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Euro Coin (EURC) saw a sharp increase in on-chain activity as both daily active addresses and new wallet creation reached all-time highs in its four-year history, according to Santiment. The…
Sony Bank has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to open a national trust bank built for a stablecoin business. The company…
PayPal’s US dollar-backed stablecoin, PYUSD, has launched on the Polygon blockchain through a native issuance by Paxos. The latest move allows businesses to use the token for cross-border payments through…
ABcripto, the Brazilian Cryptoeconomy Association, asked the central bank to suspend a proposal to introduce a 24-hour delay for large stablecoin remittances. The organization explained that such a measure would…
Several major South Korean companies have said they have not formally joined the newly announced Open USD (OUSD) consortium, despite being listed among its participating organizations. Open Standard, the independent…
Standard Chartered has become the first global systematically important bank (G-SIB) to let institutional clients mint and redeem USDC directly through its banking platform, the lender has said. The service…
STBL has launched USST, an institutional-grade stablecoin backed by real-world assets (RWAs), on the Stellar network. The launch, announced July 1 and shared with Bitcoin.com News, comes through a partnership…
Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first subscription into a tokenized money market fund in Europe. According to the announcement…
Ripple has joined the OpenUSD (OUSD) consortium as a launch integration partner, placing itself inside a stablecoin initiative backed by more than 140 companies across payments, banking, fintech, and crypto.…
Open USD (OUSD) stablecoin has emerged as one of the crypto market’s biggest trending topics after the project drew attention with the announcement of a consortium-backed stablecoin initiative involving more…