HSBC Unveils RedCoin, Its Hong Kong Dollar Stablecoin, for 2026
HSBC plans to launch RedCoin through PayMe in 2026. Its first test is whether consumer payments can outgrow the bank's own apps.
HSBC plans to launch RedCoin through PayMe in 2026. Its first test is whether consumer payments can outgrow the bank's own apps.
Senate Democrats say Tether has missed Iran-linked wallets. Tether points to $550 million in 2026 freezes as wider US sanctions pressure grows.
Bybit users may pledge Franklin Templeton's tokenized money market shares to borrow USDT or USDC, though launch terms remain unclear.
Citi and Coinbase are bringing stablecoin payments to US businesses, with automatic conversion to fiat and settlement through Citi.
Zano erased about a month of transactions after Gateway Addresses allowed unauthorized ZANO and fUSD into circulation.
A JPYC surge on Upbit has led South Korea’s FSC to consider a crypto market-making system as a possible cure for thin liquidity.
Tether CEO Paolo Ardoino says USDT is 'coming home' to Bitcoin via RGB. Utexo is building the stack and says it met Morgan Stanley about adoption.
BTC
The CFTC updated its tokenized-asset guidance on Thursday, letting registered firms invest customer funds in tokenized form days after the CLARITY Act stalled.
BTC
ETH
Barclays, HSBC, Lloyds, Monzo, Nationwide, NatWest and Santander completed the first interbank tokenized deposit transactions on Quant's DLT platform.
New York-based HIFI closed a $37M Series A led by Left Lane Capital, its first priced round, to scale tokenized capital markets infrastructure.
Bloomberg reports the Trump administration is weighing joint ventures with private stablecoin firms to push dollar-backed tokens into overseas markets.
BlackRock says AI agents paying for compute and data in stablecoins could be the biggest near-term driver of digital asset adoption.
American stablecoin interest jumps from 36% to 56% with hypothetical bank-level protections in a Visa survey of 2,192 U.S. adults.
Cross-border stablecoin flows rose 77.5% to $220.3 billion in 12 months through June 2026, per Chainalysis. Crypto market cap fell 37% to $2.1 trillion.
Galaxy Digital put $100M of Sky Protocol's sUSDS on its balance sheet and bought SKY tokens. It's one of the first public companies to hold sUSDS.
EU central banks want MiCA's 30% stablecoin deposit rule replaced with liquidity tests, citing USDC's 2023 SVB exposure as evidence.
Circle's Arc adds Matrixdock's XAUm as its first tokenized gold. Each token backs one ounce held by Brink's or Malca-Amit, traceable to a numbered bar.
CFTC Chair Michael Selig told regulators to prepare U.S. markets for mass tokenization, recapping agency moves on 24/7 trading and stablecoin collateral.
Circle renewed its USDC deal with Binance for five years. Distribution costs already absorb 61% of reserve income, and the new fee rate is undisclosed.
BNB
The ECB and EU national central banks want MiCA's stablecoin interest ban extended to crypto lending, staking and borrowing, citing risks of indirect yield
BVNK's Stellar integration is live for enterprise customers across 130+ countries, after Mastercard closed its up-to-$1.8B acquisition of BVNK last month.
XLM
SoFi has migrated its card program to SoFiUSD settlement on Mastercard's network, expected to process more than $25 billion in annualized volume.
Binance paid $80.84 a share for 1.24M Circle shares, about 14% below the Monday close, with a two-year lockup and a five-year USDC promotion deal.
BNB
ECB has begun preparations to buy tokenized assets from its €23.1B own-funds portfolio, settling through the new Pontes rail that links DLT platforms to TARGET.