Russian authorities are considering legalizing payments with fiat‑pegged stablecoins while moving to prohibit traditional cryptocurrencies for payment use. Stablecoin transactions could be governed by a dedicated legal framework to follow broader crypto legislation.
ARQ — formerly DolarApp — has closed a $70 million funding round led by Sequoia and Founders Fund to scale stablecoin-based wealth management and credit services across Latin America.
SoFi and Mastercard will support settlement in SoFiUSD across Mastercard’s global payments network, marking a move to integrate regulated U.S. dollar stablecoins into mainstream card infrastructure. The integration aims to speed settlement and expand on‑ramp/off‑ramp options for merchants and payment providers.
Bridge has partnered with Lead Bank in Visa’s stablecoin settlement pilot to let businesses and fintechs issue Visa cards funded by stablecoins, expanding coverage to more than 100 countries. The rollout aims to broaden stablecoin on-ramps and real-world payments.
JPMorgan is expanding into stablecoins while arguing these tokens should be regulated under the same framework that applies to banks. The stance underlines traditional finance’s bid to shape crypto oversight as competition intensifies.
The U.S. Attorney’s Office for the District of Massachusetts moved to seize $327,829 in USDT tied to an alleged online romance crypto scam, while Tether reports freezing roughly $4.2 billion connected to illicit activity.
Ripple executed the largest single issuance to date of its RLUSD stablecoin on March 2, 2026, expanding the token's circulating supply. The move could deepen liquidity across Ripple's payments and DeFi corridors and may influence XRP dynamics.
Revolut will test a pound-backed stablecoin in the UK’s regulated stablecoin sandbox this quarter. The firm says the key innovation is not the token itself but the consumer protection and infrastructure built around it.
Startale Group and SBI Holdings announced JPYSC, a yen-denominated stablecoin backed by a trust bank and built to meet Japan’s regulatory framework, targeting a Q2 2026 launch. This would be the first trust-backed yen stablecoin in Japan.
Ripple minted 20 million RLUSD on Ethereum today, expanding the circulating supply of its Ripple USD stablecoin. The issuance is intended to improve on-chain liquidity for payments and DeFi use cases.