Citi Ventures invests in stablecoin infrastructure firm BVNK
Citi Ventures confirmed its BVNK investment on October 9, 2025, citing infrastructure for moving between stablecoins and traditional payment systems.
Stablecoins News — Page 9
Stablecoin issuers, reserves, bank settlement, payments and regulation, with reporting on USDT, USDC and other digital currencies.
Rezolve AI Acquires Smartpay, Expanding $1B Stablecoin Payment Network Across Latin America and Africa
Rezolve AI has acquired Smartpay, a fintech platform processing $1B in annual USDt payments, to expand its AI-driven blockchain payment network across Latin America and Africa. The deal strengthens Rezolve’s partnership with Tether and highlights the growing convergence of AI, payments, and crypto adoption worldwide.
Vietnam’s Crypto Sandbox Sees Zero Applicants as Strict Rules Deter Industry Players
Vietnam’s crypto trading pilot remains stalled as no companies have applied to join the program. The country’s $379 million capital requirement and bans on stablecoins and tokenized securities have discouraged participation, putting it out of step with regional leaders like Singapore and Hong Kong.
GENIUS Act may end banks’ low-interest ‘monopoly,’ paving way for stablecoin revolution: Multicoin Capital exec
Multicoin Capital’s Tushar Jain says the GENIUS Act could signal the end of banks’ dominance over low-interest deposits, as stablecoins offer faster transactions and up to 10x higher yields. With Big Tech reportedly preparing to enter the market, a $6.6 trillion liquidity shift may soon reshape how consumers save, spend, and earn.
AI Agents Could Become Key Liquidity Drivers for Stablecoins, Says Paxos Labs Co-Founder
Paxos Labs’ Bhau Kotecha says AI agents could transform stablecoin markets by routing liquidity to the most efficient issuers, turning fragmentation into an advantage. With stablecoins surpassing $300 billion and companies like Cloudflare and Coinbase exploring AI-powered payment solutions, AI agents may soon become the dominant force in stablecoin adoption.
Kazakhstan Pushes Dual Approach With Digital Tenge and Evo Stablecoin, Rejects Rivalry Narrative
Kazakhstan is piloting both a CBDC (digital tenge) and a state-backed stablecoin (Evo), insisting they are complementary rather than competing. The digital tenge aims to strengthen sovereignty and interbank settlement, while Evo enables ecosystem integration and global crypto participation. Together, they anchor Kazakhstan’s ambition to become Central Asia’s crypto hub.
OpenAI Hits $500B Valuation, Overtaking SpaceX and Leaving Crypto Giants in the Dust
OpenAI has reached a record $500 billion valuation, overtaking SpaceX to become the world’s largest startup. While crypto companies like Tether and Coinbase trail far behind, analysts see synergies between AI agents and stablecoins, with bots already driving the majority of stablecoin transactions. Yet, questions remain over the sustainability of AI’s energy needs as the sector scales at breakneck speed.
USDT and USDC market share falls as rivals expand
October 2025 data showed a lower combined share for the two largest stablecoins. Falling market share can coexist with growing supply.
Circle Teams Up with Deutsche Börse to Boost Stablecoin Adoption in Europe
Circle has partnered with Deutsche Börse to integrate its EURC and USDC stablecoins into Europe’s financial market infrastructure. The move leverages MiCA rules but comes as regulators debate a potential ban on multi-issued stablecoins. The collaboration could reshape settlement and custody workflows across European markets.
Adrienne Harris Steps Down as NYDFS Head; Kaitlin Asrow Named Acting Superintendent
Adrienne Harris is stepping down as NYDFS superintendent after four years, with Kaitlin Asrow named acting head effective Oct. 18. Harris’ tenure was marked by major influence on US crypto and stablecoin policy, as well as efforts to strengthen transatlantic regulatory cooperation.
Polkadot considers DOT-backed pUSD stablecoin proposal
Bryan Chen’s pUSD proposal describes DOT collateral, liquidation safeguards and a savings module. The proposal is not a product launch.
USDT and USDC Lead $46B Stablecoin Inflows in Q3 as Demand Surges
Stablecoins posted $45.6 billion in inflows in Q3 2025, a 324% jump from Q2, led by USDT, USDC, and Ethena’s USDe. Ethereum continues to dominate stablecoin issuance, while other usage metrics like active addresses and transfer volumes showed declines despite record growth.
Eric Trump: Stablecoins Could Be the Key to Preserving US Dollar Dominance
Eric Trump says stablecoins could “save the US dollar,” pointing to his family’s USD1 token under World Liberty Financial. While supporters argue stablecoins may strengthen the dollar’s global reach, critics warn of conflicts of interest and financial stability risks tied to the Trump family’s direct involvement.
Bitfinex-Backed Stable Partners With PayPal to Integrate PYUSD Across Its Blockchain
Bitfinex-backed blockchain Stable has secured support from PayPal Ventures to integrate the PYUSD stablecoin onto its network. The move could expand PYUSD’s adoption in emerging markets while boosting Stable’s role as a settlement-focused blockchain “designed for USDT.”
UK petition for blockchain and stablecoin innovation gains momentum after Coinbase user push
A UK government petition calling for a pro-innovation blockchain and stablecoin strategy has gained traction after Coinbase urged its users to sign. The petition seeks stablecoin regulation, blockchain adoption in government, and a dedicated crypto policy leader. It has passed 5,000 signatures and needs 10,000 for an official response, with 100,000 triggering a parliamentary debate.
HSBC and ICBC prepare stablecoin license bids under Hong Kong’s new regime
HSBC and ICBC are preparing to apply for stablecoin licenses under Hong Kong’s new regulatory regime, which took effect on Aug. 1. Reports suggest ICBC and Standard Chartered are likely to receive first-round approvals, giving them a head start. The licensing framework sets strict requirements for issuers, making unlicensed stablecoins illegal for retail investors. Regulators have also warned that speculation around the rollout increases the risk of fraud, urging investors to remain cautious.
StablecoinX has expanded its financing commitment for Ethena’s ENA treasury to $890 million, further strengthening support for the project’s growth.
StablecoinX has expanded its financing for Ethena’s ENA treasury to $890 million, bolstering liquidity and strengthening support for the growth of the Ethena ecosystem. The move positions StablecoinX as a key player in backing Ethena’s stablecoin strategy and long-term sustainability.
India and US lead Chainalysis’ 2025 crypto adoption index
Chainalysis ranked India first and the US second in its 2025 index. The measure reflects estimated activity, not a census of crypto owners.