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The U.S. Treasury Department is officially opening the floor for public comment on how to implement the nation’s first major stablecoin law. Treasury Invites Comment on Stablecoin Oversight The Advance Notice of Proposed Rulemaking (ANPRM) asks the public to weigh in on how the Treasury should tailor safeguards for payment stablecoins without choking off innovation. … Read more
Paypal’s PYUSD stablecoin is breaking out of its home turf, hitching rides on Tron, Aptos, Avalanche, Sei, and a string of other chains via Layerzero’s Stargate Hydra—giving it a passport far beyond its original digs. Paypal’s PYUSD Now Travels Cross-Chain The rollout also debuts PYUSD0, a permissionless sibling of the native coin already circulating on … Read more
The Space and Time Foundation has announced that its network will now accept USDC as a payment method, enabling developers to pay for zero-knowledge (ZK) data processing. USDC Integration Enhances Developer Experience The Space and Time Foundation has announced that its network will now support the stablecoin USDC as a payment method. This integration allows … Read more
Moneygram, a remittance industry giant, is gearing up to include stablecoin-powered operations for its cross-border transactions in Latam, adopting USDC in collaboration with Crossmint. The move aims to cut costs and retain users who are pivoting to stablecoins. Moneygram Pushes Stablecoins in New App to Debut in Latin America Moneygram, a global remittance platform servicing … Read more
Ripple, DBS, and Franklin Templeton are launching a high-powered tokenized asset framework that brings institutional-grade liquidity, yield access, and real-time portfolio rebalancing to onchain finance. Ripple, DBS, and Franklin Templeton Unveil Game-Changing Tokenized Asset Framework Ripple announced on Sept. 18 that it is partnering with DBS Group Holdings Ltd. and Franklin Templeton “to provide accredited … Read more
BDACS announced the launch of KRW1, a South Korean won-backed stablecoin, following a proof of concept that validated its technical design. BDACS Targets Payments and Public Disbursements With KRW1 Stablecoin KRW1 is trademarked by BDACS and issued on the Avalanche (AVAX) blockchain. The company said its system links fiat deposits, token issuance, and onchain verification … Read more
Plasma plans to flip the switch on its mainnet beta on Thursday, Sept. 25, pitching itself as the layer one (L1) built to move digital dollars at scale. Stablecoin Rails: Plasma Locks in Sept. 25 for Mainnet Beta Plasma said the launch is designed to anchor a stablecoin-first network and chase a trillion-dollar opportunity in … Read more
Australia’s corporate watchdog on Thursday unveiled a class exemption letting licensed intermediaries distribute stablecoins issued by Australian financial services (AFS) licensees without separate approvals. Class Relief Lets Crypto Brokers Distribute Stablecoins Under One License The relief, published Sept. 18 by the Australian Securities and Investments Commission (ASIC), covers secondary distribution of stablecoins and removes the … Read more
Australia’s corporate watchdog on Thursday unveiled a class exemption letting licensed intermediaries distribute stablecoins issued by Australian financial services (AFS) licensees without separate approvals. Class Relief Lets Crypto Brokers Distribute Stablecoins Under One License The relief, published Sept. 18 by the Australian Securities and Investments Commission (ASIC), covers secondary distribution of stablecoins and removes the … Read more
In a recent article, Alex Gladstein argues that Trump’s sudden embrace of bitcoin had ulterior motives. He believes Trump’s interest in crypto is more about promoting stablecoins to extend the dollar’s hegemony than about replacing fiat. Analyst Believes Trump Used Bitcoin as a Trojan Horse for Stablecoins The interest of the Trump Administration in bitcoin … Read more