Stablecoins are everywhere in the news and not just in crypto circles. Around the world, governments, financial institutions, and fintech innovators are actively exploring their use in payments. Just in the past few weeks, we’ve seen multiple announcements: Stripe & Paradigm launching a new blockchain project for stablecoin payments. Ripple & BNY Mellon securing custody for stablecoin reserves. Finastra & Circle enabling stablecoin settlement in cross-border payments. Citi exploring stablecoin payments. Visa expanding support for stablecoin rails. Paxos and AllUnity respectively deploying new USD- and Euro-backed tokens. US state of Wyoming introducing its own USD-pegged stablecoin. JPYC Inc. preparing to issue Japan’s first stablecoin. Hong Kong announcing plans to issue its first stablecoin licenses in early 2026. The Genius Act offering a regulatory framework for stablecoins in the US. Thi...
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