stablecoin
Coverage of stablecoin in the Nexus archive.
- Trump admin eases export controls for UAE; Warren blasts 'corrupt' provision
The Trump administration is easing export controls for the UAE, with the Commerce Department favorably reviewing exports involving MGX, which used a stablecoin linked to President Trump's family for a $2B Binance investment. Senator Warren criticizes the move as involving a 'corrupt' provision.
- Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
Hyundai has become the first major South Korean company to implement internal stablecoin transfers, marking a significant step in corporate adoption of blockchain technology.
- Stablecoin issuer Circle just got the greenlight to operate as a bank. The shares are up 12%
Stablecoin issuer Circle received approval from the U.S. Office of the Comptroller of the Currency to operate as a trust bank, leading to a 12% increase in its shares during premarket trading.
- Sony secures conditional approval to set up U.S. stablecoin trust bank
Sony has received conditional approval to establish a U.S. stablecoin trust bank. The approval allows the company to proceed with setting up the financial institution focused on stablecoins.
- Hyundai Card completes its first real-world stablecoin pilot with Avalanche, Tether
Hyundai Card completed its first real-world stablecoin pilot with Avalanche and Tether. Visa and Circle will participate in a second stablecoin proof-of-concept set to begin later this month.
- Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
Circle’s USDC is surpassing Tether in stablecoin volume, according to new data from Visa. The data indicates a shift in market share between the two stablecoins.
- Stablecoin transaction volume hits record $1.79T in June
Stablecoin transaction volume reached a record $1.79 trillion in June. Crypto researcher Nick Ruck noted that stablecoins are maturing and likely to expand further as the market evolves.
- French banking giant Crédit Agricole launches EURXT euro stablecoin
Crédit Agricole’s CACEIS has launched a euro-pegged stablecoin named EURXT on the Ethereum blockchain. The initial issuance includes 20.02 million tokens, aimed at facilitating institutional flows and providing access to tokenized funds.
- Taiwan’s legislature passes crypto, stablecoin regulations
Taiwan’s legislative branch has passed the nation’s first crypto and stablecoin regulations, which aim to integrate the country with the global crypto market.
- UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements
The UK is set to reduce capital buffers for stablecoins, a move that would be less stringent than the requirements under the EU's MiCA (Market in Crypto-Assets) regulatory framework.
- The Stablecoin Founder Map Doesn't Match the Stablecoin Volume Map
Emerging markets drive most real-world stablecoin usage, but founder concentration and venture funding remain focused in the U.S. and Europe. The article highlights a mismatch between stablecoin adoption in developing regions and the geographic origins of its creators and investors.
- Bank of England Eases Stablecoin Rules, Swaps Holding Caps for £40B ‘Guardrail’
The Bank of England has relaxed stablecoin regulations by replacing individual holding caps with a £40 billion per-coin issuance limit. Issuers are now permitted to hold more reserves in government debt under the new framework.
- Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap
The Bank of England has relaxed its strict stablecoin holding limits and introduced a $50 billion issuance cap. This regulatory adjustment reflects a shift in approach to managing stablecoin-related risks.
- Bank of England dilutes stablecoin rules with plan for £40bn issuer limit
The Bank of England is proposing regulations that remove restrictions on stablecoin holdings for individuals and companies, while introducing a £40bn limit for issuers.
- U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule
U.S. agencies are proposing stablecoin customer identification rules similar to those required for banks under the new GENIUS Act. The regulation aims to align stablecoin compliance with existing banking standards.
- Altcoin selling tops $266B as capital rotates out of crypto: Is altseason extinct?
Altcoin selling exceeded $266 billion as capital shifted away from cryptocurrencies. Altcoin spot demand reached its lowest level in six years, with stablecoins, stocks, and the AI industry attracting investor attention instead.
- IMF warns rising stablecoin use could weaken Naira demands
The IMF has warned that increasing use of stablecoins in Nigeria could reduce demand for the Naira. Nigeria remains one of the world's largest cryptocurrency markets.
- Scale of Stablecoin Adoption in Nigeria Makes Risks 'More Pronounced', Says IMF
The International Monetary Fund (IMF) warns that the widespread adoption of stablecoins in Nigeria amplifies risks, and efforts to restrict their use are likely to be only partially effective.
- Netomi CEO says $5 trillion AI customer experience market could boost stablecoin demand
Netomi CEO claims the $5 trillion AI customer experience market could increase stablecoin demand.
- Onchain gambling keeps rolling with $14B quarter despite crypto slump: TRM Labs
TRM Labs reported that onchain gambling reached $51 billion in 2025, driven by repeat users and stablecoin flows, maintaining resilience despite a broader crypto market decline. The sector generated $14 billion in a single quarter during the downturn.
- New York regulator proposes stablecoin rule to align with federal GENIUS Act, adds reserve limits
The New York Department of Financial Services (NYDFS) has proposed a stablecoin rule aligned with the federal GENIUS Act, introducing reserve concentration caps and mandatory risk management programs.
- Japan's Largest Banks Plan Joint Stablecoin Launch by March 2027
Japan's largest banks, MUFG Bank, Mizuho Bank, and SMBC, have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026. The stablecoin is projected to launch by March 2027.
- Japan's three largest banks aim for joint stablecoin issue by March
Japan's three largest banks plan to jointly issue a stablecoin by March. The initiative involves collaboration among the country's top financial institutions.
- Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term
Visa's CFO Chris Suh downplays the significance of stablecoin and agentic commerce to the company's short-term growth, attributing recent revenue gains to traditional fiat transactions. While Visa has expanded stablecoin-linked card programs and tested AI-driven payments, only $7 billion of its $14 trillion annual settlements involve cryptocurrencies. CEO Ryan McInerney and Asia-Pacific head Stephen Karpin express more optimism about these innovations, highlighting potential in emerging markets and Web3.
- Zodia Custody secures Luxembourg payment institution license to expand EU stablecoin services
Zodia Custody secured a Luxembourg payment licence from the CSSF, enabling regulated stablecoin custody and transfers across the EU.
- Banks' survey says people don't want to rock the boat if stablecoin yield risks lending
A banks' survey indicates that people are hesitant to take risks with stablecoin yields that could disrupt lending. The findings suggest caution around potential financial instability from stablecoin-related lending practices.
- Movement expands stablecoin payments push with access to US, Canada, EU rails
The Movement blockchain network has expanded its stablecoin payment initiatives by securing access to payment infrastructure in the US, Canada, and the EU, focusing on stablecoin settlement and remittances.
- MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
MoneyGram has launched a stablecoin on the Stellar blockchain network, aligning with the growing trend of digital dollar payments.
- Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users
Block, the parent company of Cash App, has initiated a phased rollout of its stablecoin feature to its nearly 60 million users. The move aims to expand access to cryptocurrency services through a structured implementation process.
- Mastercard secures New York BitLicense to support stablecoin and digital payment infrastructure
Mastercard has obtained the New York BitLicense, a regulatory approval enabling virtual currency activities. This move supports the company's efforts in developing stablecoin and digital payment infrastructure.
- UAE-linked ADI Chain gains Ledger support amid stablecoin growth
ADI Chain, a UAE-linked blockchain network, has integrated with Ledger's self-custody platform, enabling ADI token holders to manage their assets. The move coincides with ADI Chain's expansion of its stablecoin and tokenized asset ecosystem.
- UAE-backed DDSC stablecoin processes $30M institutional transaction
UAE-backed DDSC stablecoin has successfully processed a $30 million institutional transaction using ADI Chain, a layer-2 blockchain platform. The transaction demonstrates the growing adoption of blockchain technology for institutional payments and treasury operations.
- What's your favorite stablecoin yield strategy right now?
The article discusses stablecoin yield strategies and their reliability in relation to health factors. It was submitted by a user looking for a way to stay on top of health factors without constant screen time. The discussion is open for comments.
- Non-dollar stablecoins are struggling to crack 0.5% of market share
Non-dollar stablecoins are having trouble gaining market share, currently holding less than 0.5% of the market. This indicates a struggle for these alternative stablecoins to gain traction. The low market share suggests a dominance of dollar-based stablecoins.
- BoE deputy says tokenization could cut costs, boost competition
The Bank of England is considering reforms to support tokenized markets and stablecoins, aiming to keep digital money trusted and interoperable. This could lead to near-24/7 settlement and reduced costs. The goal is to boost competition in the market.
- South Korea's KB Financial completes stablecoin pilot for offline payments
KB Financial, the parent company of South Korea's largest bank, has completed a stablecoin payment pilot for offline payments ahead of the country's proposed digital asset framework. The pilot is a significant step towards implementing digital assets in the country. This development may pave the way for further adoption of digital payments in South Korea.
- What Does the Future of Stablecoin Development in DeFi Look Like?
The future of stablecoin development in DeFi is advancing with cross-chain liquidity and decentralized collateral models. Stablecoins have become a central part of the DeFi ecosystem, with some considering them crypto's biggest success story. However, concerns about centralization and regulation exist.
- Without stablecoin treasury yield, defi is a proof that finance is zero sum
The article discusses the concept of defi and its relation to finance being zero sum without stablecoin treasury yield. It was submitted by user /u/flersion. The topic is related to financial systems and their implications.
- ‘A million different ways to skin the cat’: Why stablecoin backers see incentives as inevitable under Clarity Act
Stablecoin advocates believe that limiting rewards is a losing battle as companies will find ways to incentivize users, arguing that incentives are inevitable under the Clarity Act. Stablecoin backers think that companies will always find creative ways to skin the cat. This means that trying to limit rewards may not be effective in the long run.
- GSR legal chief puts Clarity Act passage below 50% odds, citing stablecoin yield and ethics concerns
GSR's legal chief Joshua Riezman believes the Clarity Act has below 50% odds of passing this Senate session due to stablecoin yield and ethics concerns. The act's passage is uncertain. GSR is expressing caution about its prospects.