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Stablecoins

Daines Unveils Crypto Tax Bill Pairing Payment Relief With Wash-Sale Rules

Daines Unveils Crypto Tax Bill Pairing Payment Relief With Wash-Sale Rules

The ADAPT Act would exempt qualifying stablecoin purchases and crypto-paid transaction costs of $10 or less from gain-or-loss recognition, while restricting loss harvesting.
Stable Announces Visa Direct Integration for Bank and Mobile Wallet Payouts

Stable Announces Visa Direct Integration for Bank and Mobile Wallet Payouts

Visa previously announced stablecoin funding and payout pilots; Stable has not specified when its connection will be available or which markets it will cover.
HSBC Names Hong Kong Stablecoin 'RedCoin' Ahead of Retail Rollout

HSBC Names Hong Kong Stablecoin 'RedCoin' Ahead of Retail Rollout

The Hong Kong dollar token is planned for the second half of 2026, with initial distribution limited to PayMe and the HSBC HK Mobile App.
Standard Chartered Initiates ENA Coverage With $2 Target

Standard Chartered Initiates ENA Coverage With $2 Target

Standard Chartered forecasts a 7x gain by end-2028 on the strength of Ethena's buyback program. The buyback switches on when USDe supply reaches $7.5 billion; USDe sits at $4.9 billion.
Morgan Stanley Sets Up Lab to Test Stablecoins and DeFi

Morgan Stanley Sets Up Lab to Test Stablecoins and DeFi

The internal testing program uses the bank’s innovation-lab network, while E*Trade already offers eligible clients spot crypto trading through zerohash.
BlackRock Sees Stablecoins Powering AI Agent Payments

BlackRock Sees Stablecoins Powering AI Agent Payments

The asset manager points to tiny, round-the-clock payments for data and computing power, while traditional checkout systems retain a role.
EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms

EBA Floats Stablecoin Lending Restrictions for EU Crypto Firms

The regulator wants the EU to examine rules for DeFi gateways, with leverage caps and certification of lending protocols among the options.
Ethena Starts Equity-Basis Rollout for USDe With Binance

Ethena Starts Equity-Basis Rollout for USDe With Binance

The strategy pairs bStocks with short equity perpetuals, while eligible hedged accounts receive lower auto-deleveraging priority.
Cross-Border Stablecoin Flows Jump 77.5% but Remain Concentrated

Cross-Border Stablecoin Flows Jump 77.5% but Remain Concentrated

Chainalysis identified 4,708 new country-to-country routes, but they carried just $2.64 billion of the $220.3 billion measured total.
Circle and Binance

Binance Takes $100 Million Circle Stake And Renews The USDC Deal Circle Pays For

Circle sold Binance 1,237,011 shares at $80.84, a five percent discount to the Sept. 17 close, and agreed to keep paying the exchange a monthly fee tied to USDC balances, an SEC filing shows.