Tag: Stablecoin

60 Million Moneygram Users Gain Access to a Self-Custodial Dollar via Stellar Stablecoin – Bitcoin News

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Key Takeaways Moneygram launched MGUSD on June 2, 2026, a self-custodial dollar stablecoin issued by Bridge (Stripe) on the Stellar blockchain. MGUSD gives Moneygram’s 60 million customers 24/7 access to digital USD across nearly 500,000 global retail locations. XLM demand stands to grow as every MGUSD transaction requires Stellar’s native token for fees and account reserves. What MGUSD Is and How It Works The stablecoin is issued by Bridge, a Stripe company that the firm describes as GENIUS Act-ready. Minting and burning run through M0’s smart contract infrastructure. Moneygram holds…

BIG CRYPTO NEWS! SEC TOKENIZATION GUIDANCE, IRAN BITCOIN, & BANK CRYPTO CUSTODY!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto News: SEC to propose tokenized stock framework as Wall Street efforts deepen. Iran is mulling Hormuz ‘insurance’ scheme, paid in Bitcoin. Minnesotan banks and credit unions set to provide crypto custody. Brought to you by 🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🌟 Build with BitGo – 🔐 Safely Store your Crypto with Trezor Hardware Wallets – 🌟Uphold…

ECB Says Stablecoin Risks Strengthen Digital Euro Case

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European Central Bank (ECB) Executive Board member Isabel Schnabel said stablecoins could bring old financial-market vulnerabilities into tokenized finance, while strengthening the case for central banks to modernize public money through tools such as the digital euro and tokenized central bank settlement. In a Monday speech at the 2026 Bank of Korea International Conference on Central Banks and the Future of Money in Seoul, Schnabel compared stablecoins with money market funds, arguing that both can offer useful financial innovation while also creating risks around bank disintermediation, runs, fire sales and…

Cardano Takes The Lead As Stablecoin Market Valuation Rises 61%

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Cardano’s total stablecoin market cap has climbed to roughly $54.88 million, a 15% jump from where it stood in early March 2026. That figure captures just how quickly liquidity has been building on the network over the past several weeks. USDCx Drives the Surge Circle’s USDCx now commands the largest share of Cardano’s stablecoin market at 45.20%, with USDM at 26.90%, USDA at 15.45%, and DJED at around 5.90%. Data from Cexplorer shows that nearly 8 million USDCx were minted within just the last two days of the reporting period.…

Youtuber Warns Bitcoin Bottom Is Not In as Stablecoin Dominance Hits Risk-off Level – Bitcoin News

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Key Takeaways Tether burned $1.2 billion in 24 hours on May 31, matching a pattern that preceded Bitcoin’s drop from $90,000 to $60,000 in February 2026. Blackrock removed $2.1 billion in bitcoin over ten days while firms like Strive acquired 1,100 BTC in a single session, reflecting a split in institutional conviction. Polymarket priced an 85% chance Bitcoin reaches $70,000 before $90,000, with TradingView moving averages confirming a strong sell posture at current levels. 1-Hour Chart: Compression at Resistance On the 1-hour chart, bitcoin has built a series of higher…

Mastercard Lands New York Bitlicense to Advance Stablecoin and Digital Payment Infrastructure – Bitcoin News

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Key Takeaways Mastercard Transaction Services (U.S.) LLC received a NYDFS Bitlicense on May 27, 2026, clearing the way for digital asset operations in New York. The approval follows Mastercard’s $1.8 billion acquisition of stablecoin infrastructure firm BVNK in March 2026, signaling deeper commitment to onchain payments. Chief Product Officer Jorn Lambert says regulatory clarity is now central to Mastercard’s strategy for scaling stablecoins and tokenized deposits globally. Mastercard Wins NYDFS Bitlicense, Opening New York Digital Asset Access The approval came through New York’s Bitlicense framework, which NYDFS established in 2015.…

SoFi Launches SoFiUSD Stablecoin for 15 Million Members as First US Bank on a Banking App – Bitcoin News

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Key Takeaways SoFi Bank launched SoFiUSD on May 27, 2026, making it the first U.S. national bank-issued stablecoin available on a banking app. Nearly 15 million SoFi members can now buy, hold, and convert SoFiUSD on Ethereum and Solana, with Bullish exchange access coming soon. SoFi plans to add FDIC-insured tokenized deposits and 24/7 cross-border transfers within weeks, expanding stablecoin utility across its full ecosystem. SoFi Opens SoFiUSD to 15 Million Users, Targets Cross-Border Transfers and Bullish Listing The San Francisco-based company announced the launch on May 27, giving members…

Clarity Act News: Coinbase Urges Congress to Pass Stablecoin Legislation to Counter SEC Overreach

In Clarity Act news, Coinbase Chief Legal Officer Paul Grewal and Chief Policy Officer Faryar Shirzad have jointly endorsed the Digital Asset Market Clarity Act, commonly referred to as the Clarity for Payment Stablecoins Act, or CLARITY, mounting a coordinated public defense of privately issued payment stablecoins while calling on Congress to establish a statutory framework that would curtail the SEC’s authority to pursue enforcement-driven crypto regulation. This is not simply a lobbying exercise from an exchange with commercial interests in stablecoin infrastructure. It is a deliberate attempt to use legislative…

Tether Plans GELT Stablecoin Under Georgia Crypto Rules

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Stablecoin issuer Tether and the government of Georgia plan to launch a stablecoin called “GELT” that would represent the Georgian lari under the country’s digital asset regulatory framework. On Monday, Tether said the stablecoin is expected to support cross-border commerce and digital payments in Georgia. The company said GELT’s structure, rollout and regulatory implementation will be announced at a later stage. The plan builds on Georgia’s recent efforts to develop rules for digital assets and stablecoins, including a framework covering reserve management, redemption rights, issuer oversight and Anti-Money Laundering compliance.…

AI Agent Economy Sees $73M Settled Through Stablecoin Payments

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Artificial intelligence agents settling payments have gone from concept to reality in the last 12 months, with $73 million settled across 176 million transactions from May last year through April 2026, according to crypto investment firm Keyrock. In a report released Thursday, written in collaboration with crypto exchange Coinbase and the blockchain Tempo, Keyrock researcher Ben Harvey said that “in the past 12 months, machine-to-machine payments have gone from concept to a developed ecosystem.” “Agents have settled over $73 million across 176 million transactions, and incumbents have deployed more than…