Stablecoin Neobank Fasset Hits $1 Billion Valuation After $68M SBI-Led Funding R...
TLDR: Fasset raised $68M led by SBI Group, reaching a $1 billion valuation. Total 2026 funding hits $119M after a $51M round clos...
Armstrong: Stablecoins Give High-Inflation Nations “A Way Out”
TLDR: USDT adoption is rising in Venezuela, Argentina, Bolivia and Turkey, Tether’s CEO confirmed. Brian Armstrong says stablecoin...
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 clien...
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments p...
The firm raised $68 million as its revenue has grown six-fold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hos...
Stellar (XLM) Developer Activity Hits All-Time High as Network Overtakes Solana,...
TLDR: Stellar developer activity hit an all-time high of 2,968 monthly active developers in June. XLM developer growth rose 125% y...
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 gr...
Circle CEO Allaire Maps Stablecoins’ Next Act as Global Payment Rails
TLDR: Circle Payments Network hit a $14.7B annualized run rate, rising 76% quarter over quarter by Q2-end. USDC circulation reach...
Why FASB’s Cash Equivalent Proposal Could Boost Stablecoin Adoption
TLDR The Financial Accounting Standards Board has proposed treating stablecoins as “cash equivalents” under GAAP rules. The propos...
Pump Foundation Treasury Holds Nearly $2 Billion, Co-Founder Reveals
TLDR: Pump Foundation holds nearly $2 billion in treasury assets, mostly in stablecoins, no SOL held. Baton Corporation develops p...
Elon Musk's X is exploring stablecoins to pay influencers and content providers
Conversations with X are ongoing, according to a person who also works with other social media platforms testing stablecoins to pa...