Key Highlights: Circle is actively defending its stablecoin business model after reporting that it retained roughly 7 cents in net profit per dollar of revenue in the first half of 2026. Out of approximately $1.4 billion in revenue, Circle allocated $819 million to distribution and transaction costs, while $473 million funded operations, compliance, liquidity, product ...
Key Highlights: Samsung Wallet is preparing to integrate the USDC stablecoin, expanding consumer access to digital dollar payments. The initiative links the high-performance Solana blockchain to Samsung’s widespread global consumer base. Market analysts and traders anticipate the rollout could establish a precedent for mainstream tech-blockchain payment integrations. Samsung Wallet Prepares for USDC Stablecoin Integration The ...
Key Highlights: Polkadot has officially deployed dotUSD on its mainnet, establishing a native stablecoin for the network. The stablecoin operates without a private issuing entity, relying instead on Polkadot’s on-chain OpenGov framework. Holders of DOT maintain full authority over key protocol decisions via the network’s decentralized governance mechanism. Polkadot Debuts Native Stablecoin dotUSD on Mainnet ...
Key Highlights Ether.fi is partnering with Ethena to introduce a native stablecoin, dubbed ether.fi USD, leveraging Ethena’s Whitelabel infrastructure. The new dollar token aims to support over $300 million in existing stablecoin deposits and integrate directly with ether.fi Cash, which has surpassed $1 billion in total spend. Ether.fi follows platforms like Jupiter, MegaETH, and Sui ...
Key Highlights Binance acquired $100 million worth of Circle Class A shares at $80.84 per share in a private placement that closed September 17, per an SEC filing. The equity purchase accompanies a five-year expanded partnership where Circle will pay Binance monthly incentive fees tied to USDC holdings via Circle’s Modular Smart Contract Wallet. Binance ...
Key Highlights Kakao Pay and KakaoBank signed a memorandum of understanding with Fireblocks on September 21, 2026, to explore stablecoin infrastructure and digital asset distribution frameworks tailored to South Korean regulatory requirements. The agreement launches proof-of-concept testing but does not announce a stablecoin launch, investment amount, commercial product, deployment date, or selected blockchain technology. The ...
Key Highlights Google Cloud is recruiting an Industry Principal Architect in Hong Kong to drive real-world asset tokenization across the Asia-Pacific region, signaling a strategic push into blockchain infrastructure for institutional clients. Apple is seeking an Apple Pay Financial Product Strategy Lead in Cupertino or New York, indicating the iPhone maker is deepening its exploration ...
UniCredit is exploring new digital-asset services, including custody and brokerage, as the Italian lender evaluates building infrastructure to support the sector, Bloomberg reported Friday, citing people familiar with the matter. Technology Provider Selection Underway The bank is currently selecting a technology provider that would enable it to hold digital assets and facilitate transactions, according to ...
Binance has announced plans to delist Pax Dollar (USDP) following a periodic review that found the stablecoin no longer meets the exchange’s listing standards. The move will phase out USDP across spot trading, margin products, and ancillary services over the coming months, with key deadlines stretching into late 2026. Spot Trading Halt and Order Cancellation ...