Slash is launching a dollar account powered by a non-transferable stablecoin that offers global businesses faster payments, built-in off-ramps, and yield on balances.

The synthetic dollar’s supply is up 75% over the past month, driven by increased demand for yield and overall excitement surrounding Ethena.

The European Central Bank is softening its stance on euro stablecoins as the U.S. doubles down on dollar-backed assets with the GENIUS Act.

The trend is being driven by new legislation, especially the GENIUS Act, and rising adoption, positioning stablecoins as a long-term force in digital finance.

Contributors offered more than seven times the guaranteed allocation of $50 million into the overallocation fund in the hope of receiving extra tokens.

After years of pushing the digital yuan, China is quietly warming to stablecoins backed by its currency.

Large stablecoin inflows can even result in “quantitative easing” of long-term Treasury bill yields, according to the crypto research firm.

BNB Chain and Tron lead by active stablecoin users, according to the research firm’s State of Stablecoins 2025 report.

Users who staked stablecoins on Plasma were assigned XPL token allocations based on the value of their stake.

The bank joins other major financial institutions embracing stablecoins and crypto services as regulations ease and market demand grows.