FDIC Moves GENIUS Act From Law to Practice With Stablecoin Rules
The Federal Deposit Insurance Corporation has issued its first official proposal outlining how banks can obtain approval to issue payment stablecoins, marking the GENIUS Act’s regulatory framework moving from statute to...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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Circle Asks SEC to Clarify Cash Treatment for Qualifying Payment Stablecoins
TL;DR: Circle’s comment letter asks the SEC to align its crypto-asset proposal with payment-stablecoin rules. The company’s reques...
Shopify’s Base USDC Checkout Puts Stablecoins Into Mainstream E-Commerce
TL;DR: The case study referenced more than $42 million of net settled payments and over 448,000 payments on the underlying Commerc...
Ethereum hosts 54% of all stablecoins as tokenized stocks jump 170%
Ethereum's dominance in stablecoins and growth in tokenized stocks could reshape financial markets, influencing blockchain adoptio...
Hong Kong Advances EnsembleTX to 24/7 Settlement and Plans Stablecoin Trials
TL;DR Settlement hours matter when both cash and assets can move. Continuous service also needs funding and operational support. S...
Binance Hacker Moves $96M in Stolen Solana to Bitcoin as Laundering Efforts Continue
On November 1, the wallet associated with the incident transferred approximately 486,970 SOL, valued at $46.4 million, toward Bitc...
Polygon Extends Open Money Stack to Solana for Stablecoin Payment Flows
TL;DR: The company said customers can fund accounts through bank transfers, cards, cash or digital assets, then route supported to...