Hong Kong’s financial regulator approved staking services for licensed companies. Additionally, a bill for regulating stablecoins is expected to be passed by late 2025. Source: LinkedIn / Julia Leung The…

Sumitomo Mitsui Banking Corporation (SMBC) announced the development of a new stablecoin. The digital asset is expected to be integrated into payment systems and real-world asset (RWA) tokenization. SMBC, Japan’s…

Sony Electronics started accepting crypto payments via the Crypto.com Pay platform, allowing users of its online store in Singapore to pay for goods using the USDC stablecoin. Sony Electronics, in…

Circle’s net profit from USDC usage is nearly five times lower than the amount it pays crypto exchange Coinbase for distributing the stablecoin. Circle Internet Group, the issuer of USDC,…

Intercontinental Exchange (ICE) signed an agreement with Circle to develop new financial products based on the USDC stablecoin and the tokenized tool US Yield Coin (USYC). Intercontinental Exchange Inc. (ICE),…

Canadian video platform Rumble announced the launch of its own wallet that supports Tether (USDT) for content creator payouts. Chris Pavlovski, CEO of Rumble, the Canadian competitor to YouTube, shared…

Mexican crypto exchange Bitso announced the launch of a stablecoin backed by the Mexican peso. The new asset will be issued on the Arbitrum blockchain. Bitso Business, a division of…

American banks Custodia Bank and Vantage Bank successfully completed the tokenization of U.S. dollar deposits by issuing the Avit stablecoin on the Ethereum blockchain. Custodia Bank and Vantage Bank announced…

The Digital Dollar Project (DDP) introduced a technological modernization plan for the U.S. dollar infrastructure, aimed at maintaining its dominant global position and reserve currency status in the Web3 era….