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SoFi brings bank-issued stablecoin to 15M users while retail exchange balances shrink

Bitro Conwell1 week ago6 min read

SoFi launches bank-issued stablecoin for 15 million users SoFi has rolled out SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, and is making…

BIS and seven central banks dominate digital cross-border payments prototype tests

Nathan Coben1 week ago6 min read

BIS Agorá prototype puts seven central banks to the test The Bank for International Settlements said its Project Agorá has moved from design into prototype building,…

Agent banking raises $30M yet stablecoin supply flat – AI narrative outpacing on‑chain fuel

Gapster Innes2 weeks ago6 min read

Agent banking raises $30M as stablecoin supply stays flat A new $30 million funding round for agent banking marks another vote of confidence in AI-driven financial…

DeFi’s $10B bank run contrasts with $1B monthly retail flows – deposit fragility overlooked

Blair Connolly2 weeks ago7 min read

DeFi bank run exposes fragile deposits after $292M exploit A $292 million exploit at KelpDAO late Saturday triggered roughly $10 billion in withdrawals across DeFi and…

Minnesota banks quietly seek custody as retail’s self-storage share falls

Leo Nomist2 weeks ago7 min read

Minnesota Banks Win Crypto Custody Powers as Self-Storage Falls Minnesota has moved to let state-chartered banks and credit unions offer cryptocurrency custody services starting Aug. 1,…

Euro stablecoin project Qivalis adds 25 banks ahead of launch

Ethan Glober2 weeks ago6 min read

Qivalis adds 25 banks to euro stablecoin project Qivalis, the Amsterdam-based euro stablecoin consortium, said on Wednesday it had added 25 new banks, lifting total membership…

Bank stablecoin pivot to repo nets 40% yield as DeFi TVL stagnates

Gapster Innes3 weeks ago7 min read

Stablecoin yield battle shifts as banks push repo-backed models Banks are moving deeper into the stablecoin yield fight as a growing number of firms and policymakers…

Fed minutes loom while Meta stablecoin deadline passes – regulatory divergence pressures $235M bank crypto allocations

Daniel Lycon3 weeks ago7 min read

Fed minutes loom as U.S. crypto policy splits widen U.S. crypto markets are heading into a busy policy stretch this week as the Federal Reserve’s latest…

France’s central banker clashes on digital euro plans yet EU crypto transaction fees rise – signals competing visions driving on-chain activity

Ethan Glober3 weeks ago7 min read

Digital euro debate sharpens as EU stablecoin push grows France’s central bank and its political allies are pressing ahead with the digital euro, even as Europe’s…

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