Payments
Institutional

Hyundai completes USDT treasury settlement pilot between US and Mexico

Hyundai completed a proof-of-concept using Tether’s USDT to settle a cross-border treasury transfer between its US and Mexican subsidiaries, highlighting growing enterprise interest in stablecoin-based…
Institutional

Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks

Japanese investment bank Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank doesn’t address slowing USDC growth or rising…
DeFi

Stablecoins are moving more money while crypto’s cash pile gets smaller

Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa Onchain Analytics, up 63% from May’s $1.10 trillion and 125% higher…
Industry News

Bolivia mulls recognizing USDT as payment currency amid dollar shortage

As foreign currency reserves remain under pressure, Bolivia is considering a framework to let the world’s largest stablecoin be used for payments, savings and trade.…
Industry News

JCB to test stablecoin payment service for tourists to Japan

JCB to test stablecoin payment service for tourists to Japan Read the full story at Nikkei Asia →
Payments

Housing Bill With a CBDC Ban Becomes Law Without Trump’s Signature

The 21st Century ROAD to Housing Act bars the Federal Reserve from issuing a digital dollar through 2030, and it took effect after Trump withheld…
Industry News

Pakistan crypto chief seeks dialogue after scholar rules against crypto payments

Pakistan’s virtual-assets regulator called for continued dialogue on the treatment of digital assets after meeting an Islamic scholar who backed a ruling against purchases made…
Markets

Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic

The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022’s Terra-Luna crash, but stablecoins will likely resume their long-term…
Infrastructure

Hong Kong builds a gold and yuan network that sidesteps dollar stablecoins

Stablecoins won over users by making money easier to move, long before the financial world agreed on what they meant. That helps explain the scale…
Institutional

Circle can now open a US trust bank but cannot take ordinary deposits or make loans

Circle National Trust starts with custody for Circle and affiliates, while outside institutional custody and USDC reserve management remain future possibilities. The post Circle can…