Brazil Bars Stablecoins From eFX Settlement Oct. 1
Brazil's R$1.13T stablecoin market isn't being banned, but Resolution 561 kills the one cheap settlement leg that gave eFX providers a real edge over SWIFT and correspondent banking.
Stablecoin issuance, market share, depegs, and reserve backing across USDT, USDC, DAI, and other major stablecoins.
Brazil's R$1.13T stablecoin market isn't being banned, but Resolution 561 kills the one cheap settlement leg that gave eFX providers a real edge over SWIFT and correspondent banking.
The debate highlights a core trade-off for Arc: protecting users after a major exploit could conflict with the trust built on immutable settlement infrastructure.
The financing links Japan's SBI to dtcpay's regulated payments expansion across Singapore and beyond, with capital aimed at enterprise tools, consumer features and merchant growth.
The fixed-rate program converts redeemed tokens into USDC, while an unconfirmed claim that holders recover only about 50% raises fresh questions about reserve liquidity.
The rollout links self-custodial payments, stablecoin access and yield across 150+ countries, with World ID adding a human-verification layer to financial accounts.
Circle's bet is USDC-native fees pulling payments rails and meme traders onto the same chain, with day-one Argus volume only proving half the thesis.
The institutional stablecoin pitch Circle built Arc around got bulldozed by memecoins on day one, leaving the chain's narrative stuck between meme casino and corporate payments rail.
Stablecoins have historically been a crypto-native affair. MoneyGram, Revolut and CACEIS jumping in this summer marks the category's clearest break from that origin story.
Six double-paid withdrawals drained 736,442.17 USDT from Chainflip's TRON vault via a malformed memo. Patch is live; affected LPs sit at zero balance with no funding source or repayment timeline.
The layer-1 lets a single USDC balance cover both payments and fees, and its founding validators include BlackRock, Visa, Mastercard, and DTCC, putting institutional names inside the network's…
The ATM program adds optional financing capacity for more SOL purchases, but the cumulative 13% payout means full issuance would cost roughly $39M a year in dividends.
Ten billion ARC tokens were minted as a technical milestone, but the real story is the validator bench: BlackRock, DTCC, ICE, Mastercard, and Visa anchoring a Layer 1 where gas is paid in USDC and…
A DoJ forfeiture filing exposes how the Al-Qassam Brigades coach donors around exchange controls, steering them toward Bybit, OKX, Kast, Redotpay and Tether's USDT on the Tron network.
Germany's largest bank joins Standard Chartered and BBVA in regulated digital asset custody, with bitcoin, ether, USDC and EURC supported at debut as institutional demand accelerates.
Founding validators span the TradFi core: BlackRock, DTCC, Mastercard, Standard Chartered and Visa are securing the USDC-gas Layer 1 from day one, alongside a 10 billion ARC genesis mint Circle says…
The carrier is settling transactions and holding dollar reserves in the USDi stablecoin, a test of whether telecoms can turn their customer rails into financial services in volatile-currency markets.
The real signal is the lease rate, not spot: with London's lendable silver pool near record lows and a sixth straight supply deficit projected, Theo is moving bullion-bank lending economics onchain…
The draft exemptions kick in from October 2027 and cover transfers, exchange and repos, but lending-style transfers and swaps into assets like Bitcoin stay regulated.
The procedural defeat hands rulemaking to the SEC and CFTC, with Bernstein expecting 'aggressive and swift' agency action and Senator Lummis floating 2030 as the next realistic legislative window.
Bond markets have already priced in a 92.5%-probable quarter-point hike; the bigger shock could come if the Fed holds, leaving investors to wonder what policymakers see that markets do not.