Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks
Japanese investment bank Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank doesn't address slowing USDC growth or…
SBI Holdings' blockchain initiative pivots to Solana for tokenization, stablecoin issuance
The SBI Solana Global joint venture now includes the Solana Foundation, the Swiss organization that oversees the layer1 network. Source:CoinDesk
Japan’s SBI to launch yen stablecoin lending with 3% yield
SBI VC Trade will open JPYSC lending applications on July 16, offering an initial 3% annual rate for a 12week term without deposit insurance.…
Japan stablecoin payments advance with Lawson trial, Netstars launch
Lawson will test yen stablecoin payments in Tokyo as Netstars launches a merchant service supporting USDC, USDT and JPYC. Source:Cointelegraph
AI microbusinesses could drive $262B in stablecoin volume by 2033: Swyftx
The AInative cohort of the expanding gig economy could increasingly use stablecoins to avoid slow and expensive traditional payment rails, Australian crypto…
Bank of Thailand targets USDT and cash flows in gray money crackdown
Thailand has been plagued by Chineseaffiliated scam centers, with illicit gains flowing through a “gray money” economy. Source:Cointelegraph
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's TerraLuna crash, but stablecoins will likely resume their longterm…
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of…
Meta's Chief Data Officer Says Agentic Commerce is the "Next Tier of Business"
Alex Schultz says stablecoins are assumed inside Meta. The harder problem is getting the rest of the world there. Source:CoinDesk
Crypto Biz: How stablecoins found their niche
Stablecoins are carving out specialized roles as regulation reshapes the market, while Strategy’s Bitcoin sale and Vanguard’s tokenization push highlight…
Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently. Source:CoinDesk
Aave rolls out vaults for yield-hungry fintech investors
Aave's new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits Source:CoinDesk