Banks have been asking the same questions about stablecoins for two years: Is this legal? What’s the capital treatment? What do we tell the examiner? The answers have been scattered across interpretive letters, proposed rulemakings, and the footnotes of regulatory guidance. We've compiled those answers. Today I&
May 26, 2026 3 stablecoin developments bankers should know about Welcome to the latest edition of The Stablecoin Banker, a periodic newsletter from the team at Omnia to help the banking community stay on top of the most relevant stories in the stablecoin industry. We highlight top stories that are
May 12, 2026 Three stablecoin developments bankers should know about The Stablecoin Banker is a periodic newsletter keeping bankers on top of the stablecoin industry. I highlight top stories that are relevant to banks, with my insights and commentary to draw out the most important conclusions. If you find this
April 28, 2026 Four stablecoin developments bankers should know about The Stablecoin Banker is a periodic newsletter keeping bankers on top of the stablecoin industry. I highlight top stories that are relevant to banks, with my insights and commentary to draw out the most important conclusions. If you find this
April 14, 2026 3 stablecoin developments bankers should know about The Stablecoin Banker is a periodic newsletter keeping bankers on top of the stablecoin industry. I highlight top stories that are relevant to banks, with my insights and commentary to draw out the most important conclusions. If you find this
March 31, 2026 Three stablecoin developments bankers should know about The Stablecoin Banker is a periodic newsletter keeping bankers on top of the stablecoin industry. I highlight top stories that are relevant to banks, with my insights and commentary to draw out the most important conclusions. If you find this
In this issue: A deep-dive into the OCC’s proposed rulebook for GENIUS Act stablecoin issuers, covering the economics of issuance, bank-run protections, and what the yield prohibition means for the industry. Plus, a practical action guide for bankers navigating this landmark regulatory moment.
In this issue: As institutions diverge on public vs. private blockchain strategies, the SEC moves stablecoins closer to cash and Stripe brings stablecoin payments to the web. On-the-ground stablecoin adoption is quietly reaching the last mile.
In this issue: Banks and crypto firms clashed at the White House as a new generation of crypto-native banks arrives on the scene. BlackRock moves $2.4 billion into DeFi while the banking lobby fights to keep crypto off Fed rails.
In this issue: Fidelity and Tether both launch regulated stablecoins, raising the question of who will distribute them at scale. Standard Chartered warns banks of a $500 billion deposit outflow risk as NYSE unveils 24/7 tokenized trading.
In this issue: Stablecoin yield products are disappearing under regulatory pressure as Visa moves billions via stablecoins and Rain raises at a $2 billion valuation. Federal regulators push to unbundle banking while Morgan Stanley and BNY expand tokenization initiatives.
In this issue: Three fintechs apply for bank charters in a single week as SoFi becomes the first national bank to issue a public stablecoin. Coinbase launches ‘Custom Stablecoins’ backed by USDC, enabling brands to become stablecoin issuers overnight.
In this issue: Five trust charters clear approval in a single week as banks race to secure stablecoin infrastructure. Lead Bank acquires stablecoin payments company Loop, while a close read of the GENIUS Act reveals tokenholders may be left waiting in bankruptcy.
In this issue: Cross River integrates stablecoins into the banking core as the FDIC outlines three paths to on-chain banking — a watershed moment for the industry. Fintechs are building the stablecoin acceptance layer around banks, while Figure unlocks the first blockchain-native public equity.
In this issue: Visa and Mastercard’s revised antitrust settlement cracks the payment card armor, creating fresh openings for stablecoin-based payments. A fintech charter race accelerates as AI agents begin using stablecoins and global regulators simultaneously legitimize the asset class.
In this issue: Western Union announces a Solana stablecoin that could transform global cash off-ramps as stablecoins dominate the conversation at Money 2020. The Fed’s proposed ‘skinny master accounts’ and Coinbase’s emerging bank-services role round out a pivotal week.
In this issue: A de novo crypto bank secures federal charters in just four months, igniting a trust charter frenzy as stablecoin firms push to vertically integrate into banking. Ripple and Coinbase are both moving aggressively after commercial banking clients.
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.