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SoFi Bank’s dollar stablecoin went live on Polygon on November 12. Members can use SoFiUSD inside the SoFi app, and businesses using Polygon’s payments infrastructure can choose it to settle dollar payments.
Circle’s November 5 response to the Binance attack explains how it stops USDC transfers under court orders. The company is asking authorities and crypto firms to cooperate more quickly across borders.
USDT0 says it froze tokens on Polygon before the attacker could swap them for other assets. The team has reopened Ethereum–TRON transfers after a precautionary pause, but extra checks may delay some transactions.
Ripple National Trust Bank will manage RLUSD reserves and can hold digital assets for institutions. Standard Custody remains the issuer, while Ripple has not announced when services will begin.
RedCoin can be redeemed one-for-one for Hong Kong dollars and used for transfers and merchant payments through PayMe. HSBC reports HK$80.8 million in circulation on October 25 as wallet access opens gradually.
The Bank of Korea aims to prepare an amendment with the government by year-end. Under a separate timetable, service providers will begin filing transfer and balance reports on December 2.
Payment stablecoin issuers supervised by the OCC face final reserve, redemption and approval requirements. Existing issuers may seek temporary waivers; the regulator will announce when applications open.
Blockchain Association has asked the US Treasury to distinguish businesses serving customers from firms trading their own assets. Its comment letter also seeks narrower tests for knowingly assisting unlawful issuance and checking foreign stablecoin issuers.
The companies are extending their existing card partnership to Marqeta’s enterprise customers. Cardholders will be able to spend stablecoin balances at merchants that accept cards.
The EBA will oversee reserves, capital and redemption plans for Circle’s European USDC issuance. France’s ACPR will retain responsibilities including corporate governance and outsourcing.
Ahead of Allbridge ending its Stacks connection, Zest has set a deadline for aeUSDC loans and deposits in its legacy market. The single-transaction move to V2 excludes aeUSDC balances.
Developer Khal estimated that four vaults holding 1.45 million USDT were temporarily restricted. THORChain’s co-founder said the team received no advance communication.
The new CCTP integration gives payment and treasury applications on Sui access to USDC from a wider set of networks, without delivering a separate wrapped token to the recipient.
The payments company says its treasury wallet has been frozen for more than a year. Its New York lawsuit seeks restored access to the funds and damages.
Financial institutions could reuse the same infrastructure across different digital asset services. LG CNS’s platform brings wallet management, transaction handling and record collection into one system.
Ripple USD accounts for most of the stablecoin expansion on the XRP Ledger. The network remains above $1.3 billion, although the latest growth rate differs from the figure circulated earlier in the day.
A plan to distribute the remaining collateral and close Abracadabra ran into a participation threshold. The result leaves MIM’s backing shortfall unresolved and the proposed repayment timetable without approval from this vote.
Tether is highlighting its cooperation on sanctions enforcement as a U.S. Senate report argues it should have acted earlier and more comprehensively. The amount at issue covers freezes made throughout the year.
Visa’s data refresh filters out more instances of the same funds moving repeatedly between wallets. Dollar volume and transaction count changed by different amounts, affecting comparisons of stablecoin usage.
JPYC’s jump above four times its reference price on Upbit has sharpened calls for liquidity safeguards in South Korea’s won stablecoin framework. Industry voices say reserve backing alone cannot keep exchange prices in line.
