Saga pauses chainlet after $7M exploit that depegged its stablecoin
Layer-1 blockchain protocol Saga has paused its SagaEVM chainlet after it suffered a $7 million exploit that saw unauthorized funds bridged out and converted into...
Tag : Stablecoin
Hong Kong Set to Issue First Stablecoin Licenses in Q1 2026
In brief The Hong Kong Monetary Authority will issue licenses to stablecoin providers in the first quarter of 2026. Hong Kong brought in its stablecoin...
Bermuda Bets on ‘Fully On-chain’ Economy in Coinbase, Circle Stablecoin Push
Bermuda is moving to place blockchain infrastructure at the center of its national economy, unveiling plans to build what officials describe as a “fully on-chain”...
Scaramucci says stablecoin yield prohibition undermines US dollar
The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said. The prohibition on...
Crypto Card Market Explodes 15x as Stablecoin Spending Soars 106% Annually: Report
The crypto payments landscape has undergone a dramatic transformation, with crypto card volumes surging from roughly $100 million monthly in early 2023 to over $1.5...
Societe Generale-FORGE and Swift Settle Tokenized Bonds Using Stablecoin
The digital asset subsidiary of French banking giant Societe Generale-FORGE and Swift have completed a pilot demonstrating the exchange and settlement of tokenized bonds using...
World Liberty Financial Stablecoin USD1 Lands on Prediction Market Myriad
In brief Prediction market Myriad is integrating the USD1 stablecoin launched by Trump-backed DeFi project World Liberty Financial. Myriad’s USD1 rollout will feature its Candles...
Visa Partners With BVNK to Enable Stablecoin Payouts on Visa Direct
In brief Visa has partnered with BVNK to enable stablecoin pre-funding and payouts on Visa Direct in select markets. The integration allows businesses to send...
Revolut Stablecoin Payments Surge Over 150% in 2025: Researcher
Stablecoin usage on fintech platform Revolut accelerated sharply in 2025, with payment volumes estimated to have climbed 156% year over year to roughly $10.5 billion,...
Bitcoin Advocates Press US Lawmakers on Stablecoin Tax Rules
In brief Bitcoin advocacy groups sent a letter to congressional tax leaders urging the extension of de minimis exemptions to Bitcoin and major network tokens...