Topic: #stablecoins
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Samsung adds USDC transfers to Samsung Wallet on 82 million U.S. Galaxy devices
Samsung will let eligible U.S. Galaxy users send USDC to wallets and to bank accounts in more than 60 countries from late October, with Solana, Sui, Coinbase and Bastion supporting the rollout.
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Polygon adds TRON support to Open Money Stack for USDT payments and transfers
Polygon Labs added TRON to its Open Money Stack, saying businesses can move USDT between TRON and supported EVM networks without separate wallet, bridge or fiat-ramp providers.
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SBI Holdings, Mesh and Money Forward plan Japanese crypto payments joint venture
SBI Holdings, Mesh Connect and Money Forward reached a basic agreement on a Japanese joint venture for digital asset transfers and payments. Mesh would own 60%, and the companies plan to launch in 2026.
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Ripple treasury mints 30 million RLUSD in a single transaction, tracker shows
Ripple's stablecoin treasury minted 30 million RLUSD in one transaction, according to the Ripple Stablecoin Tracker cited by U.Today. RLUSD's market cap was about $2.53 billion as of Oct. 7, per CoinGecko.
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World Liberty Financial plans USD1 payments push for Web2 firms, report says
World Liberty Financial plans to extend its USD1-based payments tech to large Web2 firms paying drivers, contractors and creators, Crypto Briefing reported. No WLFI statement was cited, and no live Web2 partner is confirmed.
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Cardano Foundation puts CIP-0113 token compliance standard live on mainnet
The Cardano Foundation said at TOKEN2049 that CIP-0113 is live on mainnet. The opt-in standard lets native token issuers freeze, seize and restrict assets, and the ledger itself enforces the rules.
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BlackRock's Nikhil Sharma pitches tokenized money market funds as direct collateral
BlackRock digital assets director Nikhil Sharma says tokenized money market fund shares could be posted directly as collateral, cutting out redemption and multi-day cash settlement, Crypto Briefing reported.
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Aave's Pendle PT collateral nears Oct. 8 maturity as December rollover market forms
About 67.4 million Pendle principal tokens backing Aave loans on Monad mature Oct. 8, and risk adviser LlamaRisk has named a newer December PT market as the rollover destination.
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OKX launches OKX Money app for stablecoin savings, up to 10% yield and card spending
OKX introduced OKX Money, an app that converts more than 50 local currencies into dollar stablecoins, offers up to 10% APY on eligible USDG balances and adds virtual and physical cards.
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Chainalysis estimates $176 billion in China crypto activity, 59.1% peer-to-peer
Chainalysis estimates China generated at least $176 billion of crypto activity in the year through June 2026, with 59.1% moving through domestic peer-to-peer transfers, CryptoSlate reported.
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Spiko raises $90 million Series B led by NEA to expand tokenized money market funds
Paris-based Spiko closed a $90 million Series B led by NEA on October 6, 2026, Crypto Briefing reported, as the tokenized money market fund issuer pitches itself as a challenger to BlackRock in cash funds.
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Aave lifts GHO borrow rate to 4.5% on Ethereum Core after USDC GSM depletion
Aave's Ethereum Core market now charges 4.5% to borrow GHO, matching the sGHO savings rate, after TokenLogic reported a depleted USDC GHO Stability Module on Oct. 2, CryptoSlate reported.
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Stripe plans stablecoin card expansion to more than 100 countries by year-end
Stripe expects its stablecoin card programs to reach more than 100 countries by year-end, crypto lead Henri Stern told CoinDesk, as card spending in stablecoins tripled year over year, per Paymentscan.
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RBI Governor Malhotra says India stays cautious on crypto but backs tokenization
RBI Governor Sanjay Malhotra said India's approach to crypto remains cautious, citing monetary sovereignty and capital flow risks, while the central bank backs distributed ledger technology and tokenization.
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Drift Protocol opens DFX redemptions at about one cent per USDT of verified loss
Drift Protocol opened DFX claims and redemptions on Oct. 1. Its launch rate was about 0.0104 USDT per token from a roughly 3.1 million USDT pool, which CryptoSlate calculates at near 1% of verified losses.
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Fed hike to 3.75%-4% can help stablecoin issuers, squeeze Bitcoin borrowers: analysis
A CryptoSlate analysis says the Fed's Sept. 16 hike to 3.75%-4% can lift reserve income for stablecoin issuers like Circle while raising interest costs for companies that borrow to buy Bitcoin.
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ESMA asks EU to bar custody and transfers of non-MiCA-compliant stablecoins
ESMA's September 30 response to the EU's MiCA review asks the Commission to prohibit every licensable service involving non-compliant stablecoins, custody and transfers included, CryptoSlate reported.
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US designates Russia's A7 Network a criminal group, targets A7A5 ruble token
OFAC designated Russia's A7 Network a significant transnational criminal organization, and FinCEN proposed barring transfers tied to its front companies, a rule that would also reach crypto exchanges.
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RWA Foundation report tracks 10,322 tokenized assets; stablecoins near $301.4B
The RWA Foundation's latest monthly report tracks 10,322 real-world assets onchain and puts stablecoin market cap at about $301.4 billion across 193 assets, according to Crypto Briefing.
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Open USD (OUSD) launches with $468M supply, Stripe distribution deal
Open USD (OUSD), a stablecoin backed by more than 200 organizations, debuted Sept. 30 with about $468 million in circulation and a Stripe distribution deal, entering a market where USDT and USDC hold about 84%.
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Daines' ADAPT Act would spare stablecoin purchases from gains tax, not Bitcoin
Sen. Steve Daines' proposed ADAPT Act would let people spend qualifying dollar stablecoins without recognizing gain or loss starting in 2027. Bitcoin purchases would still be taxable dispositions, CryptoSlate reported.
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Base's Cobalt upgrade lets B20 token issuers configure balance seizures
Base scheduled its Cobalt upgrade for mainnet on Sept. 30 at 18:00 UTC. It adds seizeWithMemo, an opt-in tool that lets B20 issuers reassign holder balances separately from transfer rules.
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Stable integrates Visa Direct for StableChain payouts to banks and mobile wallets
Stable, the company behind USDT-native Layer-1 StableChain, has integrated Visa Direct, according to a September 30 announcement, linking onchain stablecoin rails to bank accounts and mobile wallets.
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Sentora proposes running isolated Aave V4 Hub for 50/50 revenue split
Sentora posted an Aave governance proposal on Sept. 28 to run an isolated V4 Hub for a 50/50 revenue split with the DAO. CryptoSlate's analysis says the Hub's suppliers would bear any bad debt.