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Standard Chartered becomes first bank distributor of HKD stablecoin
The bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking.
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
The firm raised $68 million as its revenue has grown six-fold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.
Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin
The London-based multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.
Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and subscriptions.
Crypto’s next billion users might be AI agents, and they’re paying with stablecoins
According to Coinbase’s head of AI product, we’re currently in the “Napster/LimeWire era” of agentic payments.
Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto's week in 5 stories
Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology companies pushed deeper into stablecoins.
Japan’s SBI leads $68M Fasset round at $1B valuation
Fasset raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in Malaysia and to expand stablecoin payments.
World Liberty Financial launches USD1 natively on Canton Network
USD1 is the sixth-largest stablecoin, with a market capitalization of more than $4 billion, according to industry data.
U.S. state banking associations plan to launch their own nationwide blockchain network
The "BankChain Alliance" is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system's regulatory sphere.
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