Payments
Institutional

US Treasury’s first GENIUS rule now redraws who controls stablecoins at scale

Treasury’s first proposed GENIUS rule landed on April 1 as a notice of proposed rulemaking. The text inside it builds the operational architecture for US…
Payments

Circle Faces Backlash for Failing to Freeze Stolen USDC During $285 Million Drift Exploit

The post Circle Faces Backlash for Failing to Freeze Stolen USDC During $285 Million Drift Exploit appeared first on Unchained. Read Full Story at Unchainedcrypto.com…
Infrastructure

Drift explains $280M exploit as critics question Circle over USDC freeze

Drift said a durable nonce attack helped drive its Solana exploit, as critics questioned why stolen USDC moved for hours without a freeze. Read Full…
Infrastructure

Non-USD stablecoin senders on Solana nearly tripled year-over-year, led by EURC and BRZ: Dune

Solana’s non-USD stablecoin adoption surged nearly threefold in the past year, driven by EURC and BRZ growth alongside institutional integrations from Visa, Stripe, PayPal, Mastercard,…
Payments

Tether hired top HSBC gold traders, then cut them weeks before auditors arrive

Tether spent early 2026 expanding into gold. By the end of March, it had already cut the senior hires behind that push, turning what looked…
Payments

Hong Kong hasn’t issued a single HKD stablecoin license after March target

Officials flagged March for initial approvals, but licensing has yet to begin with no updated timeline Read Full Story at Coindesk.com →
Payments

Latin America’s Mercado Libre Pulls the Plug on Its Crypto Coin

Latin America’s e-commerce giant Mercado Libre quietly killed its Mercado Coin loyalty token—pivoting to its own stablecoin. Read Full Story at Decrypt.co →
AI

Base Doubles Down on Global Markets, Stablecoins, and AI Agents

Coinbase’s Layer 2 shifts focus to tokenizing every major asset class and scaling stablecoin payments. Read Full Story at Thedefiant.io →
Markets

CLARITY Act deadline in weeks could kill stablecoin earnings and push money into Bitcoin

Senate Banking is targeting the second half of April for a markup of the Digital Asset Market Clarity Act, with Easter recess running through Apr.…
Markets

Cross-Border FX Startup OpenFX Raises $94 Million, Hits $45 Billion in Annual Volume

OpenFX, the cross-border payments startup using stablecoins as a settlement layer, raised $94 million in a Series A led by Accel, Lightspeed Faction, M13, Northzone,…