Stablecoins
Bank Lobby Presses OCC For Clarity On Stablecoin Rewards After Final Rule
The Bank Policy Institute renewed its criticism in its October 24 newsletter of how the OCC will assess arrangements that pay stablecoin holders through...
Stablecoins
Stablecoin deposits in DeFi hit $24B, up 560.8% in three years
Stablecoin deposits in decentralized finance protocols reached $24 billion, up 560.8% over three years, according to Token Terminal data published on October 25, 2026....
Stablecoins
How $37 million stolen from Americans moved through a Bahamas bank into Tether’s USDT
U.S. authorities extradited Zheng Zhao, a 44-year-old Chinese national, to the United States for his alleged role in laundering $36.9 million stolen from 174...
Stablecoins
Stablecoins: American Banks Strike Back
American banks are expanding tokenized deposits to compete with stablecoins, notably Circle’s USDC. SoFi launched SoFi Earn, which pays a variable annual yield of...
Stablecoins
Crypto: Transfers from Canada to Three Asian Countries Surge 141%
Transfers of less than 10,000 dollars in stablecoins and bitcoin from Canada to India, the Philippines and China reached 2.36 billion dollars in 2026,...
Stablecoins
HSBC launches RedCoin: Hong Kong stablecoin arrives on PayMe and its 3.3 million users
HSBC began the gradual rollout of RedCoin on Friday, October 23, with the stablecoin pegged one-to-one to the Hong Kong dollar and backed by...
Stablecoins
Circle CEO Jeremy Allaire says Democrats won’t reverse the GENIUS Act
Jeremy Allaire argues that the broad bipartisan support behind the GENIUS Act should prevent Democrats from repealing it even if they take control of...
Stablecoins
Circle’s new USDC auctions let institutions collect the fees others pay to cash out
Circle Match pairs eligible institutional USDC mint and redemption orders through hourly, prefunded auctions. Institutions redeeming USDC fund rebates for institutions minting it, with...