Expanding the stablecoin yield prohibition to include the application layer is an anti-competitive practice, industry advocacy groups say. The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and platforms offering customer rewards to stablecoin holders. Expanding the prohibition on stablecoin issuers sharing yield directly with customers, outlined in the GENIUS stablecoin regulatory framework, to include third-party service providers stifles innovation and leads to “greater market…
Tag: Stablecoin
FDIC’s GENIUS Act Stablecoin Plan Leads a Week of Crypto Business Moves
Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed framework for how insured banks, via subsidiaries, could seek approval to issue payment stablecoins under the GENIUS Act, a move that could reshape who gets to mint digital dollars and under what rules. That same push toward institutionalization is also evident elsewhere in the crypto business landscape. Despite Bitcoin’s (BTC) lackluster performance, corporate treasuries are…
Malaysia’s Royal Stablecoin and Asia’s Shift to Tokenized Money
Key takeaways RMJDT is a ringgit stablecoin pitched for payments and cross-border trade. Its treasury and validator setup is designed to make onchain settlement function like reliable infrastructure. Across Asia, stablecoins are being brought under licensing and reserve and redemption rules. Tokenized assets are increasing demand for tokenized settlement in local currencies, not just USD. RMJDT is being pitched as a ringgit-pegged token tied to Johor’s Crown Prince. It was launched by his company, Bullish Aim, and issued on Zetrix, a network connected to Malaysia’s national blockchain infrastructure. The token…
Historic: Brazil’s B3 Stock Exchange to Issue a Stablecoin Next Year
The new stablecoin is designed to enhance liquidity across diverse market segments, encompassing both tokenized and traditional financial offerings. B3 authorities indicated that the tokenized product could potentially serve as an alternative to drex, Brazil’s CBDC, which has recently been scaled back in its initial implementation. Brazil’s Stock Exchange Prepared to Launch Own Stablecoin The […] Source
Brazilian Stock Exchange to Launch Tokenization Platform and Stablecoin
Brazilian stock exchange B3 announced a move deepening its ties to digital assets through the launch of a tokenization platform and stablecoin for settlements, starting in 2026. In a Tuesday notice to investors, B3’s vice president of products and clients, Luiz Masagão, said the exchange plans to launch a tokenization platform for traditional assets, starting with stock market offerings. He added that B3 would also issue its own stablecoin as “a tool to enable trading in tokens.” “The great value of having this tokenization platform connected to the traditional ecosystem…
Circle Partners Intuit to Bring Stablecoin Services to Credit Karma, Turbotax, Quickbooks
Key Notes Partnership aims to transform refunds, remittances, savings and payments using blockchain infrastructure instead of traditional systems. Intuit shares climbed over two percent following the announcement, reflecting positive investor sentiment toward crypto integration. Circle strengthens its market position as second-largest stablecoin provider through this strategic alliance with major fintech company. Financial services firm Intuit recently announced that it has entered a multi-year, strategic partnership with stablecoin provider Circle. Under the terms of the agreement, Intuit will leverage Circle’s USDC token and stablecoin infrastructure throughout its platform, which includes products…
Stablecoin Monthly Adjusted Volume Surpasses Visa and PayPal
Key Notes Stablecoin monthly transaction volume reached $1.5 trillion by October 2025. Total stablecoin supply has grown to more than $304 billion this year. Regulatory clarity in the US is accelerating adoption. Stablecoins are now processing more adjusted volume each month than major payment networks such as Visa and PayPal, according to Delphi Digital. The firm described stablecoins as “the most important infrastructure story in crypto” due to rapid growth in usage and supply. Notably, by October, monthly adjusted stablecoin transaction volume climbed to $1.5 trillion. For comparison, Visa and…
Bitcoin bulls test B3’s tokenized RWA and stablecoin bet
Brazil’s B3 plans RWA tokenization, a BRL stablecoin and Bitcoin, ETH, SOL options to link digital assets with the country’s stock market infrastructure. Summary B3 will launch a tokenization platform for real-world assets, starting with tokenized equities integrated into its existing exchange infrastructure. The exchange plans a real-pegged stablecoin for on-chain clearing and settlement, alongside proposed weekly BTC, ETH, and SOL options pending CVM approval. The move follows Brazil’s narrowed Drex pilot, positioning B3’s blockchain rails as an extension of the traditional market rather than a separate crypto venue. Brazil’s…
How YouTube’s Stablecoin Payouts Change How Creators Get Paid
Key takeaways YouTube isn’t changing how creators earn — only how they get paid. The stablecoin payout runs through PayPal’s existing payout infrastructure, with PayPal converting dollars into PYUSD. The feature positions PYUSD as a digital dollar for settlement and fund transfers. Creators may gain faster access and alternative treasury options, but they must also consider fees and the complexity of tax reporting. In mid-December 2025, YouTube added a new option to its monetization toolkit: Eligible US creators can now choose to receive payouts in PayPal’s US dollar stablecoin, PayPal…
Exodus And MoonPay Launch New Stablecoin For Everyday Use
Digital asset platform Exodus has partnered with MoonPay to launch a US dollar-backed stablecoin for everyday payments. The Exodus Movement, which is also behind a popular crypto wallet, announced on Tuesday that its fully reserved dollar stablecoin is planned for launch in early 2026. The stablecoin will be issued and managed by MoonPay, a leading crypto payments platform and fiat on-ramp. The stablecoin will be developed using M0, a stablecoin infrastructure platform that allows companies to build, issue and manage their own custom stablecoins. The new stablecoin, which has not…