US Senate to vote on advancing CLARITY Act in September after Thune files cloture
The procedural move puts crypto market structure legislation back on track as lawmakers continue negotiations over ethics and stablecoin provisions.…
Domestic stablecoins could boost demand for dollar-backed tokens: IMF
IMF first deputy managing director Dan Katz says users may favor digital dollars for their liquidity, network effects and crossborder acceptance.…
Circle expands USDC to OKX ecosystem with X Layer launch
The rollout gives X Layer users access to Circleissued USDC and crosschain transfers as the stablecoin expands across major blockchain ecosystems.…
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.…
Stripe-owned Bridge joins EU MiCA register after Luxembourg approval
Stripeowned Bridge has entered the EU MiCA register following Luxembourg approval, joining regulated providers under the bloc’s crypto framework.…
Tether expands tokenization business into Saudi Arabia, starting with real estate
The stablecoin issuer is extending its tokenization business into Saudi Arabia, starting with institutional real estate assets with plans to expand to other…
Yen stablecoin issuer JPYC’s Series B reaches $38M
JPYC said it plans to use the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yenpegged token. Source：Cointelegraph
Western Union brings stablecoin remittances to Visa network with Stablecard
The remittance giant is rolling out Stablecard across 37 markets, targeting crossborder payments and consumers seeking US dollardenominated savings in volatile…
Mastercard, Borderless test shared identity checks for stablecoin transfers
Mastercard and Borderless are exploring ways to bring more trust into crossborder stablecoin transfers through the payment processing giant’s Crypto Credential…
Yellow Card raises $40 million to link banks to stablecoin processing
The funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago. Source：CoinDesk
Circle Q2 revenue falls short of Wall Street estimates
Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million. Source：Cointelegraph
Circle shares jump as earnings beat offsets revenue miss, Arc blockchain gains Wall Street backing
Shares jumped 10% in premarket trading as the stablecoin issuer revealed institutional adoption for its layer 1 blockchain Arc. Source：CoinDesk