OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach. Source:CoinDesk
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, nonbank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within…
Standard Chartered-led Anchorpoint says it’s not rushing retail stablecoin
The Standard Chartered and Animoca Brands joint venture previously targeted retail access as early as the end of 2026, but its CEO declined to reaffirm that…
HSBC rolls out its first stablecoin to over 3 million everyday app users
HSBC and Standard Charteredled Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began rolling out HKDAP in August.…
Sweden’s central bank revives e-krona debate as stablecoins and digital euro loom
The Riksbank sees an ekrona as critical to securing national payments and monetary control. Source:CoinDesk
HSBC launches Hong Kong dollar stablecoin for retail payments
HSBC is rolling out RedCoin wallets to PayMe users, with plans to support tokenized investment subscriptions and expand into institutional uses.…
Malaysia, Thailand join Singapore’s cross-border stablecoin push
BLOOM seeks to cut costs by helping financial institutions coordinate crossborder use of stablecoins and tokenized deposits. Source:Cointelegraph
Circle shareholder sues Trump, World Liberty and Steve Witkoff over crypto deals
According to a Circle shareholder, the US president’s “corruption” through USD1 left the company unable to compete with stablecoins, harming USDC.…
Crypto for Advisors: Stablecoins are ready for prime time
Source:CoinDesk
SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7. Source:Cointelegraph
American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress
Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield.…
Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform
The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”…