Tag: Stablecoin

Monthly Stablecoin Volume Surpassed US ACH in February

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Stablecoin transaction volume surpassed the US Automated Clearing House network for the first time in February, a significant milestone for an asset class that has existed for less than 12 years. According to data from blockchain analytics platform Artemis, the total 30-day adjusted rolling stablecoin volume hit $7.2 trillion in February, beating the Automated Clearing House network at $6.8 trillion. The data is based on 30-day rolling adjusted volume of stablecoin transactions in US dollars, excluding MEV activity and intra-centralized exchange transactions, comparing this to the daily average volume of…

SoFi Technologies Launches First National Bank Enterprise Crypto and Stablecoin Platform – Bitcoin News

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SoFi Launches Big Business Banking With 24/7 Fiat and Crypto Settlement for U.S. Enterprises SoFi Technologies (Nasdaq: SOFI) made the announcement on Thursday, positioning the product as direct competition to the legacy banking model that shuts down at 5 p.m. on Fridays. The offering targets institutions and enterprise clients that need to operate across both traditional and digital finance without patching together multiple providers and custodians. CEO Anthony Noto framed the gap plainly. “To be competitive, businesses today must operate in a global, always-on environment 24 hours a day, 7…

NYSE-Listed Bitgo Rolls out Stablecoin Minting Platform for Institutional Clients – Bitcoin News

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Bitgo Adds Native Stablecoin Minting With USD1 and SoFiUSD Support The New York-based digital asset infrastructure company, which trades on NYSE under the ticker BTGO, announced the new capability on April 2. Bitgo Mint launches with native support for two stablecoins: USD1 and SoFiUSD. Both assets are already integrated into Bitgo’s Stablecoin-as-a-Service product suite. Before Bitgo Mint, institutions handling stablecoin minting and redemption typically coordinated across separate custody providers, compliance systems, and internal operations teams. Bitgo Mint consolidates those steps inside a single interface, pairing mint and redeem functionality with…

US Treasury Seeks Public Input on State-Level Stablecoin Regulations

The U.S. Department of the Treasury issued a notice of proposed rulemaking (NPRM) on April 1, 2026, formally soliciting public comment on the requirements that state-level stablecoin regulatory regimes must satisfy under the Guiding and Establishing National Innovation for U.S. Stablecoins Act – commonly known as the GENIUS Act – which President Donald Trump signed into law in July 2025. The NPRM establishes a 60-day comment window, with submissions due approximately early June 2026 and accepted through the federal public docket at regulations.gov. The action arrives as the aggregate market…

Banks Crash CLARITY!!!🚨Coinbase EXITS Support🔥

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The latest CLARITY Act stablecoin yield draft bans passive yield — exactly what banks demanded from the start. Circle lost $5.6 billion in a single session. The markup hasn’t happened yet. Coinbase also refused to support current secret draft bill. ~This episode is sponsored by Tangem~ Tangem ➜ Use Code: “PBN” for Additional Discounts! GUEST: Chris Hayes, Partner at Thorn Run Partners – Digital Assets & Tokenization Team Lead 00:00 Intro 00:10 Sponsor: Tangem 00:50 Collapse 01:45 Yelling + 30min increments +…

US Treasury Seeks Comment on State-Level Stablecoin Regulatory Criteria

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The US Department of the Treasury issued a notice of proposed rulemaking (NPRM) on Wednesday and is seeking public comment on proposed regulations for state-level stablecoin governance frameworks under the GENIUS Act. The GENIUS stablecoin regulatory framework, also known as the “Guiding and Establishing National Innovation for US Stablecoins Act,” gives states the authority to regulate stablecoins with a market cap of less than $10 billion, as long as the regulations do not deviate significantly from federal policies. The Treasury outlined several non-negotiable stablecoin regulations that must be in line…

US Treasury Seeks Industry Input as Stablecoin Regulation Enters Federal Rulemaking Phase – Regulation Bitcoin News

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Treasury Invites Public Feedback on Framework Bridging State and Federal Stablecoin Rules The U.S. Department of the Treasury issued a notice of proposed rulemaking (NPRM) on April 1, seeking public input on stablecoin regulation. The federal agency is advancing implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, focusing on how state-level regulatory regimes compare with federal standards. The announcement stated: “The NPRM is the first regulation Treasury has proposed to implement the GENIUS Act.” “The GENIUS Act directs Treasury to, through notice and comment rulemaking,…

Hong Kong Misses March Deadline for Stablecoin Licences

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Hong Kong’s first stablecoin licences failed to materialize by the expected end of March target, with the HKMA saying only that it is still advancing the process. Hong Kong has missed an earlier end of March target for awarding its first stablecoin licences, with the Hong Kong Monetary Authority saying only that the licensing process is advancing and decisions will be announced shortly. A spokesperson for the Hong Kong Monetary Authority (HKMA) told Cointelegraph that the HKMA is “actively taking forward the licensing matter and will announce further details in…

Ripple’s RLUSD Stablecoin Sits On $1.57 Billion In Reserves: Audit Firm

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As of late March 2026, Ripple’s dollar-pegged stablecoin had 1.41 billion tokens in circulation, backed by roughly $1.57 billion in reserves — a surplus that points to a stablecoin holding more cash than it owes. Deloitte Steps In To Verify The Numbers The bigger validation came weeks earlier. On February 27, Deloitte — one of the world’s largest accounting firms — confirmed that RLUSD held $1.568 billion in reserves against 1.49 billion tokens. The Big 4 firm also checked an earlier snapshot from February 19, when the supply stood at…

Fed’s Barr invokes Panic of 1907 in warning on stablecoin rules

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US Fed Governor Michael Barr said clearer US rules could help the market grow, but warned that GENIUS Act implementation must still guard against runs, weak reserves and illicit finance. US Federal Reserve Governor Michael Barr said Tuesday that clearer US stablecoin rules could speed the market’s growth, but warned that regulators still need to address money laundering risks, bank run risks and consumer safeguards as they implement the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. Speaking at a Federalist Society event on stablecoin regulation, Barr said…