Stablecoin stories

Tether leads USD $150 million recovery plan as Drift Protocol seeks to restore user balances and restart trading after April exploit.

Tether invests USD $134 million in listed stablecoin platform as stablecoin use surges past USD $300 billion and eyes public market access.

Visa takes a direct stake in Tempo's blockchain operations, joining an early group of outside validators as it deepens its stablecoin and payments push.

Confirmo secures dual Irish licensing for stablecoin payments, positioning its European hub to serve businesses ahead of the EU's 2026 MiCA deadline.

Nium unveils a stablecoin card issuance platform that lets businesses spend digital dollar balances via Visa and Mastercard through one API.

Tether Gold debuts on BNB Chain as Paolo Ardoino's firm seeks wider reach for tokenised bullion amid a surge in demand for real-world assets.

Tether hires a Big Four auditor for its first full independent review of USD₮, backing more than USD $184 billion of the leading stablecoin.

Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.

Mastercard to acquire stablecoin platform BVNK in a deal worth up to USD $1.8 billion, deepening its push into on-chain payments.

PayPal widens access to its PYUSD stablecoin, rolling it out to accounts in 70 markets to speed up and cut the cost of cross-border payments.

Aon pilots stablecoin insurance premium payments with Coinbase and Paxos, testing USDC and PYUSD settlement across Ethereum and Solana.

Sentinel Global rebuilds its AI-driven venture team around GIC veteran Jeremy Kranz and expands Sentinel Labs, targeting a 2026 fundraise.

SoFi and Mastercard will use SoFiUSD stablecoin for card settlement worldwide, targeting faster payments, remittances and B2B transfers.