#Stablecoins

333 articles tagged #Stablecoins — curated RWA tokenization coverage.

#Tokenization #MiCA #RWA #Regulation #BlackRock #USDC #Ethereum #Tether #DeFi #GENIUSAct

AllUnity Launches MiCA-Regulated USDAU Stablecoin

AllUnity officially launched its USDAU stablecoin on September 30, marking the company's first U.S. dollar-pegged asset issued under the European Union's Markets in Crypto-Assets (MiCA) regulatory framework. The token is backed by segregated dollar reserves and is currently available across six blockchain networks, including Ethereum, Solana, Base, Tempo, Arc, and Polygon. This expansion follows the company's previous releases of EURAU, CHFAU, and SEKAU, which are pegged to the euro, Swiss franc, and Swedish krona, respectively. By integrating dollar liquidity into a strictly regulated European environment, AllUnity aims to facilitate more efficient cross-border payments and on-chain settlement for global enterprises. The launch signifies a strategic shift for the firm as it moves beyond European currencies to capture broader international trade demand. Future growth for the asset will depend on continued network integrations and the adoption rate among institutional users seeking compliant fiat-backed stablecoins. This development highlights the growing trend of aligning stablecoin issuance with regional regulatory standards to foster institutional trust and long-term market stability.

#Stablecoins #CrossBorderPayments #MiCA

crypto-economy.comAdded: Sep 30, 20267.5

Infrastructure

European Commission reviews MiCA regulations to balance market access and compliance costs

The European Union's Markets in Crypto-Assets Regulation (MiCA) is undergoing a critical review as the European Commission collects feedback on its implementation. While the framework successfully established a passporting regime for 450 million consumers, it faces significant operational hurdles. As of September 1, 2026, there are 39 authorized e-money tokens, yet the number of authorized asset-referenced tokens remains at zero. Compliance costs for crypto-asset service providers are reaching millions of euros annually, creating a substantial barrier for market participants. The European Banking Authority has recommended further tightening regulations around multi-issuer stablecoins to address supervisory challenges. Public consultation concluded on September 30, 2026, with findings expected to inform legislative amendments by June 2027. This stress test is pivotal for the RWA market, as the current lack of asset-referenced token approvals suggests the framework may require adjustments to facilitate broader institutional adoption.

#Stablecoins #MiCA #Regulation

cryptobriefing.comAdded: Sep 30, 20268.0

Stablecoins

What is USDAU? AllUnity launches MiCA compliant dollar stablecoin

Frankfurt-based AllUnity has launched USDAU, a US dollar-backed stablecoin, marking a significant expansion of its regulated multi-currency digital money network. Issued under the European Union’s Markets in Crypto Assets (MiCA) regulation, the token is fully backed by dollar reserves and redeemable 1:1. The stablecoin is live on six blockchain networks, including Ethereum, Solana, and Polygon, with plans to add more later this year. Alongside the launch, AllUnity introduced an Instant FX feature within its Business Mint Account, enabling institutional clients to convert between its euro, Swiss franc, Swedish krona, and dollar tokens. This development is critical for the RWA market as it demonstrates the integration of traditional foreign exchange mechanics with 24/7 stablecoin settlement rails. By leveraging a BaFin-licensed electronic money institution, AllUnity aims to simplify cross-border payments and treasury operations for businesses. The initiative is supported by institutional partners including Banking Circle, Flowdesk, Archax, and BitGo, highlighting the growing institutional demand for compliant, multi-currency stablecoin infrastructure.

#Stablecoins #InstitutionalFinance #MiCA

crypto.newsAdded: Sep 30, 20267.5

Infrastructure

Digital Assets Summit 2026 to spotlight tokenised finance

The Digital Assets Association Singapore has announced the second edition of the Digital Assets Summit 2026, scheduled to take place at the SGX Centre. This event aims to address the transition of tokenized finance from experimental pilot projects to scalable, mainstream financial applications. Industry data highlights significant momentum, noting that Asia currently accounts for 60% of global stablecoin payment volume. Furthermore, the market for digital real-world assets on public blockchains experienced 300% growth in 2025, reaching a valuation of approximately USD $30 billion. The summit will convene over 500 attendees and 40 speakers to discuss critical infrastructure needs, including liquidity management, cross-border regulatory alignment, and operational resilience. By focusing on governance and institutional integration, the event reflects a broader shift in the financial sector toward practical, large-scale implementation of tokenized bonds, funds, and deposits. This gathering underscores Singapore's strategic role as a hub for connecting blockchain-based finance with established institutional frameworks.

#Stablecoins #Tokenization #InstitutionalFinance

cfotech.asiaAdded: Sep 30, 20267.5

U.S. Treasuries

Pantera Capital: 81% of tokenized Treasury value is held, not traded

Pantera Capital’s Q1 2026 State of Tokenization report reveals that the total tokenized asset market has reached $321 billion, marking a 60% increase from 2024. Despite this growth, the report highlights that 77.6% of these assets are merely digital wrappers rather than native on-chain tokens. Tokenized U.S. Treasuries have surpassed $12 billion in value, yet 81% of these holdings remain stagnant rather than actively traded in secondary markets. Pantera introduced the Tokenization Progress Index (TPI) to evaluate on-chain functionality, finding an average score of only 2.04 out of 5 across the industry. Stablecoins continue to dominate the sector, representing 91.6% of the total market value with $293 billion. While 168 new tokenized assets launched in 2025, most prioritize speed to market over deep blockchain integration, relying heavily on traditional custodians. This data underscores a significant gap between the rapid expansion of tokenized products and the actual realization of decentralized, autonomous financial infrastructure.

#Stablecoins #Tokenization #DeFi

cryptobriefing.comAdded: Sep 29, 20268.0

Infrastructure

Morgan Stanley Sets Up Digital Asset Lab to Test Stablecoins, Tokenization and DeFi

Morgan Stanley has launched a dedicated Digital Asset Lab to evaluate the integration of blockchain technology, stablecoins, and tokenized assets within its financial ecosystem. This facility operates in a ring-fenced environment, allowing the bank to experiment with tokenized deposits, central bank digital currencies, and tokenized money-market funds without impacting core banking infrastructure. A primary focus of the lab is the analysis of DeFi vault technology, which automates asset deployment across decentralized markets using preset strategies. By testing these mechanisms, the bank aims to understand how automated blockchain operations can eventually be incorporated into traditional financial markets. This initiative follows the bank's broader expansion into digital assets, including the recent introduction of cryptocurrency trading services via E*Trade. The establishment of this lab signifies a strategic move by a major global financial institution to bridge the gap between legacy systems and emerging decentralized finance protocols. This development is significant for the RWA market as it demonstrates institutional commitment to rigorous testing and regulatory compliance for tokenized financial products.

#Stablecoins #Tokenization #DigitalAssets

en.bloomingbit.ioAdded: Sep 29, 20267.5

News

State Street and Galaxy launch tokenized SWEEP liquidity fund bridging TradFi and crypto

State Street Investment Management and Galaxy Asset Management have launched the State Street Galaxy Onchain Liquidity Sweep Fund, known as SWEEP, to provide institutional investors with 24/7 access to short-duration US Treasury exposure. The fund distinguishes itself by allowing direct subscriptions and redemptions using stablecoins, specifically PYUSD, with plans to integrate USDC support. By enabling stablecoin-native entry, the product removes the traditional friction of fiat on-ramps that typically hinders crypto-native institutions. The fund is restricted to Qualified Purchasers, requiring a minimum investment of $5 million for entities and $1 million for individuals, with a target expense ratio of 0.50%. Infrastructure for the tokenized vehicle is provided by Galaxy, while Anchorage Digital and State Street Bank handle custody services. The fund is launching on Solana, with future expansion planned for the Stellar and Ethereum blockchains to reach diverse institutional constituencies. This launch represents a significant step in bridging traditional finance with on-chain liquidity management by operating strictly within existing securities frameworks.

#Solana #Stablecoins #USTreasuries

cryptobriefing.comAdded: Sep 29, 20269.0

Infrastructure

Citi Launches Citi Token Services in Japan, Offering 24/7 Cross-Border Dollar Transfers

Citigroup has officially expanded its Citi Token Services to corporate clients in Japan and the United Arab Emirates, enabling near-real-time cross-border payments using tokenized deposits. This service allows institutional users to transfer US dollars 24/7, 365 days a year, bypassing traditional banking hours and holiday constraints. By utilizing a permissioned blockchain managed internally by Citi, the bank eliminates the need for clients to manage separate crypto wallets or open new accounts. The expansion brings the total number of markets supported by the service to seven, including the US, Ireland, Hong Kong, Singapore, and the UK. This development is significant for the RWA market as it demonstrates the practical application of tokenized deposits to streamline global liquidity management and reduce the need for pre-positioned capital. Furthermore, Citi announced an expanded partnership with Coinbase to facilitate the settlement of stablecoin payments into fiat currency for US corporate clients. These initiatives collectively signal a major shift toward blockchain-based infrastructure for traditional institutional treasury operations.

#Stablecoins #TokenizedDeposits #InstitutionalFinance

en.bloomingbit.ioAdded: Sep 29, 20268.5

Infrastructure

Report: Tokenization could reshape how companies manage treasury and cash

A new whitepaper from Standard Chartered and Zanders highlights a strategic shift in corporate treasury management, moving from experimental pilots to core integration of tokenized assets. By utilizing tokenized deposits, regulated stablecoins, and tokenized securities, corporations aim to replace legacy banking settlement cycles with near real-time liquidity management. The report notes that the tokenized money market fund sector has already reached $13 billion in assets, with BlackRock’s BUIDL and Franklin Templeton’s OnChain US Government Money Fund serving as primary drivers. While McKinsey and BCG project massive long-term growth for the tokenized asset market, the authors emphasize that mainstream adoption will be an evolutionary process rather than an immediate disruption. Significant hurdles remain, including fragmented global regulations, interoperability issues between banking networks, and operational risks related to custody and smart contracts. Commercial banks are expected to remain essential intermediaries, providing the necessary compliance and integration layers for corporate treasury systems. Ultimately, the report suggests that treasury departments must begin modernizing their governance and operating models now to orchestrate liquidity across both traditional and digital financial infrastructures.

#Stablecoins #BUIDL #TokenizedDeposits

consultancy.euAdded: Sep 28, 20268.0

U.S. Treasuries

Tokenized funds rise to $11.39 for every $100 in stablecoins, nearly quadrupling in two years

The ratio of tokenized fund value relative to stablecoins has surged from $2.99 to $11.39 per $100 over the past two years, reflecting a significant shift in on-chain capital allocation. While the $300 billion stablecoin market remains dominated by USDT and USDC, investors are increasingly seeking yield through tokenized Treasury and money market products. Major issuers like Circle, BlackRock, and Ondo have captured billions in assets, with total tokenized fund value estimated between $15 billion and $33 billion. This growth is driven by the desire to earn returns on idle capital, a feature traditional stablecoins lack. Regulatory developments, specifically the anticipated GENIUS Act, may further accelerate this trend by restricting yield on payment stablecoins while favoring tokenized funds as reserves. Despite this momentum, liquidity remains constrained by KYC requirements and redemption windows, limiting the immediate interoperability of these assets. Institutional interest from firms like JPMorgan and BlackRock underscores a long-term strategy to standardize on-chain settlement for traditional financial products.

#Stablecoins #Ondo #BUIDL

cryptobriefing.comAdded: Sep 28, 20268.0

Infrastructure

MiCA’s Proposed Fine Method Reaches Its First Deadline

The European Banking Authority (EBA) is finalizing its methodology for calculating administrative fines for significant stablecoin issuers under the Markets in Crypto-Assets (MiCA) regulation. The public consultation period for this draft framework concludes on September 28, marking a critical step in establishing how the EBA will quantify penalties for regulatory breaches. The proposed two-step process involves establishing a baseline fine based on the issuer's annual turnover and severity of the infringement, followed by adjustments for factors like intent, duration, and remedial actions. While MiCA already defines maximum penalty ceilings—12.5% of annual turnover for asset-referenced tokens and 10% for e-money tokens—the new methodology aims to provide transparency regarding how specific penalty amounts are derived. This development is significant for the RWA market as it clarifies the enforcement landscape for issuers of significant stablecoins and asset-referenced tokens operating within the EU. By formalizing the EBA's discretion, the framework allows market participants to better assess potential risks associated with regulatory non-compliance. Ultimately, this move signals a transition toward more predictable and structured oversight for tokenized assets that fall under direct EBA supervision.

#Stablecoins #Compliance #MiCA

coindoo.comAdded: Sep 27, 20267.5

Infrastructure

U.S. Agencies Take Separate Crypto Steps After CLARITY Act Vote Fails

Following the U.S. Senate's rejection of the CLARITY Act (H.R. 3633) on September 15, federal regulators have independently issued targeted guidance to address gaps in crypto market structure. The SEC introduced an Innovation Exemption on September 17, providing temporary relief for venues facilitating permissioned trading of tokenized NMS stocks. This exemption allows liquidity providers to operate without traditional exchange registration, provided they maintain shareholder rights and adhere to strict transparency requirements regarding transaction data. Simultaneously, the CFTC issued a no-action position for passive software providers offering access to regulated derivatives markets. The Federal Reserve followed on September 24 with proposals for payment stablecoin issuers, mandating one-to-one reserves in high-quality liquid assets like short-term Treasuries. These actions represent a shift toward regulatory pragmatism, allowing specific onchain activities to proceed under existing authorities while comprehensive legislative reform remains stalled. This fragmented approach provides immediate clarity for tokenized securities and stablecoin issuers, signaling a pathway for institutional participation in RWA markets despite the lack of a unified federal statute.

#Stablecoins #SEC #TokenizedStocks

tokenpost.comAdded: Sep 26, 20269.0

Stablecoins

Tokenised Deposits vs Stablecoins: Why Thailand's Cautious Path Differs from Hong Kong and Singapore - thailand-business

Asia-Pacific financial institutions are pursuing divergent paths in developing programmable digital money, with Hong Kong and Singapore rapidly advancing tokenized deposits while Thailand adopts a more cautious, sequenced approach towards a baht-pegged stablecoin. Hong Kong's Monetary Authority initiated a tokenized deposit pilot in November 2025, moving to real-value settlement with seven banks, including HSBC and Standard Chartered, and participants like BlackRock and Franklin Templeton, focusing on money market fund transactions through 2026. Standard Chartered and HSBC have already commercialized tokenized deposit solutions with Ant International's Whale platform, facilitating multi-currency treasury flows (HKD, CNH, USD, SGD) and extending services to the US and UAE by H1 2026. This preference for tokenized deposits over stablecoins is driven by regulatory clarity, as frameworks like EU MiCAR and the US GENIUS Act treat tokenized deposits as regulated bank liabilities, sidestepping licensing burdens and offering deposit insurance absent in stablecoins. Meanwhile, Thailand's Bank of Thailand is finalizing a design study for a fully-reserved, baht-backed stablecoin, targeting public hearings by late 2026 and formal regulations by early 2027, initially for wholesale interbank settlement. This strategic divergence highlights a competitive landscape where regulatory philosophy dictates institutional capital and infrastructure investment, with banks increasingly embracing tokenized services to counter potential erosion of transaction fees by corporate stablecoins. IBM's 2026 banking survey found 42% of executives expect major corporations to issue their own stablecoins, prompting 63% of corporate banking executives to see providing tokenized services as their primary role. The contrasting approaches will determine regional leadership in digital asset innovation.

#Stablecoins #InstitutionalAdoption #TokenizedDeposits

thailand-business-news.comAdded: Sep 25, 20268.0

Stablecoins

U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins

The U.S. Federal Reserve has introduced two proposed rules to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, marking a significant step toward formalizing stablecoin oversight. These proposals establish strict capital and reserve requirements to ensure stablecoins remain redeemable at par during periods of market stress. Furthermore, the rules outline specific procedures for Fed-regulated banks to issue their own stablecoins, requiring detailed business plans and financial documentation. A critical component of the proposal aligns with the Office of the Comptroller of the Currency by prohibiting issuers from paying interest or yield on stablecoin holdings, with only narrow exceptions for incentive programs. While the agencies are currently past the original July 2026 legal deadline, these proposals initiate a 60-day public comment period to refine the regulatory framework. This development is vital for the RWA market as it provides the legal clarity necessary for stablecoins to function as reliable, regulated settlement assets within the traditional banking system. By standardizing reserve requirements and issuer conduct, the Fed aims to integrate stablecoins into the broader financial infrastructure while mitigating systemic risks.

#Stablecoins #Regulation #Banking

CoinDeskAdded: Sep 24, 20268.5

Infrastructure

Cash That Moves, Cash That Earns: Onchain for Treasurers

Corporate adoption of on-chain treasury management is shifting from theoretical interest to practical implementation, as evidenced by ArcelorMittal’s focus on international intercompany transfers. While the underlying technology, including MPC-based custody and stablecoin settlement, is deemed mature, organizational hurdles remain the primary bottleneck for large-scale integration. Companies are increasingly utilizing a 'stablecoin sandwich' model, where fiat is converted to stablecoins for rapid cross-border transfer and immediately converted back to fiat upon arrival. This approach allows firms to bypass traditional correspondent banking delays while avoiding the regulatory and accounting complexities of holding stablecoins as cash equivalents. Security concerns are being addressed through sophisticated policy engines and multi-party computation, moving the focus from key theft to governance and transaction authorization. Experts suggest that banks will act as the primary catalysts for broader adoption by bundling custody, liquidity, and privacy services into unified offerings. Ultimately, the transition is moving from a question of technical feasibility to one of internal change management, compliance alignment, and regulatory clarity regarding accounting treatments.

#Stablecoins #InstitutionalAdoption #TreasuryManagement

thebigwhale.ioAdded: Sep 24, 20267.5

Infrastructure

Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push

The Solana Foundation has appointed former Binance executive Rachel Conlan as Chief Strategy Officer and former Polygon Labs veteran Jamal Raees as General Manager for Payments to accelerate its institutional finance and RWA strategy. These strategic hires signal Solana's intent to transition from a retail-focused network to a robust infrastructure layer for tokenized assets and global payments. The foundation is actively courting traditional financial institutions to migrate securities, equities, and stablecoin settlement onto its public blockchain. This push aligns with the "Token Supercycle" vision articulated by President Lily Liu, which anticipates a long-term migration of financial ownership to always-on blockchain rails. Currently, the Solana network has processed over $5 trillion in stablecoin volume year-to-date, demonstrating significant throughput for financial activity. Furthermore, the ecosystem now hosts $4.5 billion in tokenized assets, including over $600 million in tokenized stocks. By leveraging the expertise of Conlan and Raees, the foundation aims to convert institutional interest into tangible implementation for real-world asset use cases. This development underscores the intensifying competition among Layer 1 blockchains to capture the growing market for institutional-grade tokenized finance.

#Solana #Stablecoins #RWA

CoinDeskAdded: Sep 24, 20267.5

Infrastructure

HIFI raises $37 million Series A to expand tokenized capital markets infrastructure

HIFI, a New York-based firm specializing in stablecoin payments and tokenized capital-markets infrastructure, has successfully raised $37 million in a Series A funding round led by Left Lane Capital. The company provides API-driven infrastructure that integrates money movement, regulatory compliance, and settlement across both traditional bank rails and digital asset networks. Currently processing over $7 billion in annualized volume across 87 countries, HIFI intends to use the new capital to expand its product suite and further develop its tokenized market solutions. This funding follows HIFI's strategic participation in the DTCC’s July production trades, which involved tokenized securities alongside major financial institutions like BlackRock, Goldman Sachs, and Nasdaq. Additionally, the company recently partnered with Visa to facilitate stablecoin-funded payouts to over 4 billion cards globally. These developments underscore the growing institutional focus on bridging legacy financial systems with blockchain-based settlement layers. As stablecoin supply exceeds $295 billion, HIFI’s infrastructure plays a critical role in enabling the mainstream adoption of tokenized assets and programmable money.

#Stablecoins #DTCC #Visa

The BlockAdded: Sep 24, 20268.0

Infrastructure

Hong Kong to Pilot Tokenized Exchange Fund Bills and Regulated Stablecoin Trading

Hong Kong plans to pilot the tokenization of Exchange Fund Bills by the end of 2026, marking a significant expansion of the city's digital asset infrastructure. Secretary for Financial Services and the Treasury Christopher Hui announced that the government will also permit regulated stablecoins to trade on licensed platforms. These initiatives are designed to maintain Hong Kong's competitive edge as a global financial hub, building upon its status as a leader in digital bond issuance. The Hong Kong Monetary Authority will utilize the CMU Omniclear platform to provide comprehensive services for digital bond issuance and settlement. By integrating its own debt instruments on-chain, the government aims to bridge traditional finance with modern digital asset frameworks. This policy shift extends the city's existing regulatory regime from simple spot trading and custody into the broader capital markets. These developments represent a strategic effort to solidify Hong Kong's position as a premier digital asset hub in Asia through institutional-grade adoption.

#Stablecoins #Tokenization #HKMA

cryptorank.ioAdded: Sep 24, 20269.0

#Stablecoins

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