Summary PayPal has expanded its PYUSD stablecoin to Polygon, extending the token to another major blockchain network. The integration supports[…]

Summary: Sony has received conditional approval to establish a U.S. national trust bank to support a dollar-backed stablecoin. The subsidiary,[…]

Summary: Several Korean companies denied formally joining the Open USD consortium after being listed by Open Standard. Open USD aims[…]

Summary: Circle CEO Jeremy Allaire defended USDC after the launch of Open USD (OUSD), a consortium-backed stablecoin supported by more[…]

Summary: Standard Chartered became the first Global Systemically Important Bank (G-SIB) to offer bank-led USDC minting and redemption. Eligible institutional[…]

Summary: Visa, Mastercard, Stripe, Coinbase and BlackRock are reportedly backing the Open USD initiative. Bloomberg reported consortium members are negotiating[…]

Summary: BNY now enables institutional clients to mint and redeem USDC directly through its custody platform. The integration allows institutions[…]

Summary: The BIS says private stablecoins threaten global financial stability. Officials warn dollar-backed tokens could accelerate stablecoin dollarisation. The institution[…]

Summary: Spark migrated $150 million in USDS liquidity to Uniswap v4 on Ethereum. The partnership aims to create a shared[…]

Summary: SBI and Startale launched JPYSC on June 24. JPYSC is Japan’s first trust bank-backed yen stablecoin. The token is[…]