Tether and Fasanara Seed a $400M Private Credit Fund on USDT Rails
Tether and Fasanara Capital have put $400 million into StableFund, an evergreen private credit vehicle that aims to raise up to $3 billion more.
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Circle Agrees to Buy Singapore's Tazapay in a $400M All-Stock Deal
Circle is paying for the Singapore cross-border payments firm in Class A stock, with closing set for 2027 and Singapore's regulator still to approve it.
Won Stablecoin Could Cut Korean Merchant Fees by Up to $3.8B a Year
South Korea's National Assembly Budget Office put annual merchant fee savings from a won stablecoin at 370 billion to 5.15 trillion won.
Visa Says Stablecoin Settlement Now Runs at $20 Billion a Year
Settlement through Visa's network now runs above $20 billion a year, more than 15 times the rate of a year ago. Card issuers get a stablecoin credit line.
Mastercard Won Its New York BitLicense in May, Aimed at Stablecoins
New York's financial regulator granted Mastercard Transaction Services (U.S.) LLC a BitLicense on 27 May 2026, and a social post revived the news this week as if it were fresh. Mastercard's own statement ties the approval to stablecoins and tokenized deposits, not bitcoin.
Bank of Korea Links Dollar Stablecoin Demand to Weaker Currencies
A study of 12 currencies from 2019 to 2025 found direct exchange pairs cut local stablecoin premiums by 0.33 to 0.38 points. The won showed no FX response.
Two Thai Businessmen Sue Tether Over a $42.4M USDT Freeze
The complaint says ten Ethereum addresses were blacklisted on an informal law-enforcement request, 112 days before a seizure warrant was issued.
21 Banks and Asset Managers Plan a Dollar Stablecoin for 2027
The group will incorporate this year and issue a dollar token in the first half of 2027. Counts of the market it is entering do not agree.
Circle Puts USDC on Chelsea's Shirt in a Premier League First
Circle becomes Chelsea's principal partner and front-of-shirt sponsor from 2026/27. Neither side disclosed a fee, and the reported estimates disagree.
Ethena Moves USDe Backing Into Equity Perpetuals as Yields Shrink
Ethena is putting USDe's backing into equity perpetual trades that paid 14% to 17.5% over the summer, while bitcoin funding kept falling. A fee-switch vote runs alongside.
SBI Buys About 20% of Indonesia's Ajaib to Push Its Yen Stablecoin
SBI Holdings will pay $270 million for about 20% of Jakarta's Ajaib Group to extend its yen stablecoin into Southeast Asia. No valuation was disclosed.
Visa and Upbit Operator Dunamu Agree to Study Stablecoin Payments
Dunamu and Visa will look at stablecoin payments, remittances and AI-driven services in South Korea. No product, launch date or token has been chosen.