Ripple’s president signaled a forthcoming major partnership as analysts peg the company at a $40 billion valuation, touting the XRP Ledger as the backbone banks will use when stablecoins become mainstream rails.
Cut off from traditional dollar rails, Venezuela is increasingly using dollar-pegged stablecoins for payments, remittances and savings. The shift highlights stablecoins' practical role as cross-border payment rails while raising regulatory and compliance questions.
Coinbase and Gemini are broadening their product suites to include stocks, payments, prediction markets and stablecoins as they seek steadier, diversified revenue. The moves reflect a push to reduce reliance on trading fees and better serve mainstream users.
PwC is exploring stablecoins to streamline payments in its audit and consulting services as U.S. policy shifts and stablecoin use accelerate. The initiative aims to boost efficiency, speed cross-border settlement, and improve transaction traceability for clients.
Usage of dollar-pegged stablecoins has surged in Iran as the rial plunged to roughly 1.42 million per USD before easing to about 1.38 million, eroding household savings and pushing up essential prices.
Coinbase outlined a 2026 strategy prioritizing an "everything exchange" approach across crypto and equities, wider use of stablecoin payments, and expansion of onchain developer tools on Base. The plan signals a push to diversify revenue and deepen Web3 infrastructure.
The Reserve Bank of India warns stablecoins pose greater threats to financial stability than any potential benefits and urges countries to prioritise central bank digital currencies. The stance appears in the RBI's latest Financial Stability Report.
Coinbase’s Chief Policy Officer Faryar Shirzad warned U.S. lawmakers that proposals to cap or ban yields on U.S.-issued stablecoins could hand China a competitive advantage in crypto markets. He said restrictive rules risk pushing activity and liquidity offshore.
Coinbase CEO Brian Armstrong expects U.S. banks to change course on stablecoin regulation and lobby Congress to permit interest payments on stablecoin holdings. He sees this as an eventual shift that could reshape how traditional finance interacts with crypto liquidity.
JPMorgan has frozen accounts tied to two venture-backed stablecoin startups operating in Venezuela amid unresolved compliance concerns. The move underscores mounting regulatory pressure on crypto firms in high-risk jurisdictions and could disrupt local on‑ramps and liquidity.