Stablecoin | Crypto

Stablecoin issuers are emerging as a new source of demand for US government debt as foreign official holdings lose ground. Tether and Circle have increased their Treasury securities and repurchase-agreement holdings by about $200 billion over the past five years, equivalent to more than 40% of the decline in China’s Treasury holdings over the same […] The post Stablecoin issuers have replaced 40% of China’s lost US Treasury demand appeared first on CryptoSlate.

Paymentscan's Sept. 29 snapshot shows a new tracked volume high and a higher implied amount per transaction. The post Stablecoin cards enter ‘hyper growth’ mode as monthly spending hits record $1.17 billion appeared first on CryptoSlate.

Cross-border stablecoin transfers surged as the wider crypto market shrank 37%, with Chainalysis pointing to growing use for trade, remittances and savings. Crypto’s downturn over the last year has done little to slow stablecoins at the border, with cross-border stablecoin flows rising 77.5% in the year to June 2026 as the broader market lost more than a third of its value, according to new research from Chainalysis.  In its newly released 2026 Global Crypto Adoption Index, Chainalysis said cross-border stablecoin flows rose 77.5% to $220.3 billion in the 12 months ending June 2026, from $124.2 billion in the previous 12-month period, despite total crypto market capitalization falling 37% to $2.1 trillion over the same period.  “The bear market hit the price-sensitive half of crypto and left the payments half alone,” Chainalysis said. Read more

Every paycheck eventually has to pay for something: rent, groceries, transport, or bills. Stablecoins can move between wallets in seconds. But that does not mean an employee can spend the money immediately. They may still need to convert the stablecoins into local currency, move the money to a bank account, and pay fees along the […] The post Stablecoin salaries can leave workers paying to access their wages appeared first on CryptoSlate.

Dtcpay plans to expand its merchant network and payment products after completing a $25 million Series A backed by Japan’s SBI Group. Singapore-based stablecoin payments company Dtcpay has completed a $25 million Series A funding round after securing backing from Japanese conglomerate SBI Group.  On Friday, SBI Holdings said it invested through SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund, two Singapore-based investment vehicles managed by the group. Neither SBI nor dtcpay disclosed the size of SBI’s contribution or the company’s valuation. Dtcpay said the investment completed its $25 million Series A, which began with a $10 million tranche led by Vertex Ventures Southeast Asia & India in April. Genedant Capital and existing investor Kwee Liong Tek also participated in the round. Dtcpay previously raised $16.5 million in pre-Series A funding in June 2023. Read more

A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government debt. Carolyn Wilkins, a member of the Bank of England’s Financial Policy Committee, says the rise of stablecoins could reinforce the US dollar’s global dominance and increase demand for US Treasurys, underscoring how the growing market for digital dollars could have consequences well beyond crypto. In a Tuesday speech at Queen’s University Belfast, Wilkins said dollar-denominated stablecoins could strengthen the greenback by making cross-border settlement easier, expanding access to dollar-linked assets outside the US and increasing demand for Treasurys held as reserves. The largest stablecoin issuers are already significant buyers of US government debt. Tether’s USDt (USDT) and Circle’s USDC (USDC) held nearly $150 billion in Treasury bills at the end of 2025 and bought roughly $33 billion during the year, according to data cited by Wilkins. Read more

The following is a guest post and opinion from Danyel Arenas, Co-Founder and CEO at KiiChain. Visa’s launch of its Stablecoin Platform is a sign that stablecoins are moving into mainstream financial infrastructure. The platform gives banks, fintechs and payment providers a way to access, hold, move and redeem stablecoins within a Visa-managed environment. As […] The post Stablecoin payments are going mainstream. What happens when the recipient needs local currency? appeared first on CryptoSlate.

ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments. European Central Bank Executive Board member Piero Cipollone said wider stablecoin adoption could erode commercial banks’ retail deposit base. He made the remarks Friday in a speech to Italy’s Federation of Cooperative Credit Banks in Rome, where he argued that digital payments are reshaping banking and increasing Europe’s reliance on non-European payment infrastructure.  Cipollone said banks are already losing payment fees and transaction data to mobile payment providers. He added that the digital euro would help preserve banks’ role in the payments system. Read more

Stablecoins are maturing and are positioned for even greater reach as the market evolves, said crypto researcher Nick Ruck. Adjusted stablecoin transaction volume hit a record $1.79 trillion in June, up 63% from May’s $1.1 trillion, according to payments giant Visa. June’s record stablecoin transaction volume surpassed the previous record of $1.78 trillion in February, and is up 125% from the prior-year period, according to Visa’s Allium-powered stablecoin analytics dashboard.  “June 2026 was another record month for stablecoin transaction volume, just ahead of February 2026,” said Zach Pandl, head of research at Grayscale, on Sunday.  Read more

Stablecoins have rarely had more policy attention than they do in 2026. Lawmakers, payment companies, and crypto firms are treating dollar tokens as infrastructure rather than a side market. However, the most visible demand signals now point the other way. Search volume for “stablecoins” was down 54% month over month in June, based on annualized […] The post Stablecoin demand starts to fade as Visa and Stripe build for the next boom appeared first on CryptoSlate.

Three federal agencies have proposed rules that would make stablecoin issuers operate like banks. The Treasury wants them to run anti-money-laundering and sanctions programs. The Office of the Comptroller of the Currency (OCC) wants a weekly confidential report and a quarterly financial report from each one, and the Federal Deposit Insurance Corporation (FDIC) wants Bank […] The post Stablecoin regulation converts issuers into psuedo-banks while adding a barrier to entry for smaller players appeared first on CryptoSlate.

Stablecoin settlement enables weekend/holiday settlement, reducing trapped capital by over 40%. This improves card economics and financial flexibility for issuers.

The crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial wallets for stablecoins. As the UK considers options to attract and develop the crypto industry at home, the Bank of England (BOE) has put forward several proposals for how it might regulate stablecoins to mitigate perceived financial risks. These have included a ban on custodial wallets for stablecoin holdings. The UK crypto industry, from stablecoin issuers to Bitcoin hardliners, has predictably taken issue with the ban. “This would be a serious misstep for the UK, risking long-term damage that is hard to unwind,” said Benoit Marzouk, CEO of stablecoin issuer tGBP told Cointelegraph. Read more

US Senator Thom Tillis said the current text of the CLARITY Act offers a compromise for the crypto industry and banks and provides a bipartisan path for the bill’s passage. America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that it fails to protect bank deposits. In a statement Monday, the bankers acknowledged that US Senators Thom Tillis and Angela Alsobrooks are “seeking to achieve the correct policy goal” in prohibiting stablecoin yield but noted that the CLARITY Act’s “proposed language” currently “falls short of that goal.” “It is imperative that Congress get this right,” the American Bankers Association said in a joint statement with the Bank Policy Institute, Consumer Bankers Association, Financial Services Forum and Independent Community Bankers of America. Read more

The US-to-Mexico remittance corridor, while still the largest, shrank 4.5% in 2025 as other Latin American corridors grew. Fintech and stablecoin companies should consider looking outside of the US-to-Mexico corridor to win the $174 billion Latin America remittance market, according to a former Bybit executive. Most firms have focused too narrowly on the $61.8 billion US-Mexico remittance market and are missing faster-growing corridors between the US and Central America, as well as remittances within Latin America, Bybit's former chief marketing officer, Claudia Wang, said in a post on X on Sunday.  “The corridors that look ‘hot’ right now are not the corridors most fintechs are optimized for,” she said, citing Venezuela-to-Colombia, Argentina-to-Bolivia and Spain-to-Ecuador as examples. The non-US-to-Mexico remittance market stands at about $112 billion.  Read more

The integration lets employees earn yield on stablecoin-paid salaries without moving funds or giving up custody. Paxos Labs has integrated its Amplify platform with Toku to let employees earn yield on stablecoin salaries as soon as they are paid, without moving funds off-platform or giving up custody. The feature applies to balances held in Toku wallets, allowing users to opt in and earn yield on USDC (USDC), USDt (USDT) and USDG (USDG) with no lockups or withdrawal delays. The rollout extends across Toku’s payroll network, which it said processes more than $1 billion annually for workers in over 100 countries and integrates with systems including ADP, Workday, Gusto and UKG. The update addresses a limitation of stablecoin payrolls, where funds typically sit idle between pay cycles. Embedding yield directly into balances allows users to earn on their salaries without using external platforms or transferring assets out of their wallets. Read more

Stablecoin transfer volume fell more than 19% in 30 days even as supply, holders and active addresses continued to climb. Stablecoin monthly transfer volume fell by nearly 20% over the past 30 days, even as the market’s total supply and holder count continued to rise.  According to data from RWA.xyz, 30-day stablecoin transfer volume dropped 19.18% to $8.31 trillion as of April 28, while stablecoin market capitalization rose 2.06% to $305.29 billion over the same period. The number of stablecoin holders also increased by 2.32% to 246.94 million, while monthly active addresses edged up 0.26% to 51.28 million. The divergence suggests that stablecoin growth is not translating evenly into onchain activity. While more capital appears to be sitting in dollar-denominated crypto assets, fewer dollars are being moved across blockchains compared with 30 days earlier.  Read more

White House economists say banning stablecoin yield would add little to bank lending while imposing significant costs on users. A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides. According to the Council of Economic Advisers, a three-member agency within the Executive Office of the President tasked to offer the president economic advice, moving funds from stablecoins back into bank deposits would not translate into significant new lending. Under its baseline scenario, total bank lending would increase by about $2.1 billion, roughly 0.02% of the $12 trillion loan market. The report, published Wednesday, says that community banks would see even smaller gains. Lending at these institutions would increase by roughly $500 million, or about 0.026%. Read more

Stablecoins dominated crypto trading in Q1 as investors sought safety, while rising bot usage and declining retail flows pointed to shifting market dynamics, according to CEX.io. Stablecoins were a rare bright spot in an otherwise subdued crypto market in the first quarter, with supply growth and transaction activity pointing to sustained demand even as broader market conditions weakened. Total stablecoin supply increased by roughly $8 billion to a record $315 billion in Q1, according to data from CEX.IO. Although this marked the slowest pace of expansion since Q4 of 2023, it still represented growth during a period when the wider crypto market contracted. The data suggests investors rotated into stablecoins as a defensive strategy, boosting their share of overall market activity. Stablecoins accounted for 75% of total crypto trading volume during the quarter — the highest level on record. Read more

Regulatory uncertainty shakes stablecoins as institutions push forward, prediction markets tighten rules and AI agents reshape micropayment economics. Stablecoins are once again at the center of the crypto business narrative — but for very different reasons. Circle’s sharp sell-off this week highlights how sensitive crypto equities remain to regulatory headlines, even when the underlying business fundamentals appear unchanged. At the same time, developments in Canada show institutions are moving in the opposite direction, quietly laying the groundwork for stablecoin integration into traditional finance. Elsewhere, prediction markets are facing growing pressure to clean up their act as regulators zero in on manipulation risks, while a new thesis from Forrester suggests the long-promised micropayments economy may depend less on infrastructure — and more on AI agents. Read more