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Bastion Bags $14.6M to Help Brands Launch Digital Dollars Without Writing Code

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Bastion has raised $14.6 million in new financing led by Coinbase Ventures with Sony Innovation Fund and Samsung Next, pushing the stablecoin infrastructure startup’s total funding past $40 million to scale its white-label service for enterprises. Stablecoin-as-a-Service The New York–based firm, Bastion, builds Stablecoin-as-a-Service stacks that let companies issue branded digital dollars without writing code … Read more

Report: Unicredit, ING Lead 9-Bank Push to Build Euro Stablecoin by 2026

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Unicredit, ING and seven other European lenders plan a euro stablecoin, targeting a launch in the second half of 2026 as banks test a homegrown answer to a dollar-centric market. Bloomberg first reported the effort on Thursday. 9 European Lenders Form Consortium to Launch Euro Stablecoin Amid ECB Digital Euro Backdrop According to the report, … Read more

New Rails for Digital Dollars: Plasma’s Mainnet Beta Is Live

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Plasma launched the beta of its layer one (L1) mainnet and the XPL token on Thursday, pitching a chain purpose-built for stablecoin transactions and declaring more than $2 billion in stablecoin total value locked at kickoff. Plasma Targets Payments at Scale With Mainnet Beta, USDT Fee-Free Transfers The company says the network debuts with PlasmaBFT, … Read more

Stablecoin Giant Tether Pursues Capital Boost, Targeting $500B Throne

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Tether, the current heavyweight champ of stablecoin issuers, is reportedly eyeing a jaw-dropping $20 billion raise — a move that could catapult its valuation into the stratosphere at a cool half-trillion dollars. Stablecoin Issuer Tether Eyes Capital Raise Stablecoins aren’t just a sideshow anymore — since Jan. 1, 2024, defillama.com stats show the fiat-pegged crowd … Read more

Latam Insights Encore: Bolivia Should Embrace Stablecoins Before Stablecoins Embrace It

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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine the rising adoption process of stablecoins in Bolivia and how the government should embrace them for cross-border settlements. Latam Insights Encore: Bolivia’s Stablecoin Adoption Will Keep Growing – The … Read more

CFTC Advances Tokenized Collateral and Stablecoins Initiative for US Markets

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Tokenized finance is entering a new era as U.S. regulators fast-track stablecoins and crypto assets into mainstream derivatives markets. CFTC Backs Tokenized Collateral as Stablecoins Gain Ground in Regulated Markets A growing push for blockchain adoption in regulated finance is gaining momentum as U.S. agencies consider tokenized solutions for traditional markets. The Commodity Futures Trading … Read more

Plasma Introduces Plasma One — A Stablecoin‑Native Neobank and Card

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Plasma has unveiled Plasma One, a stablecoin‑native neobank and card designed to give global users permissionless access to saving, spending, earning and sending digital dollars in a single app. Targeting markets with high dollar demand — from Istanbul’s bazaars to Buenos Aires stores and Dubai traders — Plasma One offers instant onboarding with virtual cards, … Read more

Paypal Backs Stable, Enhances Future Adoption of PYUSD

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With the undisclosed investment, Paypal has secured the inclusion of PYUSD, its in-house stablecoin, in Stable’s stablechain, which is designed with this type of asset in mind. Paypal aims to increase the adoption of the asset, targeting commerce use cases first. Paypal Announces Strategic Investment in Stable, Secures PYUSD Availability on the Stablechain Paypal, one … Read more

Ripple Positions RLUSD as Compliance-First Stablecoin for Institutional Use

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Ripple’s game-changing stablecoin RLUSD is setting a new standard for transparency, compliance, and cross-chain scalability in institutional finance. Ripple RLUSD Aims to Redefine Stablecoin Utility Ripple shared on Sept. 16 an insight authored by Jack McDonald, senior vice president of stablecoins, focused on the company’s enterprise-grade stablecoin Ripple USD (RLUSD). McDonald detailed how RLUSD was … Read more

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