Latest
TradFi & Fintech
Stripe's $53B PayPal Bid Would Combine Bridge and PYUSD Under One Owner
The unsolicited offer from Stripe and Advent International, if PayPal accepts, would consolidate two of the mainstream payments industry's stablecoin operations.

CeFi
Coinbase Matches Robinhood's 7% Yield With a Different Design
Robinhood pays only the gap between organic yield and a 7% target for a year; Coinbase pays market rate plus token rewards with no ceiling and no end date.

TradFi & Fintech
Tether Leads $7M Series A in Pact Labs for USA₮ Payroll
The stablecoin issuer's latest strategic bet targets payroll, wage access and everyday payments rails for its US-focused USA₮ token.

Regulation & Politics
Lummis Says CLARITY Act Text Coming 'in Next Few Days'
The Wyoming senator says the bill will focus on fighting illicit finance, consumer protections and keeping crypto markets onshore in the US.
Blockchains
South Korea Super-App Toss to Run Won Stablecoin Pilot on OP Stack
Optimism says Toss is the fourth regulated financial institution in a year to pick the OP Stack, after Bitpanda, Kraken and Mitsui.

People
Coinbase Chief Legal Officer Paul Grewal to Step Down
Molly Abraham is set to take over as general counsel as Grewal shifts to a three-month advisory role through October.
CeFi
Circle Wins Final OCC Approval for National Trust Bank
The stablecoin issuer received a charter for First National Digital Currency Bank, allowing it to custody digital assets and, eventually, hold USDC reserves under direct federal supervision. Shares rose more than 10%.
TradFi & Fintech
HSBC Issues First Digitally Native Structured Product in Hong Kong
The bank placed USD-denominated notes issued directly on a blockchain, with Marketnode acting as tokenization agent and digital paying agent.

TradFi & Fintech
Privy Launches Global Fiat Onramps With Stripe in US, EU
Privy pairs Stripe's Crypto Onramp for the US and EU with its own aggregator covering more than 100 other countries, all funneling into a single wallet.

TradFi & Fintech
PayPal's PYUSD Goes Native on Polygon, Joins Open Money Stack
Paxos, the OCC-regulated issuer of PYUSD, said the stablecoin will now settle directly on Polygon rather than moving there as a bridged token.
