Visa, Mastercard and Stripe Just Backed a New Stablecoin Called OUSD
OUSD, a new dollar stablecoin backed by Visa, Mastercard, Stripe, Coinbase and Shopify, launched with over $1 billion in initial liquidity across four blockchains.
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HSBC Unveils RedCoin, Its New Hong Kong Dollar Stablecoin
HSBC has named its upcoming Hong Kong dollar-pegged stablecoin "RedCoin," with a rollout planned for the second half of 2026 starting with P2P and merchant payments.
Citigroup Taps Coinbase to Bring Stablecoin Payments to Corporate Clients
Citigroup is deepening its ties with Coinbase, leaning on the exchange's infrastructure to help corporate clients pay with stablecoins as it expands into custody and tokenization.
The Fed Just Proposed New Rules for Stablecoins Under the GENIUS Act
The Federal Reserve unveiled two new proposals for payment stablecoins, requiring full reserve backing and a formal approval process for bank-issued coins.
HIFI Raises $37M to Build Out Stablecoin and Tokenized Market Infrastructure
Stablecoin infrastructure play HIFI just closed a $37 million raise, aiming to build the plumbing behind tokenized markets as institutional demand keeps climbing.
Tether's Offshore Bank Just Froze Its Funds — Should USDT Holders Worry?
Some of Tether's reserves are stuck at an offshore bank facing liquidation after a US asset seizure. Here's why the company says it's not a big deal.
SoFi Just Made Stablecoins Part of Everyday Card Payments
SoFi is now settling its entire Mastercard card program using its own stablecoin, SoFiUSD, in a program expected to top $25 billion a year.
Circle Flips the Switch on Arc Mainnet to Push USDC Everywhere
Circle's new Arc network wants to make USDC the default currency for both payments and gas fees on-chain.
Nubank Just Turned Your Bank Account Into a Global Stablecoin Wallet
Nubank is bringing its banking playbook to the US with Nu Global, a multi-currency account quietly powered by USDC and EURC stablecoins.