US, UK treasuries to align transatlantic rules on tokenization and stablecoins
The two governments issued recommendations on the treatment of digital assets as the US prepares to implement a 2025 law on payment stablecoins.…
Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
Shunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on trading alone as it…
JCB signs Circle MOU to test stablecoin payments in Japan
The companies will explore using USDC for JCB’s crossborder treasury operations and merchant payments in Japan as regulated stablecoin adoption gains momentum.…
JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollarpegged stablecoin. Source：CoinDesk
Japan’s biggest card network taps Circle to bring stablecoins to 40 million merchants
JCB and Circle will explore using USDC for crossborder payments and merchant transactions as Japan ramps up efforts to bring stablecoins into everyday…
ABA, state banking groups push back on CLARITY Act stablecoin yield provisions
ABA and state banking associations published a joint letter calling for more detail on the CLARITY Act’s stablecoin yield provisions, ahead of the bill’s House…
Thai scammer's $122M wallet, Japan embraces crypto credit: Asia Express
Bitcoin backed mortgages and stablecoin yield are hot topics in Japan right now, as Hyundai experiments with Avalanche for global stablecoin transfers. Asia…
Bolivia mulls recognizing USDT as payment currency amid dollar shortage
As foreign currency reserves remain under pressure, Bolivia is considering a framework to let the world’s largest stablecoin be used for payments, savings and…
Hyundai completes USDT treasury settlement pilot between US and Mexico
Hyundai completed a proofofconcept using Tether's USDT to settle a crossborder treasury transfer between its US and Mexican subsidiaries, highlighting growing…
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.…