Browsing: Stablecoin

FASB’s proposed amendments to Topic 230 would clarify when certain digital assets may qualify as cash equivalents and would require new disclosures about the assets companies include in cash equivalent balances. Classification would remain an accounting policy election. An entity would not be required to present a digital asset as a cash equivalent solely because…

U.S. Bank launched USBDC, a proprietary U.S. dollar-backed stablecoin, completing a live pilot transaction on the Stellar blockchain to enable a cross-border payment between North American and European entities.

The revolution was supposed to be televised, decentralized, and entirely bank-free. Instead, the disruption of the banking sector has hit a predictable snag: the incumbents are not just surviving; they are absorbing the competition. For years, the narrative suggested that neobanks and fintechs would build parallel rails to bypass traditional finance. Instead, we are witnessing…

Currencies39037 Market Cap$ 2.76T-1.67% 24h Spot Volume$ 50.77B+14.9% DominanceBTC57.69%-0.39%ETH10.83%-0.35% ETH Gas0.12 Gwei Diameter Pay, a stablecoin payments infrastructure startup focused on expanding global access to USD, has raised a $10 million Series A co-led by CMT Digital and Lightspeed Faction. The equity round will support expanded banking, payments and stablecoin rails. FundraisingSep 4, 2026 2min…

Revolut launched EURR, a euro-backed stablecoin, on August 26, 2026. The $115 billion fintech is not merely adding an asset to its platform; it is deploying a proprietary, MiCA-compliant infrastructure layer directly into the wallets of its 80 million retail customers. Revolut is the first major fintech to issue a custom euro stablecoin, utilizing a…