IMF Says Local Stablecoins Could Accelerate Digital Dollar Use
IMF official Dan Katz says local-currency stablecoins may make it easier for users to switch into dollar tokens, reshaping oversight of cross-border flows.
Category: Stablecoins
Cloudflare Opens Wallet Handles, Plans Stablecoin Agent Payments
Cloudflare has opened wallet-handle registration while outlining programmable stablecoin wallets with delegated controls for AI agents.
Western Union Launches USDPT Stablecard in 37 Markets
Western Union and Rain launched Stablecard, combining a USDPT wallet with a Visa secured credit card across 37 markets.
Mastercard Completes BVNK Acquisition for Stablecoin Infrastructure
Mastercard has completed its acquisition of BVNK, adding stablecoin infrastructure for business payments, payouts, settlement and treasury workflows.
South Korea’s Stablecoin Net Outflows Reach 560.3 Billion Won
Transfers from South Korean exchanges to overseas platforms exceeded inbound stablecoin flows by 560.3 billion won in June, regulatory data show.
BlackRock Launches Onchain Stablecoin Reserve Fund
BlackRock launched an onchain government money market fund designed for payment-stablecoin reserves, with a $3 million minimum investment.
Samsung SDS and Dunamu Explore Stablecoin Infrastructure
Samsung SDS is evaluating stablecoin and digital-payment infrastructure with Dunamu, but the companies have not announced a product or rollout.
Tether Reports $1.5B Q2 Profit and $4.11B Reserve Buffer
Tether reported $1.5 billion in quarterly operating profit and a $4.11 billion asset buffer as USDT issuance reached $184.6 billion.
Bank of Italy Study Finds Fiat Rails Drive Stablecoin Remittance Costs
A Bank of Italy research paper finds that stablecoin remittance costs and speed depend more on exchanges, conversion and domestic payment rails than on blockchain fees.
Coinbase Q2 USDC Balances Hit $20B as Stablecoin Revenue Falls 5%
Coinbase reported record average USDC balances in its products, but lower interest rates outweighed balance growth and reduced stablecoin revenue.
Samsung Wallet Plans Native Stablecoin Support
Samsung says its mobile wallet will add stablecoins, but it has not named supported assets, markets, partners or a launch date.
South Korea Moves to Consolidate Stablecoin Rules
South Korea’s financial regulator plans a consolidated digital-asset bill covering stablecoin issuance and circulation, but key design choices remain unsettled.