Stablecoin
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JPMorgan Chase Considering Launch of New Stablecoin As Rival Big Banks Build Dollar-Pegged Token: Report
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JPMorgan Chase is now reviewing whether to launch its own stablecoin. The bank is doing that work on a separate track from a group of 21 banks and ...

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America’s Sixth-Largest Bank Launches Dollar-Backed Stablecoin for Cross-Border Transfers
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A major billion-dollar bank is executing a live pilot of its proprietary dollar-backed stablecoin on a public blockchain to move funds across ...

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Bank of America, Wells Fargo, Citi and Goldman Join 21-Firm Plan to Launch Stablecoin
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A group of 21 banks and financial firms including Bank of America, Wells Fargo, Citigroup and Goldman Sachs are preparing to launch a dollar ...

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Stablecoin card spending crosses $10.9B
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Cumulative stablecoin card spending has surpassed $10.9 billion, according to Paymentscan data cited by payment provider RedotPay on Aug. 25. ...

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Treasury Proposes Stablecoin Licensing Rules Under GENIUS Act
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The US Treasury Department has proposed new licensing rules for payment stablecoin issuers under Section 3 of the GENIUS Act, opening another major comment ...

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U.S. Treasury Department Seeks Public Comment on Implementation of GENIUS Act Stablecoin Legislation
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The U.S. Department of the Treasury is asking for public comment on the upcoming implementation of new stablecoin rules. The GENIUS Act, signed by ...

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OCC Grants Conditional Approval for World Liberty Trust Bank Focused on Stablecoin Operations
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A US banking regulator is granting preliminary conditional approval to World Liberty Financial’s application for a new national trust bank. The ...

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Stripe owned Bridge joins EU MiCA register as 42nd authorized stablecoin issuer
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Bridge has joined the EU’s MiCA register, increasing the number of authorized electronic money token issuers to 42 after securing regulatory ...

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Ethereum Turns 11 With $148B Stablecoin Base But Cooler Mainnet Fees
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Ethereum has turned 11, and the network’s birthday arrives with a very Ethereum-style contradiction: it is still one of the most important settlement ...

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US, UK deepen stablecoin talks after GENIUS Act
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US and UK financial regulators have expanded talks on stablecoins, tokenization and digital asset oversight as Washington begins implementing ...

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