Bastion Gets Conditional OCC Approval for Stablecoin Trust Bank
Bastion has received preliminary conditional OCC approval for a national trust bank intended to combine stablecoin custody, wallets, payments infrastructure and white-label issuance.
Bastion has received preliminary conditional OCC approval for a national trust bank intended to combine stablecoin custody, wallets, payments infrastructure and white-label issuance.
Hyperliquid users can now borrow USDC and USDT against supplied HYPE or Bitcoin, extending the venue’s onchain credit infrastructure beyond automated portfolio margin.
Singapore-based dtcpay has completed a $25 million Series A and plans to expand its stablecoin payment products and merchant network.
Circle has agreed to acquire Tazapay in an all-stock deal, adding local payout connections across more than 100 markets to its USDC payments strategy.
Anchorage Digital and Frgmnt announced an integration for institutional custody, minting, redemption and staking of fUSD on Base.
The House Ways and Means Committee advanced H.R. 10357, moving proposed tax rules for qualifying dollar stablecoins and small digital-asset fees toward a full House vote.
Deutsche Bank plans to offer European institutional clients custody and transfers for selected crypto assets, subject to completion of its regulatory process.
Circle’s Arc mainnet is live with network fees paid in USDC, more than 20 fiat stablecoins and interoperability with over 20 blockchains.
A BIS working paper finds that blockchain architecture and classification choices can materially change estimates of crypto and stablecoin activity.
A Bank of England policymaker says dollar stablecoins may widen access to dollar settlement while creating a two-way link with short-term Treasury markets.
A failed Venezuelan oil transaction involving Poland’s Orlen shows how stablecoin settlement can magnify counterparty, custody and sanctions-control failures.
A US House tax proposal would standardize near-par treatment for qualifying dollar stablecoins and remove gain-or-loss recognition on digital-asset fees of up to $10.