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Circle is promoting USDC through a Chelsea shirt sponsorship, bringing the dollar-pegged stablecoin greater visibility. USDC is designed to remain worth one dollar, so its appeal is stability rather than price appreciation.
Bastion Platforms National Trust Company received conditional OCC approval for a national trust bank charter. The planned entity would provide stablecoin custody, wallets, payment infrastructure and white-label issuance through one federally regulated platform.
Brazil’s central bank will require a licensed FX transaction or qualifying non-resident real account for a specific cross-border settlement flow involving regulated FX providers from Oct. 1, limiting stablecoin use on that payment route.
SBI joined a Vertex-led funding round for a Singapore startup expanding stablecoin services across merchant tools, enterprise portals and apps. CryptoSlate did not disclose SBI’s contribution or the round’s terms.
SALT Lending CRO Hunter Albright outlines how Bitcoin-backed loans and stablecoins could develop over the next three to five years, potentially giving long-term BTC holders additional ways to access liquidity while retaining their holdings.
Stablecoin payments company dtcpay completed a $25 million Series A round that included a strategic investment from Japan’s SBI Group, CoinDesk reported. Further funding terms and use of proceeds were not disclosed.
dtcpay completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group, CoinDesk reported. The financing highlights continued activity around stablecoin payment companies and digital-asset infrastructure.
World is rolling out its self-custodial World Money app in more than 150 countries, combining stablecoin payments, digital asset rewards and trading in a single platform, Cointelegraph reported.
WisdomTree and MoonPay are working to expand US access to WisdomTree’s $1.2 billion WTGXX tokenized money market fund. MoonPay plans to include the fund in its stablecoin reserves, Cointelegraph reported.
