Stablecoin news

Stablecoins are the cash layer of crypto markets — the unit that funds trades, payroll, and onchain treasury. This desk follows issuers, reserves, redemptions, and the rails that move dollars.

Notes here cover USDC, USDT, and the rest of the fiat-linked book: attestations, banking partners, payment mandates, and what breaks when a peg is tested.

Newest first. Every stablecoin note on DefiEdge is listed below.

1. Tether Calls Thai Plaintiffs' $42.4M USDT Freeze Suit Baseless

   The stablecoin issuer states the SDNY challenge interferes with its law-enforcement cooperation on unlawful USDT use.

2. Wyoming Adopts Chainlink Proof of Reserve for Frontier Stable Token FRNT

   The state moves its official stablecoin reserves to near real-time onchain verification that exceeds the GENIUS Act monthly baseline.

3. Securitize Joins Global Dollar Network to Integrate USDG

   Carlos Domingo states the firm will route investor flows through the stablecoin, with Paxos handling facilitation.

4. Ripple SVP States RLUSD Market Cap Exceeds $2B with Over $1B on XRPL

   Jack McDonald positions the stablecoin as dollar settlement rail for tokenized assets, payments and lending on the XRP Ledger.

5. Wyoming Stable Token Commission Expands Chainlink Use for FRNT Stablecoin

   The commission completed a LayerZero-to-CCIP migration last month and is now adding onchain reserve verification.

6. OpenPayd Adds 43 State Money Transmitter Licenses via MSB Integration

   The London provider completed the acquisition after regulatory approvals and confirmed a SPAC deal with Titan Acquisition Corp. for a Nasdaq listing under ticker OP.

7. Ethena and Ava Labs Launch Self-Custodial Payments App on Avalanche

   Ethena Pay gives USDe balances a direct route to Visa spending, transfers and fiat ramps in a neobank interface settled entirely on Avalanche.

8. Twenty-one institutions commit to a joint dollar stablecoin company

   Citi, Goldman Sachs, Bank of America and 18 peers will form an issuer in the second half of 2026, with a dollar token aimed at the first half of 2027. The company’s name, reserves, and governance remain open.

9. 21 Banks Commit to Forming Joint USD Stablecoin Issuer in Second Half of 2026

   Consortium expands from October 2025 group of ten to 21 institutions across five regions, with dollar token targeted for first-half 2027 launch and euro to follow.

10. Bitmine Reports 5.901 Million ETH Treasury and $15.6 Billion in Total Assets

    The company disclosed exact holdings and staking balances as of August 30 at a single valuation point.

11. Circle States Approximately $73.6 Billion USDC in Circulation

    The figure appears alongside the stablecoin issuer's announcement of a Premier League shirt sponsorship.

12. DeFi Development Corp. Buys 19,000 SOL for Treasury

    The company added the tokens at an average price of $98.14, raising holdings to about 2.333 million SOL and equivalents.

13. Banca d'Italia: 88% of 2025 POS Card Payments Contactless

    Italy's central bank data shows rapid shift to tap-and-go and mobile payments alongside persistent cash use.