tax Driving Traders Offshore
Francois Volpoet, CEO of Chainalysis France, warns proposed tax measures could drive crypto traders offshore, citing security risks and compliance issues for self-hosted wallets. #Update #Crypto $BTC
Global Financial Watchdog Calls for Stablecoin Crisis Planning
The Financial Stability Board (FSB) warns of risks in multi-issuer stablecoin structures, highlighting potential crises due to reserve mismanagement and unclear legal claims during insolvency. #Update #Crypto $USDT
Stablecoins Surge as 50% of APAC Consumers Embrace
Visa’s survey reveals 49% of APAC consumers are open to using stablecoins by 2031, despite only 6% understanding them. Concerns about fraud hinder adoption. @Visa expands its stablecoin settlement network. #Update #Crypto $USDC
Ethereum Launches USDGO Fund for Hong Kong
OSL Group has tokenized the USDGO Plus SP fund on-chain, offering custody and distribution via its licensed Hong Kong platform for eligible professional investors. #Update #Crypto
EU Regulator Bans Unauthorized Stablecoins in 3 Months
EU regulators mandate crypto firms to cease services for unauthorized stablecoins, allowing limited resolutions until Jan. 8, 2027. Platforms must follow national guidelines for client holdings. #Update #Crypto $USDT
USDC Transforms Cross-Border Remittances for 82 Million Galaxy Users
Samsung integrates $USDC for cross-border remittances, allowing 82 million Galaxy users to send funds to over 60 countries without fees. Biometric authentication required. #Update #Crypto $USDC
TRON Boosts Polygon with $94 Billion Stablecoin
@PolygonLabs expands Open Money Stack by integrating the TRON network for stablecoin payments, enabling seamless cross-border transfers without separate banking connections. #Update #Crypto $USDT
Tether Partners with Kazakhstan for Stablecoin Innovation
Kazakhstan’s National Bank is collaborating with @Tether to explore a stablecoin pegged to the tenge and asset tokenization, aiming for a pilot proposal. #Update #Crypto $USDT