Stablecoin

The Most Innovative People in Finance honoree discusses why consumers and businesses only care that their payments get to the right place at the right time, and how banks can fix this problem.

In the year of the country's 250th anniversary celebrations, it's worth looking back at the long road the U.S. dollar took to global dominance, and the lessons we can learn from it.

Banking lobbyists' push for changes to stablecoin yield rules as part of long-embattled crypto market structure legislation has stalled, with no new talks in sight.

The nation's largest bank's fund for stablecoin issuers seeking GENIUS Act–compliant yield vehicles already has $700 million in assets.

Sony Bank received conditional approval from the OCC to launch a national trust bank subsidiary called Connectia for making its own dollar-backed stablecoins.

With Robinhood Chain now live, the company is pushing into tokenized equities, stablecoin lending and international markets.

The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is

The parent company for crypto exchange Kraken bought the stablecoin payments fintech as it awaits a response to its national trust bank charter application.

BNY, Huntington Bank, Citizens Bank, U.S. Bank, American Express, Visa, Mastercard, Stripe, and Coinbase are just a few of the companies that have signed on to use the dollar-backed stablecoin issued by technology firm Open Standard.

The bank deepened its relationship with Circle Internet Group, letting institutions store, transfer, mint and burn USDC.

Proposed rules for implementing the GENIUS Act demand close examination. While regulators' intentions are admirable, some of their suggestions threaten to create the very problems they are meant to resolve.

Congress needs to tread carefully as it creates new rules for stablecoins. Some of the proposals currently on the table could lead to a disruptive restructuring of financial services in the U.S.

The company's forthcoming stablecoin, PAYO-USD, is designed to spur increased transaction volume revenue rather than interest income on reserves, a model championed by most stablecoin issuers.

The Bank of England's new guidance changes restrictions following criticisms and concerns about U.S. dominance.

Chair Travis Hill said the Silicon Valley Bank failure showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.

Zelle, Western Union, SoFi and others are all launching stablecoins, adding to the thousands of other digital assets that do essentially the same thing as bitcoin.

Early Warning Services' peer-to-peer payment platform Zelle is launching its own stablecoin, ZLUSD, which will allow it to open its network to remittances abroad. India will be the first country.

Analysts say Payoneer is an attractive addition in a market where fast-moving developments in international payments, AI and digital assets are pressuring payment companies to scale quickly.

Independent Community Bankers of America is launching a new campaign comparing community banks with crypto companies, and highlights potential harm that the latter could pose to Main Street.

Segmenting the landscape: How legacy core, money service businesses and stablecoins divide cross-border value