In this issue: Zelle explores launching a stablecoin as a zero-fee race heats up between issuers in a battle for network dominance. Google elevates stablecoins in its agentic commerce standards, and NASDAQ seeks SEC approval to trade tokenized securities.
In this issue: The banking lobby steps up its fight to restrict stablecoin issuance as Circle aggressively expands its global distribution footprint. Card network stablecoin settlement continues to grow, and Google signals renewed interest in blockchain.
In this issue: Wall Street completes its first 24/7 U.S. Treasury financing, with major implications for bank liquidity and stablecoin reserve management. Stripe and Circle build dedicated stablecoin blockchains, and Ripple acquires Rail for $200M to accelerate RLUSD adoption.
In this issue: The White House releases a comprehensive roadmap for digital asset regulation as payments giants Visa and Western Union double down on stablecoin settlement infrastructure. Major banks accelerate crypto adoption while PayPal makes a two-product cross-border push.
In this issue: The Senate passes the GENIUS Act with bipartisan support, providing the long-awaited regulatory framework for stablecoins. JPMorgan enters public blockchain, and major institutions from Walmart to Wall Street announce stablecoin initiatives.
In this issue: Circle’s IPO signals growing mainstream confidence in stablecoins as credit unions and big banks move to build blockchain-based services. Coinbase introduces x402, a new standard for internet payments, as the industry races to build out its rails.