SEC Approves Paxos for Blockchain Stock Clearing
Paxos Securities Settlement Company, LLC (PSSC) has received SEC approval to clear U.S. stocks on blockchain, enabling same-day settlements and bypassing legacy systems. #Update #Crypto $USDC
Paxos Securities Settlement Company, LLC (PSSC) has received SEC approval to clear U.S. stocks on blockchain, enabling same-day settlements and bypassing legacy systems. #Update #Crypto $USDC
Tether’s U.S.-focused stablecoin USAT ($USAT) surged to a circulating supply of $140.8M in April, up 540% from March, but still trails rivals like Circle’s USDC ($USDC) at $76B. #Update #Crypto $USAT
@UniCredit warns Europe may struggle to contain financial shocks from crypto firms due to limited crisis tools compared to the U.S., risking stablecoin reserve pressures under MiCA regulations. #Update #Crypto $USDC
@SoFi launches SoFiUSD, a dollar-backed stablecoin for 15 million app users, available on $ETH and $SOL, redeemable 1:1 for USD. Aims to expand stablecoin use in traditional finance. #Update #Crypto $USDC
@Keyrock reports AI agents processed $73M in transactions on blockchain from May 2025 to April 2026; growth forecasts predict $15T in purchases by 2028. #Update #Crypto $USDC
Tokenized money market funds represent only 5% of the stablecoin market, facing regulatory challenges as securities, limiting their growth potential to 10-15%, per @JPMorgan. #Update #Crypto $USDT
Kevin O’Leary praises stablecoins over $BTC for their financial system role and sees potential in layer-1 networks as TradFi firms move on-chain. #Update #Crypto $BTC
Osero, incubated by @Stablewatch and Soter Labs, raised $13.5M led by Sky Ecosystem to enhance stablecoin yield infrastructure with products like Osero Earn and Foundry. #Update #Crypto $USDT
@Circle’s upcoming Arc blockchain aims to bridge compliance gaps for financial institutions, raising $222 million in a presale and valuing it at $3 billion; shares surged 15% amid mixed earnings. #Update #Crypto $USDC
Stablecoins are gaining traction among institutions due to clearer regulations, with executives from @MoonPay, @Ripple, and @Paxos highlighting infrastructure and privacy challenges at Consensus Miami 2026. #Update #Crypto $USDC
European Central Bank President Christine Lagarde warned against euro-pegged stablecoins, advocating for central bank infrastructure to mitigate financial stability risks amid growing dollarization concerns in Europe. #Update #Crypto $USDC
@Bridge and @DeusXCapital executives at Consensus 2026 highlighted that large corporations and AI agents are driving stablecoin growth, with institutional adoption expected for cross-border payments. #Update #Crypto $USDC
@TetraTrust launched CADD, Canada’s first CAD-pegged stablecoin approved by Alberta Treasury Board, aiming for institutional use in 24/7 settlements. Supported by major firms like @Shopify and @NationalBank. #Update #Crypto $CADD
Tether reports $1.04 billion Q1 profit and record $8.23 billion in excess reserves, with USDT liabilities stable at $183 billion amid rising global demand for stablecoins. #Update #Crypto $USDT