Stablecoins

US Senator Blumenthal Calls Tether’s USDT a ‘Superhighway’ for Iranian Sanctions Evasion

A report from Democratic staff on the Senate Permanent Subcommittee on Investigations reveals that 846 cryptocurrency wallets linked to Iran and its regional proxies...

Gate logs 92 liquidations in BENUSDT market after dividend adjustment

Gate.io recorded 92 liquidations on its BENUSDT perpetual futures contract on September 30, following a $0.33 per-share synthetic dividend settlement on Franklin Resources (NYSE:...

HSBC Names Hong Kong Stablecoin ‘RedCoin’ Ahead of Retail Rollout

HSBC has unveiled RedCoin, a new stablecoin pegged to the Hong Kong dollar. The launch is planned for the second half of 2026. Initial...

Pendle brings fixed yield to Robinhood’s USDG stablecoin with March 2027 market

Pendle Finance launched a fixed-yield market for the USDG stablecoin on Robinhood Chain on September 30, 2026, targeting a March 2027 maturity date. This...

Stable Announces Visa Direct Integration for Bank and Mobile Wallet Payouts

Stable announced the integration of Visa Direct to enable stablecoin payouts to bank accounts and mobile wallets. This feature falls within the framework of...

Standard Chartered initiates Ethena coverage, sees ENA at $2 by 2028

Standard Chartered has initiated research coverage of Ethena's ENA token with a $2 end-2028 price target, representing approximately 669% upside from the current price...

HSBC prepares RedCoin stablecoin launch with payments in focus

HSBC unveiled HSBC RedCoin on September 20 as the official name of its planned Hong Kong stablecoin. The digital currency will first support peer-to-peer...

HSBC Unveils RedCoin, Its Stablecoin for Hong Kong

HSBC obtained in April 2026 the stablecoin issuer license from the Hong Kong Monetary Authority (HKMA) for its RedCoin token, pegged to the Hong...