Big Banks Ask FinCEN to Push Stablecoin Identity Rules Past the Issuer
The Bank Policy Institute and The Clearing House asked FinCEN to extend customer identification requirements to exchanges handling secondary stablecoin activity.
News
The latest stablecoin news from around the world.
USD1's Live Contract Has Powers Its Public GitHub Does Not Show
USD1's deployed contract includes functions letting operators reallocate frozen balances that World Liberty's published GitHub omits, as final OCC approval remains pending.
Comment Window Closes on the Rule That Stops at the Issuer's Door
Comments close August 21 on the joint CIP rule for stablecoin issuers, with the open question being whether identity requirements should reach secondary markets.
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.
FASB Sets Three Tests for Stablecoins to Count as Cash Equivalents
FASB proposed guidance on August 18, 2026 allowing stablecoins to be classified as cash equivalents under three conditions, with comments due November 19.
Visa Seeks New Stablecoin Settlement Partner After Mastercard Buys BVNK
Visa is running an RFP for a new settlement and OTC partner after Mastercard acquired BVNK. Documents seen by CoinDesk say the replacement must hold exchange licenses in the US, Canada, the UK, and Singapore, and settle Open USD.
Circle and Coinbase Enter Three-Year USDC Renewal With Terms Unchanged
The Circle and Coinbase revenue-sharing agreement entered its first three-year renewal on August 18, 2026, extending unchanged terms through 2029.
Stablecoin Holders Want to Spend, and the Cards Are Starting to Show It
New research finds 42% of stablecoin holders want to make major purchases while 28% do, as crypto card spending hits a record $759 million monthly.
Crypto Security Is Becoming a Consumer Protection Issue
Crypto security is no longer a subject reserved for protocol engineers and security researchers. As wallets, exchanges, bridges, smart contracts and mobile applications reach a broader audience, the consequences of a security failure increasingly fall on ordinary users. That changes the nature of the problem. A smart contract bug may
OCC Conditionally Approves World Liberty Trust Bank to Issue USD1
The OCC granted preliminary conditional approval on August 14, 2026 for World Liberty Trust Company to issue USD1 and manage its reserves under federal supervision.
MoonPay Opens PYUSDx Launchpad With Programmable Rewards From PYUSD Reserves
MoonPay opened the PYUSDx launchpad on August 13, 2026, letting developers issue PYUSD-backed stablecoins with programmable reserve rewards they control.
KPMG Issues Clean Opinion in Tether's First Full Financial Audit
KPMG issued an unqualified opinion on Tether's 2025 financial statements, the first full audit in the company's history, showing reserves exceeding liabilities by $6.814 billion.
Russia Names USDT the Only Stablecoin Retail Investors May Buy
The Bank of Russia's draft directive names USDT as the only stablecoin approved for retail trading, with a 300,000-ruble annual cap per intermediary.
Hong Kong's First Licensed HKD Stablecoin Goes Live as HKDAP Enters Institutional Use
Standard Chartered-backed Anchorpoint has taken HKDAP into institutional use, making it the first Hong Kong dollar stablecoin licensed under the Ordinance to go live.
KAST Selects Stripe’s Connor Fitzgerald as U.S. General Manager
Stablecoin platform KAST appoints Connor Fitzgerald as U.S. General Manager, following a $80M Series A, 1M+ users and $5B in annualized transaction volume.
FDIC Clears Augustus National Bank, Advancing a Charter Built Around Stablecoin Settlement
The FDIC approved deposit insurance for Augustus National Bank, clearing a charter whose subsidiary Juno Moneta, which will deliver stablecoin services.