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Velocity Secures $15M Series A to Expand Stablecoin Settlement
London-based payment startup Velocity has successfully closed a $15 million Series A funding round, marking a significant milestone in its mission to modernize cross-border financial transactions. The investment round w…
Gyeonggi Province to Launch Stablecoin Proof-of-Concept in August
Gyeonggi Province, South Korea's most populous first-tier administrative district, has officially announced the commencement of a stablecoin proof-of-concept (PoC) test scheduled for August 2026. This initiative aims to…
KAST Service Terms Spark Concern Over Crypto Asset Ownership
The crypto-to-fiat payment platform KAST has come under intense scrutiny following revelations regarding its user agreement and asset handling policies. Mike Silagadze, the CEO of liquid staking protocol ether.fi, publi…
MetaMask Debuts Self-Custodial Money Accounts via Monad Network
MetaMask, a leading digital asset wallet provider, has officially introduced Money Accounts, a new self-custodial feature designed to streamline stablecoin yields and payment functionalities. Operating on the Monad bloc…
Bank of Thailand to Launch Stablecoin and Tighten Payment Rules
The Bank of Thailand (BoT) is advancing its strategic roadmap for a digital currency pegged to the national fiat, announcing plans to initiate public hearings on Thai Baht (THB) stablecoin regulations by the end of 2026…
Lion Group to Invest $10 Million in Indonesian Stablecoin NIDR
Nasdaq-listed Lion Group Holding Ltd. has announced a strategic move to enter the Southeast Asian digital asset market by investing up to $10 million in PT Nusantara Bumi Sangkara. The investment, facilitated through Me…
Daya Secures $1.4 Million Pre-Seed to Streamline African Payments
The stablecoin-native payment infrastructure provider Daya has successfully closed a $1.4 million Pre-Seed funding round. This capital injection marks a significant milestone for the firm as it seeks to address the comp…
Animoca Brands Invests in AllScale to Enhance Stablecoin Payments
The prominent venture capital firm Animoca Brands has officially announced a strategic investment in AllScale, a specialized provider of stablecoin payment infrastructure. This financial move, announced on June 25, 2026…
MIM Stablecoin De-pegs to $0.50 as Abracadabra Enacts Recovery Plan
The decentralized finance (DeFi) ecosystem is facing renewed volatility as the Magic Internet Money (MIM) stablecoin experienced a severe de-pegging event on June 25, 2026. The asset, which is issued by the Abracadabra …
Lightning Labs Launches Taproot Assets v0.8 to Boost Bitcoin Stablecoins
Lightning Labs has officially announced the release of Taproot Assets v0.8 along with a dedicated Software Development Kit (SDK), marking a significant milestone in the evolution of the Bitcoin network. This update is s…