Tag: Stablecoins
Kyrgyzstan Ends USDKG Stablecoin Project After UK Sanctions
USDKG ends as Kyrgyzstan orders liquidation of its issuer and state-owned crypto exchange. UK sanctions targeted USDKG’s original issuer months before Kyrgyzstan ordered its closure.…
Citi Partners With Coinbase to Bring Stablecoin Payments to Corporates
Citi clients can accept stablecoins through Spring by Citi without managing digital assets. Coinbase converts stablecoin payments into fiat before Citi settles proceeds for merchants.…
Binance Buys $100M Circle Stake in New Five-Year USDC Deal
Binance purchased 1.24 million Circle shares for $100 million through a private placement. Circle will pay Binance incentives tied to qualifying USDC balances held through…
Hong Kong Plans Stablecoin Settlement for Tokenized Funds
Hong Kong plans regulated stablecoin settlement for tokenized money market funds. HKMA will test tokenization of over HK$1.3 trillion in Exchange Fund Bills. Hong Kong…
Coinbase Partners With Moov to Bring Stablecoin Services to 1,000+ Banks
Coinbase and Moov will extend stablecoin services to 1,000+ community banks. The integration supports payments, settlement, payouts and real-time funding. Moov will connect Coinbase’s infrastructure…
Circle CEO Says AI Agents Use USDC for 99% of Payments
USDC settled 99.3% of x402 AI agent payment volume during Q2 2026. Circle’s USDC circulation reached $73.3 billion by the end of Q2 2026. Circle…
Bernstein Says Circle Growth Defies CLARITY Act, Sets $140 Target
Bernstein maintains an Outperform rating and $140 target for Circle stock. USDC supply grew $1.7 billion, supporting Circle’s stablecoin growth outlook. Bernstein says Circle’s growth…
Tether Says USDT Is Powering Commerce Across Developing Countries
USDT adoption grew in Venezuela, Argentina, Bolivia, and Turkey amid currency pressures. Developing markets increasingly used USDT for payments, savings, trade, and settlements. Latin America’s…
OCC Approves Trump-Linked World Liberty Bank for USD1 Stablecoin
OCC clears World Liberty Trust’s path toward federally supervised USD1 operations nationwide. USD1 issuance and custody will move from BitGo after final regulatory approval arrives.…
