Stablecoins

Bitwise Chief Investment Officer Matt Hougan said financial advisors are showing growing interest in stablecoins and tokenization.

Japan’s three largest banking groups, MUFG Bank, Mizuho Bank, and SMBC, plan to begin live commercial transactions using a jointly issued stablecoin during fiscal year 2026.

HTX has delisted the Trump family-backed stablecoin USD1 after accusing World Liberty Financial (WLFI) of freezing exchange-linked blockchain addresses.

A Paybis report released at Money20/20 Europe found that 22.5% of businesses already use stablecoins for cross-border payments or plan to adopt them within the next year.

Circle Internet Group raised $222 million for its new institutional blockchain network, Arc, valuing the project at $3 billion.

European Central Bank President Christine Lagarde warned that euro-denominated stablecoins could pose risks to Europe’s financial stability and monetary sovereignty.

Tether froze more than $514 million worth of USDT across 370 wallet addresses on the Tron and Ethereum blockchains over the past 30 days.