U.S. Bank Moves USBDC Live on Stellar in Cross-Border Pilot
U.S. Bank said on September 9, 2026 that its USD-backed stablecoin USBDC ran a live cross-border pilot on Stellar, with mint, redeem, freeze and clawback.
Institutions
Visa Stablecoin Settlement Tops $20B, Adds Onchain Credit
Visa said on September 8, 2026 that stablecoin settlement passed a $20B annualized run rate and pairs VisaNet data with onchain lending.
BOK Warns Dollar Stablecoin Demand Can Move Exchange Rates
BOK researchers said on 3 September 2026 that Binance fiat–dollar stablecoin listings cut premiums 0.33–0.38 percentage points and tied demand to local-currency weakness vs the dollar. Korea's won FX link is not statistically meaningful yet.
21 Banks Commit to a USD Stablecoin Company for H1 2027
Twenty-one banks said on September 1, 2026 they will form a company to issue a USD stablecoin, with a market launch targeted for the first half of 2027.
BIS Jackson Hole: Stablecoins vs Tokenised Deposits
BIS head Pablo Hernández de Cos told Jackson Hole on August 28, 2026 that stablecoins are not credible for payments at scale and backed tokenised deposits.
Dunamu Visa Stablecoin Payments: What the Deal Covers
Dunamu Visa stablecoin payments: Upbit's operator signed a Visa deal on August 28, 2026 for payments and remittances. No product, chain or date yet.
USDGO Lists for Custody on Ceffu
OSL said Ceffu now holds USDGO as a custody asset, so eligible institutions can deposit, hold, and withdraw the Anchorage-issued dollar stablecoin under an independent custodian. Circulation is about $1.2 billion since the February 2026 launch.
Visa Seeks Stablecoin Settlement Partner After BVNK Deal
Visa is running an RFP for a new stablecoin settlement and OTC partner after Mastercard bought BVNK, with exchange licenses needed in four markets.
Ripple Mint for RLUSD and the Notabene Investment
Ripple Mint gives institutions a web console and API to mint, redeem, and manage RLUSD. Ripple also invested in Notabene for pre-settlement compliance.
Circle, Kakao and Toss Explore Stablecoin Rails in Korea
Circle signed MOUs with Kakao Group and Toss on July 23, 2026 to explore USDC payments, cross-border settlement and won stablecoins. No launch yet.
Ondo Finance and SBI Group Partner to Tokenize Japanese Equities With Yen Stablecoin Settlement
Ondo Finance and SBI Group will tokenize Japanese equities using the JPYSC yen stablecoin for settlement. ONDO jumped 15% on the announcement. Full details.
XDC and Bridge: Stablecoin Settlement for Trade Finance
XDC Network integrates Bridge, Stripe's stablecoin platform, for near-real-time settlement and fiat on and off ramps on its trade finance network.
Circle Receives Final OCC Approval to Establish National Trust Bank for USDC
Circle's OCC-approved national trust bank, Circle National Trust, gives USDC federally supervised custody and a pathway to bring reserve management under OCC oversight.
Hyundai Card USDT Remittance on Avalanche in 7 Minutes
Hyundai Card moved $20,000 from Hyundai Motor America to its Mexico unit in about seven minutes with USDT on Avalanche, versus 3 to 4 hours by bank.
Cloudflare Stablecoin Monetization Gateway on x402
Cloudflare's Monetization Gateway, in closed beta since September 30, 2026, uses HTTP 402 and x402 to charge AI agents for APIs, MCP tools and datasets.
Ripple Gets MiCA CASP License in Luxembourg for EEA
Ripple won full MiCA CASP authorization from Luxembourg's CSSF on July 6, 2026, so it can offer regulated crypto services across all 30 EEA countries.