U.S. Bank tests USBDC stablecoin payment on Stellar
U.S. Bank completed a transfer between North America and Europe using USBDC, testing bank controls on Stellar without announcing a wider customer rollout.
Stablecoins News — Page 7
Stablecoin issuers, reserves, bank settlement, payments and regulation, with reporting on USDT, USDC and other digital currencies.
Block seeks US trust bank charter for Bitcoin and stablecoin custody
The proposed Builders Bank would put custody under OCC supervision without taking deposits or making loans. Regulatory approval is still required.
Visa says stablecoin settlement has passed $20 billion annualized run rate
Visa reports a sharp rise in stablecoin settlement and card-program activity, while its new financing model targets issuers’ daily funding gap.
Uzbekistan starts HUMO stablecoin payment pilot with government securities backing
The som-pegged token will be tested with participating merchants as regulators examine reserves, payment infrastructure and consumer safeguards.
Sber Plans USDT and Ether-Backed Loans as Russia Expands Crypto Rules
Russia’s Sber plans to accept Bitcoin, Ether and USDT as loan collateral while questioning demand for the digital ruble ahead of its Sept. 1 rollout.
Trump Delays Housing Bill Signing, Leaving US CBDC Ban on Hold
Trump has delayed signing a housing bill that includes a temporary ban on the Federal Reserve creating a CBDC. The bill also protects certain dollar-backed stablecoins from being treated like a central bank digital currency. The move could raise questions about whether other crypto legislation, including the CLARITY Act, may also face delays.
Ripple Secures Preliminary MiCA Approval in Luxembourg Ahead of EU Crypto Deadline
Ripple has received preliminary approval for a crypto asset service provider license in Luxembourg ahead of the European Union’s July 1 MiCA deadline. Once finalized, the license will allow Ripple to offer regulated crypto and stablecoin payment services across the European Economic Area, strengthening its position in Europe’s digital asset market.
Stablecoin Demand May Slow As Transaction Speed Rises, Says Standard Chartered
Stablecoin transaction speed has doubled, allowing more activity without increasing supply. Standard Chartered says this could limit future demand for new tokens despite rising usage. Still, the market is expected to grow significantly, with projections reaching $2 trillion by 2028.
72% Of Finance Leaders Say Digital Assets Are Now Essential, Ripple Survey Finds
Most finance leaders now see digital assets as essential, not optional. Stablecoins and custody solutions are leading adoption, while firms focus on building the right infrastructure to support long-term use.
Binance To List Centrifuge (CFG) For Spot Trading On March 16
Binance will list Centrifuge (CFG) for spot trading on March 16, 2026, at 13:00 UTC with trading pairs CFG/USDT, CFG/USDC, and CFG/TRY. The token will transition from Binance Alpha to the main spot market, with deposits opening one hour before trading and withdrawals starting March 17.
Tether freezes $4.2B in USDT over three years as crackdown on crypto crime intensifies
Tether has frozen $4.2 billion in USDT tied to suspected illicit activity over three years, reflecting growing cooperation with global authorities. As stablecoin issuers become key enforcement partners, USDT supply has also contracted amid shifting market liquidity.
Deutsche Bank-backed AllUnity debuts MiCA-compliant Swiss franc stablecoin on Ethereum
AllUnity has launched CHFAU, a Swiss franc–pegged stablecoin issued under MiCA compliance after securing a BaFin license. The token targets institutional settlement use cases and expands the firm’s regulated stablecoin portfolio. While CHF stablecoins have historically seen limited adoption, AllUnity is betting that regulatory clarity will drive institutional demand.
Standard Chartered reaffirms $2T stablecoin forecast, cuts T-bill demand outlook
Standard Chartered still expects the stablecoin market to reach $2 trillion by 2028, calling recent stagnation cyclical. However, it cut its forecast for stablecoin-driven T-bill demand to $800 billion–$1 trillion. The bank remains constructive on long-term crypto growth, even as it trims near-term Bitcoin price targets.
AI-driven boom or hollow growth? A fictional 2028 memo sketches mass layoffs, ghost GDP and stablecoin rails
Citrini Research’s fictional 2028 memo imagines AI boosting profits and markets while hollowing out jobs and consumer demand. In that world, stablecoins and crypto rails become the preferred payment layer for AI agents. The scenario highlights both the promise of AI-driven growth and the risk of widening inequality and structural economic strain.
Fed’s Kashkari calls crypto “useless,” dismisses stablecoin pitch as “word salad”
Kashkari says crypto hasn’t shown meaningful utility after a decade, while AI is already widely used. He also challenges stablecoin narratives, arguing they don’t offer clear advantages over existing payment apps and still face costly off-ramp friction in remittances.
Stablecoins Move Into Mainstream Finance as Survey Shows Rising Use for Salaries and Daily Payments
A global survey shows stablecoins are increasingly used for salaries and everyday spending, especially in emerging markets. Lower fees and faster cross-border transfers are key drivers. With regulatory clarity improving, stablecoins are gaining ground as practical payment infrastructure rather than purely trading instruments.
Africa Sees World’s Highest Stablecoin Conversion Spreads as Liquidity Gaps Persist
Africa leads in stablecoin adoption but also records the highest conversion spreads globally. Costs vary sharply by country, driven largely by competition and liquidity rather than blockchain technology. Stablecoins may cut remittance friction, but local market dynamics still shape the final price users pay.
Panetta expects tokenized bank money to remain central
Fabio Panetta told Italian bankers that bank and central-bank money would anchor a digital monetary system, while stablecoins’ role remained uncertain.