Tag: Stablecoin

Barclays Invests In Ubyx Stablecoin Platform

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Barclays, one of the world’s biggest banks and a systemically important global financial institution, has made its first investment in a stablecoin-related company. The United Kingdom-based bank said Wednesday it had invested in Ubyx, a US stablecoin clearing platform that aims to connect regulated issuers with banks and fintech companies. Barclays did not disclose the size of the investment. “As the landscape of tokens, blockchains and wallets evolves, specialist technology will play a pivotal role in delivering connectivity and infrastructure to enable regulated financial institutions to interact seamlessly,” said Ryan…

Jupiter Launches JupUSD Stablecoin Backed by BlackRock’s BUIDL on Solana

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Jupiter, a Solana-based DeFi protocol and trading platform, has launched JupUSD, a dollar-pegged stablecoin issued natively on Solana and developed in partnership with Ethena Labs. In an X post on Monday, Jupiter said 90% of the stablecoin’s reserves will initially be held in USDtb, a licensed stablecoin collateralized by shares of BUIDL, BlackRock’s tokenized money-market fund. The remaining 10% will be held in USDC as a liquidity buffer, with a secondary pool on Meteora. Source: Jupiter Exchange In an announcement shared with Cointelegraph, Jupiter said that JupUSD is issued as an SPL token, Solana’s standard…

Jupiter launches JupUSD stablecoin backed by BlackRock’s BUIDL and USDC reserves

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Key Takeaways Jupiter has introduced the JupUSD stablecoin, backed by BlackRock’s BUIDL and USDC, to serve as universal collateral across its platforms. Jupiter will integrate JupUSD across its suite, including lending vaults, DCA tools, perps collateral, and prediction market settlement. Share this article Jupiter, a Solana-based decentralized exchange aggregator, has launched JupUSD, a reserve-backed stablecoin pegged to the US dollar designed to serve as unified collateral across its entire product ecosystem. The token is built with infrastructure from Ethena Labs and secured through institutional-grade custody via Porto by Anchorage Digital.…

Ethereum Stablecoin Transfers Hit Record $8T In Fourth Quarter

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Stablecoin transfer volume on Ethereum surpassed $8 trillion in the fourth quarter of 2025, marking a new all-time high, reported Token Terminal on Monday. The $8 trillion milestone is almost double the transfer volume figure for the second quarter, which was just over $4 trillion, according to the chart. Stablecoin issuance on Ethereum increased by around 43% in 2025 from $127 billion to $181 billion by year’s end, according to BlockWorks.   “This isn’t speculation. This is global payments happening on-chain,” commented “BMNR Bullz” on X. This is before SWIFT-style integrations,…

Coinbase Warns Stablecoin Rules Could Hand China an Edge

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A senior executive at Coinbase warned that changes to the US stablecoin framework could weaken Washington’s position in the global race for digital payments, just as China moves to make its central bank digital currency (CBDC) more competitive. In a post on X, Faryar Shirzad, Coinbase’s chief policy officer, said the debate over whether US-issued stablecoins can offer “rewards” under the GENIUS Act could hurt US dollar stablecoins’ global competitiveness. He pointed to a recent announcement from China’s central bank as evidence that rival financial systems are moving quickly to…

20 Crypto Execs Share 6 Stablecoin Predictions for 2026

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Stablecoins have shifted from speculative assets to essential infrastructure in emerging markets, and adoption in developed regions has surged. Yet the market remains divided. Some expect stablecoins to dominate through decentralized protocols, while others foresee tokenized deposits as the main growth driver. ​This raises critical questions about the future of money. Will stablecoins revolutionize payments globally, or will traditional banking adapt in ways that blur the lines? And critically, will stablecoins destabilize markets? We asked 20 crypto executives about their stablecoin predictions for 2026. Covering market adoption, regulatory dynamics, technological…

JPMorgan Freezes Stablecoin Startup Accounts Over Sanctions

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JPMorgan Chase has reportedly frozen bank accounts linked to two venture-backed stablecoin startups after identifying exposure to sanctioned and high-risk jurisdictions. The accounts belonged to BlindPay and Kontigo, two stablecoin startups backed by Y Combinator that primarily operate across Latin America, according to a report by The Information. Both companies accessed JPMorgan’s banking services through Checkbook, a digital payments firm that partners with large financial institutions. Per the report, the freezes occurred after JPMorgan flagged business activity tied to Venezuela and other locations subject to US sanctions. A spokesperson for…

USX Stablecoin Stabilizes After Brief Depeg Triggered by DEX Sell Pressure

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USX, a Solana-native US dollar-pegged stablecoin, briefly traded below its peg on decentralized exchanges early Friday after heavy sell pressure overwhelmed available liquidity on Orca and Raydium, prompting issuer Solstice Finance to step in with liquidity support. In an X post on Friday, PeckShieldAlert showed USX briefly trading as low as $0.10 in secondary markets before rebounding, a move attributed to isolated trades executed during a period of extremely thin liquidity. Source: PekShieldAlert Aggregated DEX data shows a less extreme move. A 15-minute USX/USD chart from GeckoTerminal’s Orca pool shows USX dipping to…

What the $310B Stablecoin Market Reveals About Crypto Adoption

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The hockey stick growth of stablecoin adoption The stablecoin market reached a pivotal milestone on Dec. 12, 2025, hitting $310 billion in total value. That represents a 70% increase in just one year. This growth is not just another cryptocurrency bubble metric; it signals a fundamental shift in how digital assets are beginning to be used globally. To understand why the $310-billion stablecoin market matters, it is first necessary to understand what stablecoins are. Unlike Bitcoin (BTC) or Ether (ETH), which fluctuate based on market sentiment, stablecoins are designed to…

Kyrgyzstan State-Backed Stablecoin to be Listed on Binance

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Kyrgyzstan President Sadyr Japarov said a recently launched stablecoin pegged to the country’s fiat currency has been listed on cryptocurrency exchange Binance. In a Wednesday X post, Japarov said Kyrgyzstan’s KGST stablecoin, pegged to the som, would contribute to the development of cross-border payments and deepen the country’s ties to the crypto ecosystem. Binance CEO Changpeng “CZ” Zhao wrote on social media that “many more” nation-backed stablecoins would be coming to the exchange. Source: Sadyr Zhaparov Zhao began advising the central Asian nation in April as part of an agreement…