Quick Breakdown A7A5 stablecoin moved $6B despite links to sanctioned Russian firms. 80% of its supply was destroyed and reissued after U.S. sanctions. Blockchain activity shows attempts to obscure fund traceability. A Russian ruble-pegged stablecoin, A7A5, has facilitated more...
Quick Breakdown Eddid ONE becomes Hong Kong’s first app to offer RWA subscription and redemption. Stablecoin support boosts efficiency for cross-market transactions. Global expansion underway with a tokenized assets portfolio including metals, bonds, and real estate. Eddid Financial has...
Quick Breakdown Sui introduces suiUSDe, the first non-EVM native yield-generating stablecoin. Ethena-powered model enables returns and supports SUI token buybacks. Regulatory and market risks may challenge adoption despite strong growth potential. Sui has rolled out suiUSDe, a synthetic stablecoin...
Quick Breakdown Stripe launches Open Issuance, a stablecoin-as-a-service platform enabling businesses to issue tokens with ease. Reserves backed by major asset managers, including BlackRock and Fidelity, with infrastructure from Bridge. Part of a growing crypto-as-a-service trend, alongside Binance and...
Quick Breakdown: BTQ and Danal begin a proof-of-concept for a quantum-secure stablecoin settlement network. QSSN adds post-quantum cryptography, issuer controls, and compliance features without altering user experience. Trial aligns with global PQC standards as regulators push for quantum-ready financial...
Quick Breakdown OKX launches Singapore’s first stablecoin-powered scan-to-pay service, enabling payments with USDT or USDC at GrabPay merchant-partners. Users can pay by scanning a GrabPay SGQR code within the OKX SG app, with merchants receiving SGD instantly while funds...
Quick Breakdown RD Technologies launches OristaPay to deliver licenced, secure, and innovative cross-border crypto-friendly payment services. RD InnoTech continues stablecoin development through Hong Kong’s HKMA Stablecoin Issuer Sandbox. Both divisions operate independently to expand Hong Kong’s role as a...
Quick Breakdown DBS will prioritize stablecoin ecosystem development over derivatives trading under Hong Kong’s new Stablecoin Ordinance. Hong Kong’s stablecoin licensing framework takes effect with a list of approved issuers expected early next year. DBS sees stablecoins driving cross-border...
Quick breakdown Cloudflare launches NET Dollar as a U.S. dollar-backed stablecoin for AI-driven microtransactions. Built for the agentic web, the token aims to replace slow, costly legacy finance rails. Industry-wide push: Cloudflare joins Google and others in creating open...
Quick Breakdown: Hyperliquid introduces USDH, a cash- and U.S. Treasury-backed stablecoin. Native Markets wins issuance rights after a competitive validator vote. USDH will provide collateral across Hyperliquid’s network to strengthen liquidity and reduce reliance on external stablecoins. Hyperliquid has...
