Mastercard’s CEO Names the Stablecoin Use Case That Competes With His Best Revenue Line
Mastercard CEO Michael Miebach called cross-border payments the clearest stablecoin use case, the same line that produced $3.5B in Q2 cross-border assessments.
News
The latest stablecoin news from around the world.
Cantor Fitzgerald Tether: Blumenthal Demands Records (Oct 2026)
Sen. Blumenthal's Oct 8 letter presses Cantor Fitzgerald CEO Brandon Lutnick for Tether custody, stake and sanctions records. What the letter asks, Oct 23 deadline, and what changed since the Sept Iran report.
Polygon Takes Its Licensed Payment Rails to the Chain Holding Half of All USDT
Polygon extended its Open Money Stack to TRON on October 8, bringing 48-state money-transmitter coverage to the chain holding over $94B in USDT.
Samsung Wallet USDC: US Launch on 82M Galaxy Devices (Oct 2026)
Samsung Wallet adds USDC transfers for eligible US Galaxy users in late October 2026. How it works: Bastion, Coinbase Prime, Solana, Sui, fees and limits.
Sui Lets AI Agents Pay Alibaba Cloud per Call Before the Demand Exists
Learn how Sui and Alibaba Cloud would let AI agents pay per API call in stablecoins, what else Sui announced, and why agent payment volume stays tiny.
First Digital SPAC: FDUSD Issuer Signs $250M Nasdaq Deal (Oct 2026)
First Digital, the FDUSD issuer, signed a SPAC deal with Nasdaq-listed KOYN on Oct 6, 2026 at a $250M pre-money value. Terms, FDUSD's float and the risks.
Solana Publishes an Open Settlement Standard That Settles in USDC
Learn what Solana DvP does, why the payment leg is usually a stablecoin, what J.P. Morgan contributed, and why no production settlement flows exist yet.
OKX Money Stablecoin App Launches for Emerging Markets (Oct 6, 2026)
OKX launched OKX Money on Oct 6, 2026: a stablecoin app that turns 50+ local currencies into USDG, USDC or USDT, with cards and up to 10% APY on USDG.
Circle and Tether Disagree on Everything Except MiCA's Bank Deposit Rule
Learn why Circle asked the EU to scrap MiCA's bank deposit mandate, how the SVB collapse shaped the argument, and why Tether reached the same conclusion.
Eurøpe Consortium Launches to Scale the EURØP Euro Stablecoin (Oct 5, 2026)
Schuman Financial, eToro, SwissBorg, DFNS and seven more firms launched the Eurøpe Consortium on Oct 5, 2026 to grow EURØP, a MiCA euro stablecoin.
Stablecoins Do Not Drain Bank Deposits, but They Change What Those Deposits Cost
Learn why stablecoin purchases return to banks as issuer deposits, how that raises funding costs and loan pricing, and what the BIS modelling does not prove.
USDT Returns to Bitcoin This Month on a Rail Tether Cannot Freeze
Learn how USDT returns to Bitcoin via Utexo and RGB, what the three use cases are, and why Tether cannot freeze addresses on this rail.
AllUnity Launches a MiCA Dollar Stablecoin While Its Euro Token Sits Near Zero
Learn what AllUnity's USDAU launch covers: six chains, segregated reserves, Banking Circle and Flowdesk support, and why its euro token remains tiny.
Bitget USDT Withdrawals Resume After $463M Outflow, Reserves at 131%
Bitget USDT withdrawals resume Sept 30, 2026 at 08:00 UTC on ETH, BSC, Solana, and Tron after the Sept 24 breach. PoR shows 131% overall; USDT 107%.
MoonPay Builds the Export Channel for a Won Stablecoin That Does Not Exist Yet
Learn what MoonPay announced at its Seoul launch, which banks joined, and why its won stablecoin plans depend on rules South Korea has not finished.
Tether Iran Senate Report: USDT Called Shadow Banking Lifeline
Senate PSI Ranking Member Blumenthal's Sept 28, 2026 report calls Tether USDT a significant lifeline in Iran's shadow banking network. Key wallet stats and Tether's $550M freeze reply.