Filing Traces $6.3 Billion Through Shelbit, With 88% Settling in Stablecoins on Tron
TRM Labs traced $6.3 billion through Shelbit after OFAC sanctions on August 7, 2026, with 88% moving on Tron in dollar stablecoins.
News
The latest stablecoin news from around the world.
Thune Files Cloture on CLARITY Act, Setting Up September 15 Vote With Stablecoin Rewards Unresolved
Thune filed cloture on the CLARITY Act at 4:52 a.m. on August 8, 2026, setting a September 15 procedural vote with stablecoin rewards still unresolved.
MoonPay Launches Enterprise Platform, Rebranding Iron as a Unified Stablecoin Stack
MoonPay launched MoonPay Enterprise on August 6, 2026, unifying fiat collection, stablecoin conversion, treasury, issuance, and payouts across 190-plus countries.
JPYC Raises $38 Million as Its First Corporate Customer Becomes an Investor
JPYC closed its extended Series B at 6 billion yen ($38 million) on August 5, 2026, with logistics firm AZ-COM Maruwa investing $6.3 million.
Visa Adds Stablecoin Prefunding and Payouts to Visa Direct Through zerohash
Visa is adding stablecoin prefunding and payouts to Visa Direct through zerohash, reaching 18 billion endpoints across 195 countries and territories.
Circle Reports $701 Million Q2 Revenue as USDC Circulation Slips to $73.3 Billion
Circle reported $701 million in Q2 2026 revenue, up 7%, as USDC circulation fell to $73.3 billion. Distribution costs held the margin near 41%.
Yellow Card Raises $40 Million From Standard Chartered and Sony to Scale Stablecoin Rails
Yellow Card closed a $40 million round on August 4, 2026 from SC Ventures, Sony Innovation Fund, Polychain and Blockchain Capital, passing $120 million total.
BlackRock Launches Two Tokenized Money Market Funds Built for Stablecoin Reserves
BlackRock launched BSTBL and BRSRV on August 3, 2026, two tokenized money market funds designed to qualify as GENIUS Act reserve assets for stablecoin issuers.
South Korea Logs 18 Straight Months of Stablecoin Outflows as $367 Million Left in June
South Korea recorded $367 million in net stablecoin outflows in June 2026, an 18-month streak totaling $10.4 billion as traders seek products banned at home.
Tether's Q2 Attestation Shows $1.5 Billion Profit and a Reserve Buffer Cut in Half
Tether's Q2 2026 attestation shows a $1.5 billion profit while excess reserves fell from $8.23 billion to $4.11 billion. Here's what drove the decline.
Bitget Wallet Launches Assetback, Paying Card Cashback in Bitcoin, Gold, and Tokenized Stocks
Bitget Wallet launched Assetback globally on August 1, 2026, converting card cashback into Bitcoin, tokenized gold, or tokenized US stocks at up to 3%.
Tether's USAT Stablecoin Launches on Celo, Its First Expansion Beyond Ethereum
Tether's GENIUS Act-compliant USAT stablecoin launched on Celo on July 29, 2026, its first chain beyond Ethereum, with native mint, burn, and gas fee payments in USAT.
Brale Launches ION Protocol to Solve Cross-Chain Liquidity for Custom Stablecoins
Brale introduced ION Protocol on July 29, 2026, a cross-chain interoperability layer using attested burn-and-mint to move custom stablecoins without liquidity pools.
Kraken Parent Payward Acquires Magic Labs' Wallet Business, Powering $10 Billion in Stablecoin Volume
Kraken parent Payward acquires Magic Labs' wallet-as-a-service business, adding embedded wallet infrastructure that has processed over $10 billion in stablecoin volume.
DigiByte Activates DigiDollar, the First Native Stablecoin on a UTXO Blockchain
DigiDollar activated on DigiByte's mainnet in July 2026 as the first protocol-native stablecoin on a UTXO blockchain, with no issuer and no smart contracts.
Hong Kong's First Regulated Stablecoin Nears Launch as Standard Chartered-Backed HKDAP Readies July Rollout
Standard Chartered-backed Anchorpoint prepares to launch HKDAP, Hong Kong's first regulated HKD stablecoin, before end of July with OSL and HashKey distribution.