OCC Outlines New US Payment Stablecoin Rules Under GENIUS Act

The Office of the Comptroller of the Currency (OCC) has moved to translate the GENIUS Act into detailed regulatory standards for payment stablecoins, setting out how these digital assets will be issued, backed, and supervised under federal authority. In a notice…

Circle quarterly results beat forecasts as USDC usage grows

Shares of Circle Internet Financial have risen sharply in premarket trading after the company released quarterly figures showing substantial growth in revenue, profitability, and usage of its USDC stablecoin. The latest report highlights rapid expansion in core metrics such as reserves-related…

Meta prepares stablecoin payment pilot with Stripe this year

Meta is preparing a renewed push into digital payments, planning to support stablecoin-based transactions later this year through a third-party partner, according to three people familiar with the initiative. The U.S. technology company led by Facebook founder Mark Zuckerberg aims…

How new SEC guidance on 2% haircuts impacts stablecoins?

The U.S. Securities and Exchange Commission ([SEC]) has issued new guidance that could significantly alter how broker-dealers treat certain stablecoins on their balance sheets. By allowing a standardized “2% haircut” on proprietary positions in eligible stablecoins, the agency is reshaping the regulatory…

Stablecoin adoption trends in the biggest African economies

Nigeria and South Africa, the biggest African economies, are emerging as major centres of demand for stablecoins, according to new survey data. A report based on responses from thousands of current and prospective crypto users indicates that these two countries are…

U.S. lawmakers face dispute over stablecoin yields and banks

A dispute over whether stablecoin users should be allowed to earn yield has become a central obstacle for U.S. lawmakers working on a Senate crypto market structure bill. The disagreement has hardened positions between major banks and digital asset firms,…

Malaysia’s central bank tests stablecoins for wholesale pay

Malaysia’s central bank is preparing to test new digital money tools that could reshape how payments work in the country and beyond. Bank Negara Malaysia (BNM) plans to explore local currency stablecoins and tokenized deposits through three projects scheduled to run under…

Hong kong moves ahead with first stablecoin license plan

Hong Kong is preparing to grant its first stablecoin licenses as early as next month, signaling another step in the city’s digital asset policy rollout. Financial Secretary Paul Chan Mo-Po outlined the plans on Wednesday at CoinDesk’s Consensus Hong Kong…

How will Tether manage 150 new hires and $1bn+ investments?

Tether, issuer of the world’s largest stablecoin, is intensifying its global expansion as it channels growing profits into new hires, technology initiatives, and a broad set of strategic investments, according to a recent Financial Times report. The push comes amid…

Is Brazil algorithmic stablecoin ban worth 90% market impact?

Brazil is advancing new rules that would sharply restrict algorithmic stablecoins and reshape how the country regulates cryptocurrencies tied to fiat money. A congressional committee has backed legislation that sets strict backing, transparency, and criminal liability standards for issuers, while also imposing…