OKX Europe lets users convert USDT to MiCA-compliant USDC
The feature offers European customers a voluntary path away from Tether’s USDT as MiCA rules reshape the region’s stablecoin market. Source：Cointelegraph
SBI acquires Singaporean crypto platform Coinhako after MAS approval
SBI Holdings received regulatory approval to acquire a majority stake in Singaporebased crypto exchange Coinhako as it expands into stablecoins, onchain…
Stablecoin growth will erode bank deposits, says ECB’s Cipollone
ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments. Source：Cointelegraph
BitPay secures Dutch licensing under MiCA, plans to expand stablecoin payments
The Dutch Authority for the Financial Markets approved BitPay’s application as a cryptoasset service provider under the Markets in CryptoAssets requirements.…
Stripe’s $53 billion PayPal bid is a high-stakes play to own the future of digital payments
If Stripe acquires PayPal, the real prize could be consumer wallets, stablecoin issuance or the infrastructure powering the next generation of digital…
Visa backs Open USD with new stablecoin platform as Circle faces fresh competition
Visa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network. Source：CoinDesk
Prediction markets defy crypto downturn with record Q2 volume: CoinGecko
Prediction markets reached a record $113.8 billion in notional volume in Q2 as spot CEX trading, derivatives volume and stablecoin market cap declined.…
FATF urges faster crypto AML enforcement as stablecoin crime increases
The global task force said criminal networks are using stablecoins and developing proprietary tokens to evade asset freezes as countries struggle to enforce…
Galaxy targets institutional stablecoin yield with new DeFi vaults
The crypto financial services firm launched Galaxy Curator, a Morphobased platform that gives Fireblocks' 2,400 institutional clients access to onchain yield…
Open USD poses biggest threat yet to Circle's USDC, CoinShares says
The consortiumbacked stablecoin would share reserve income with partners instead of the issuer, pressuring Circle's margins if it debuts in 2026.…
Visa, Mastercard and Ripple back x402 as agent payments average 32 cents
Forty companies now govern x402, the protocol Coinbase built and handed away. It settled about $24 million last month across 75 million payments.…
Velocity raises $38M to build stablecoin treasury infrastructure for enterprises
Backed by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses integrate stablecoins into treasury and payment…