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Circle, the company behind the world's second-largest stablecoin USDC, filed an application Monday with the Office of the Comptroller of the Currency to establish a federally regulated national trust bank. The proposed entity would be named First National Digital Currency Bank, N.A., and would overs

The European Commission plans to clarify that EU cryptocurrency regulations permit stablecoins issued by companies with European Union licenses to be treated as interchangeable with tokens issued by the same companies' non-EU entities. A source familiar with the matter confirmed Wednesday that this

Wall Street's biggest players are positioning themselves to capture significant market share in the stablecoin industry, a digital payment sector that executives predict will grow from its current $400 billion valuation into the trillions within years. The surge in institutional interest follows Str

The European Commission plans to issue guidance clarifying that stablecoins issued by companies with EU licenses can be treated as interchangeable with tokens issued by the same company's non-EU entities, according to a source familiar with the matter. The clarification addresses regulatory uncertai

Payment processing giant Fiserv announced Monday it will launch a blockchain-based digital asset platform centered around a U.S. dollar-pegged stablecoin called FIUSD, aiming to bring thousands of banks and millions of merchants into the cryptocurrency economy by year's end. The company's stock clos