News Archive
Browse retained market reporting from the past 30 days.
Crypto news
Kast has launched a stablecoin-based business platform offering accounts, cards, transfers in more than 20 currencies, and returns of up to 8% APY across over 170 countries.
The Daily Hodl
A group of 21 banks and financial firms is establishing a new company to issue a dollar-denominated stablecoin focused on commercial cross-border payments. The post Bank of America, Wells Fargo, Citi and Goldman Join 21-Firm Plan to Launch Stablecoin appeared first on The Daily Hodl.
Unchained
The group has more than doubled since October and now includes Fidelity and WisdomTree, and it is targeting the first half of 2027 for a token that still has no name and no chosen blockchain.
Coinspress
Twenty-one major financial institutions, including Bank of America, Citi, Goldman Sachs, Deutsche Bank, UBS and Santander, have committed to form a new company to issue a bank-backed stablecoin, turning an exploratory project announced last year into a planned commercial venture.
Benzinga
A group of twenty-one global financial institutions, including Bank of America Corp. (NYSE:BAC), Goldman Sachs Group Inc. (NYSE:GS) and Citigroup Inc. (NYSE:C) is forming a new company to launch a regulated stablecoin. Alongside BofA, Goldman Sachs and Citi, the consortium includes Wells Fargo & Co. (NYSE:WFC), Capital One Financial Corp. (NYSE:COF), Fidelity Investments, PNC Financial Services, Scotiabank, TD Bank, WisdomTree, Banco Santander, BBVA, Deutsche Bank (NYSE:DB), UBS (NYSE:UBS), MUFG Bank and others.
Tokenpost
A group of 21 major financial institutions, including Bank of America, Citi, Goldman Sachs and UBS, plans to establish a new company focused on issuing stablecoins for payments and digital asset transactions. The yet-to-be-named stablecoin venture is expected to be formally established in the second half of 2026, subject to customary closing conditions.
Crypto Economy
HINC, Neuberger Berman and Securitize's high-yield tokenized fund, debuts on Loopscale on Solana as collateral in DeFi credit. Eligible users can deposit HINC as collateral to borrow USDG, the stablecoin issued by Paxos, without having to sell their position in the fund. Standard Chartered projects that assets deployed in DeFi could reach $2.
Cointelegraph
The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a euro-denominated offering next.
Cryptopolitan
Twenty-one financial institutions including Goldman Sachs, Bank of America and Citi, have announced that they will form a shared company to issue a dollar-backed stablecoin, with a market launch targeted for the first half of 2027.
Crypto Economy
Twenty-one financial institutions plan to form a stablecoin issuer in the second half of 2026, bringing together major global banks and asset managers. The venture will initially launch a U.S. dollar stablecoin in the first half of 2027, with a euro-denominated token prioritized for later expansion.
Coindesk
The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion.
Crypto Briefing
The consortium's stablecoin launch could reshape global finance by enhancing cross-border transactions and digital asset settlements. 21 banks consortium plans stablecoin launch in first half of 2027.
The Currency Analytics
Kast just went live with its KAST Business platform. And it's swinging big.
PYMNTS
Stablecoins and tokenized deposits can look deceptively similar from the perspective of a corporate user. Both can represent dollars digitally.
Invezz
KuCoin, a global cryptocurrency platform, has upgraded its Institutional Interest-Free Lending Program by adding support for its Unified Trading Account (UTA). The update lowers the external 30-day trading volume requirement for newly registered API clients from 30 million USDT to 10 million USDT. Eligible clients can also access 0% interest for the first two months without a trading volume requirement and borrow up to 3 million USDT for use across Spot, Margin and Futures. According to KuCoin, the update is intended to reduce the costs and operational complexity that can arise when institutional capital is spread across multiple accounts and trading products.
Crypto Economy
The Monetary Authority of Singapore (MAS) opened a public consultation to recognize stablecoins issued across multiple jurisdictions under its regulatory framework. The proposal would allow tokens jointly issued by a Singaporean and a foreign issuer to receive the “MAS-regulated stablecoins” label if risks are adequately mitigated.
PYMNTS
Singapore's financial regulator is closer to implementing a regulatory framework for stablecoins. The Monetary Authority of Singapore (MAS) on Tuesday (Sep. 1) published new proposed legislative amendments to the Payment Services Act, which would establish ways for stablecoin issuers to become MAS-regulated.
Crypto Briefing
Felix Pago's funding boost could accelerate stablecoin adoption, enhancing financial inclusion and innovation in cross-border transactions. Felix Pago raises $200M in Series B funding led by a16z to scale stablecoin remittances.
CoinPedia
Monetary Authority of Singapore (MAS) has today proposed a new licensing framework focused on stablecoin reserves, redemption, and user protection. The plan could give compliant stablecoins a clearer role in digital finance, while issuers that fail to meet the rules would remain under the Digital Payment Token framework.
Coindesk
The country's financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves the way for the recognition of foreign stablecoin.