Ripple's RLUSD goes live in Japan on June 25, 2026 after JFSA approval as a Type 4 electronic payment instrument. SBI VC Trade distributes to retail and institutions.
Fidelity's SEC filing reveals the Reserves Digital Fund holds only 93-day Treasuries and GENIUS Act-compliant assets, with a $1M minimum and blockchain share class planned.
Wyoming Stable Token Commission targets August 20, 2026 for WYST mainnet launch, advancing the next generation of the first US state-issued stablecoin program.
State Street launches SSCXX, a GENIUS Act-aligned government money market fund for stablecoin issuers to hold reserves in US Treasuries. June 17, 2026.
British neobank Plasma launches Plasma One on June 17, its flagship stablecoin banking product built on the Plasma Network blockchain for instant global payments.
Ripple invests in Flutterwave's Series E at a $3.2B valuation to integrate RLUSD and XRP Ledger into Africa's largest payments network. June 16, 2026.
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.
