Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a yen-backed crypto stablecoin by the...
Tag : stablecoin
Bitso brings peso-backed MXNB stablecoin to XRP Ledger via Ripple partnership
Bitso is expanding its payments partnership with Ripple by bringing its Mexican peso-backed MXNB stablecoin onto the XRP Ledger, where it will be used alongside...
Banks Say Stablecoin Rules Should Cover Secondary Markets
In brief The Bank Policy Institute and The Clearing House said stablecoin AML rules should cover activity after tokens leave issuers. They urged regulators to...
MassPay taps Coinbase to expand stablecoin payouts
Cross-border payout platform MassPay and Coinbase announced a partnership on Thursday to offer stablecoin cross-border payouts. The partnership connects MassPay’s network in 180 countries with...
Paradigm, Hyperliquid Policy Center Push Back on GENIUS Act Stablecoin AML Rule
In brief Paradigm and the Hyperliquid Policy Center challenged proposed AML and sanctions rules for stablecoin issuers. The groups warned that treating secondary market activity...
Japan's Largest Banks Plan Joint Stablecoin Launch by March 2027
In brief Japan’s MUFG Bank, Mizuho Bank, and SMBC have established a council to develop operational frameworks for stablecoin issuance. The banks plan to launch...
Japan’s three megabanks target joint yen stablecoin by March 2027
MUFG Bank, Sumitomo Mitsui Banking Corporation and Mizuho Bank plan to start live transactions with a jointly issued stablecoin during fiscal year 2026. Japan’s fiscal...
Paradigm challenges FDIC over controversial stablecoin yield ban
Crypto investment firm Paradigm has urged the U.S. Federal Deposit Insurance Corporation to remove provisions from its proposed stablecoin framework that could restrict third-party firms...
GENIUS Act deadline puts stablecoin issuers on notice
The GENIUS Act is moving into a key rulemaking stage as digital dollar users and stablecoin issuers face a June 9, 2026 deadline for comments...
Brad Sherman slams stablecoin tax refunds as tax evasion tool
Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while...