Tether Helps Authorities Arrest 73 Suspects, Seizes $12M in Crypto

Coinbase said it is collaborating with leading U.S. banks on stablecoin projects and pilot crypto services, with CEO Brian Armstrong noting banks are "leaning into this as an opportunity." The move reflects a growing, if cautious, Wall Street interest in crypto infrastructure.

BNP Paribas is among ten European banks that formed Qivalis in the Netherlands to issue a euro-backed stablecoin, aiming to deliver a regulated digital euro payment solution.

Taiwan will roll out its first regulated stablecoin in 2026, but regulators have not yet decided whether it will be pegged to the New Taiwan dollar or the U.S. dollar. That peg choice will shape how the token interacts with the island’s currency controls and cross‑border use.

OpenEden, led by former Goldman Sachs executive Jeremy Ng, has secured backing from Ripple and prominent venture firms as its TBILL token and yield-bearing stablecoin USDO see rising institutional and on-chain adoption.

Ten European banks, including ING and UniCredit, have set up an Amsterdam company to issue a euro-pegged stablecoin intended to challenge U.S. dominance in digital payments. The initiative signals a coordinated push by incumbent banks to reclaim payment rails and accelerate euro-based digital transactions.