Stablecoins

BlackRock stablecoin fund receives ‘AAAm’ rating

BlackRock’s new tokenised money market fund has received an ‘AAAm’ principal stability fund rating from S&P Global Ratings, recognising the fund’s focus on capital...

MiFinity launches stablecoin payout service with BVNK 

MiFinity has launched PayAnyCoin, a new enterprise payout service designed to help merchants send global payments using stablecoins as a faster and more efficient cross-border settlement option. The...

BNY launches digital fund servicing platform

BNY has launched new digital transfer agency capabilities, extending its fund servicing platform to support digitally native funds and tokenised assets across multiple jurisdictions and blockchains. The...

Galaxy expands institutional digital asset offering

Galaxy has launched Galaxy Curator, a new institutional vault curation service designed to help organisations generate yield on stablecoin holdings through curated onchain strategies. Built on Morpho and...

BIS: stablecoins are creating a shadow dollar channel

The Bank for International Settlements has warned that stablecoins are forming a de facto shadow dollar‑funding channel, linking retail users in emerging markets directly...

BNY targets 24/7 treasury settlement by 2027

BNY, the world’s largest custodian bank, is developing an always-on settlement system that could enable US Treasury transactions to settle 24 hours a day,...

Visa launches stablecoin management platform

Visa has launched the Visa Stablecoin Platform (VSP), a new enterprise platform designed for financial institutions, fintechs and other payment providers. The platform gives these companies a...

Treasury eyes BoE fee regime expansion

HM Treasury has launched a consultation on plans to widen the Bank of England’s supervisory fee regime to cover systemic digital settlement asset service...

UK–US deal strengthens capital market tokenisation plans

The UK government is drawing a direct line between its domestic tokenisation pilots and a new regulatory alignment with the United States, signalling a...

IMF: Tokenisation could reshape global financial architecture

The International Monetary Fund has set out how tokenisation could transform the world’s financial architecture, arguing that policy choices made now will determine whether...

Crédit Agricole launches Euro stablecoin EURXT

Crédit Agricole, France's second-largest banking group, has launched EURXT, a MiCA-compliant euro-pegged stablecoin, through its asset servicing arm CACEIS.  The token was used to complete the...

BNY expands relationship with Circle

BNY has launched enhanced stablecoin services allowing institutional clients to store and manage USDC. It comes as traditional financial institutions continue to use new technologies...

Euroclear and SG-FORGE explore USD stablecoin settlement

Euroclear and Societe Generale-FORGE (SG-FORGE) will collaborate to explore how digital cash solutions could support the issuance and settlement of short-term funding instruments in US dollars.  The collaboration will assess...

Bank of England updates stablecoin guidance

The Bank of England has published its policy statement and draft Code of Practice (rules) for systemic stablecoin issuers, softening the rules following industry backlash. The policy statement...

Macro implications for stablecoin remuneration

Both a reserve-based or an activity-based remuneration model for stablecoins will lead to far reaching macro-financial implications, according to a report by the Bank for International Settlements. Under the reserve-based model,...

State Street IM launches stablecoin reserves money market fund

State Street Investment Management has launched the State Street Stablecoin Reserves Money Market Fund, a GENIUS Act-aligned fund targeting stablecoin issuers. State Street Bank and Trust Company, and Anchorage Digital, home...