Stablecoins, central bank digital currencies and the new rails of digital cash.
Mantle, the blockchain backed by Bybit, is making a major push to onboard institutional assets by combining high-level compliance infrastructure with a politically notable partnership. The network announced a significant partnership with World Liberty Financial (WLFI) to deploy its USD1 stablecoin on Mantle. This news was delivered at TOKEN2049 by high-profile figures, including Donald Trump … Read more
Crypto.com is integrating with Morpho, the second-largest decentralized finance (DeFi) lending protocol (with a Total Value Locked of approximately $7.7 billion), to bring yield-earning stablecoin markets to the Cronos blockchain. Key Highlights of the Partnership: Yield Generation: Crypto.com users will be able to deposit wrapped Ether (CDCETH) and wrapped Bitcoin (CDCBTC) into Morpho vaults. They … Read more
Global payments giant Visa has unveiled plans to launch its own stablecoin under the Visa Direct initiative. The announcement, made at SIBOS 2025, aims to significantly improve global money movement by lowering transaction fees, enhancing cross-border payments, and unlocking additional market liquidity. Scheduled for a 2025 launch, this initiative will enable businesses to fund cards … Read more
Circle, the issuer of the USDC and EURC stablecoins, has struck a major partnership with the Deutsche Börse Group, bringing regulated digital currencies into the core of Europe’s traditional financial infrastructure. Key Details of the Partnership Focus: The collaboration will initially focus on Circle’s euro-linked EURC and dollar-linked USDC. Trading Platform: These stablecoins are slated … Read more
Tether, the issuer of the leading stablecoin USDT, made headlines with a significant $1 billion Bitcoin acquisition—approximately 8,800 BTC—during the third quarter of this year. However, this investment has drawn sharp caution from industry critics. Jacob King, CEO of SwanDesk, argues that Tether’s move may contribute to the “largest bubble in history.” King’s Skepticism: $1,000 … Read more
The Bank of Korea (BOK) has proposed stringent new regulations for issuers of won-based stablecoins, suggesting they may be required to deposit their reserve assets directly at the central bank. This proposal was submitted to the National Assembly’s finance committee on October 1, ahead of the government’s expected release of its first draft bill on … Read more
The Layer-1 blockchain Aptos is expanding its stablecoin presence through a new partnership with the Trump family’s World Liberty Financial (WLFI) to deploy the USD1 stablecoin. Aptos CEO Avery Ching confirmed the collaboration, stating that WLFI views Aptos as a top technical partner. The immediate goal is to launch USD1 on the Aptos Network on … Read more
Visa is launching an initiative to integrate stablecoins into its Visa Direct platform to radically shrink settlement times for cross-border money transfers, moving from days to minutes. This effort aims to give businesses faster access to working capital and reduce the necessity of pre-funding large cash balances. How the New Model Works Stablecoin Pre-funding: The new … Read more
Bryan Chen, co-founder and CTO of Acala, has introduced a proposal for a self-sustaining, native stablecoin called pUSD within the Polkadot ecosystem. This coin aims to reduce Polkadot’s reliance on centralized external stablecoins like USDT and USDC. Key Features and Rationale Issuance Mechanism: pUSD would be issued using Acala’s Honzon protocol, which relies on overcollateralized … Read more
OKX Singapore has launched a new scan-to-pay service, which it claims is the first of its kind in the city-state, enabling customers to use their USDC or USDT stablecoins for everyday purchases at GrabPay merchant locations. Key Details of the Service Partnerships: The service, called OKX Pay, is a collaboration with stablecoin issuer StraitsX and … Read more