Orbital announces a Miami US expansion to serve institutions building stablecoin and cross-border payment infrastructure following the GENIUS Act. June 15, 2026.
Six federal agencies have 35 days to finalize GENIUS Act stablecoin rules by July 18, 2026. OCC sets $5M capital floor. FDIC confirms no deposit insurance for holders.
CoinDesk's John O'Connor argues stablecoins have scaled as digital money rather than productive capital, raising questions about yield restrictions under the GENIUS Act.
Japan's three largest banks MUFG, SMBC, and Mizuho signed an MOU on June 10 to jointly issue a yen stablecoin targeting live transactions by March 2027.
MassPay and Coinbase partner to enable USDC-powered cross-border payouts across 180 countries. Clients report 40% to 70% cost reduction versus international wires.
Crossmint and Paga partner to bring multi-chain stablecoin infrastructure and instant global payments to millions across Africa. June 10, 2026.
The stablecoin market has hit a record $322 billion, surpassing the FX reserves of 95 nations including the UK, Canada, and UAE, CoinDesk reports.
Standard Chartered acquires Zodia Custody's regulated business, integrating it into its investment bank while spinning out Zodia Solutions as a standalone platform.
Oobit launches Oobit Business, a stablecoin-powered corporate finance stack with card issuing, global payroll, vendor payments, and 24-hour onboarding.
A GENIUS Act loophole lets stablecoin platforms offer deposit-like rewards, threatening to pull trillions from community banks and cut local lending capacity.
Fasset raises $51M Series B to expand stablecoin banking across 50 plus corridors in Asia, Africa, and the Americas, serving 2M wallets and 1,000 SME clients.
Coinbase becomes official USDC treasury deployer on Hyperliquid under the Aligned Quote Asset framework, deepening stablecoin integration on the DeFi trading platform.
Societe Generale joins Canton Network as Super Validator and deploys EUR and USD CoinVertible stablecoins for institutional collateral, repo, and digital settlement.
Stablecoins have passed ACH in transaction volume, but the real challenge is off-chain liquidity in real-world corridors where fiat conversion still breaks the chain
Circle launches Agent Stack (agent wallets, a service marketplace, and sub-cent USDC rails) to become the core payment layer of the AI agent economy.
Circle raises $222M in ARC token presale at $3B valuation led by a16z, BlackRock, and Apollo as it builds Arc, a blockchain for institutional finance.
