stablecoin
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financeCoinbase Joins Rival Stablecoin Consortium, Pressuring Circle Partnership
Coinbase backs the Open USD consortium, joining Stripe, Visa, and BlackRock, while its lucrative revenue-sharing deal with Circle faces renegotiation.
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techUpbit and Samsung Deny Active Roles in Open USD Stablecoin Project
South Korean firms named in the Open USD initiative, including Upbit and Samsung, are clarifying they only expressed preliminary interest, not formal participation.
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techCrédit Agricole Enters Tokenization Race with Euro-Backed Stablecoin
Europe's third-largest bank launches the EURXT stablecoin on Ethereum under MiCA regulation, targeting institutional tokenized finance.
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financeUK Slashes Stablecoin Reserve Requirement by 50%
The UK's FCA has cut its stablecoin capital requirement to 1%, halving costs for issuers and directly competing with stricter EU rules.
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techChainalysis Pitches Benchmark Standards for Bank Crypto Tracing to FDIC
Blockchain analytics leader Chainalysis proposes minimum quality benchmarks for crypto tracing tools to the FDIC, signaling a maturing compliance landscape for US banks.
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financeUK Slashes Stablecoin Capital Rules, Creating Regulatory Gap with EU
The UK's Financial Conduct Authority cuts stablecoin issuer capital requirements to 1%, undercutting the EU's MiCA framework to position Britain as a global crypto hub.
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financeBNY Adds USDC Minting & Redemption to Institutional Custody Platform
BNY Mellon expands its digital asset custody platform to allow institutional clients to mint, redeem, store and transfer Circle's USDC stablecoin.
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techCoinbase Launches Platform for AI Agents to Execute Trades
Coinbase's new platform allows AI agents to connect to user accounts for trading and portfolio management using stablecoins.