Nigeria's Central Bank Just Set Tough New Rules for Stablecoins
Nigeria's central bank now requires stablecoin issuers to get licensed, hold up to 15 billion naira in capital, and fully back their reserves.
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Circle Just Shrank the USDC Supply by $800M in a Single Week
Circle redeemed $11.7 billion in USDC against $10.9 billion issued in the week to October 29, trimming total supply to roughly $70 billion.
Tether's Bitcoin Pile Just Hit $8.37B as Profits Keep Rolling In
Tether's Bitcoin reserves climbed to $8.37 billion as the stablecoin issuer posted another $1.5 billion quarter in profit.
Canada Proposes New Stablecoin Rules With No Yield Allowed
Canada's draft stablecoin framework would require full reserves and fast redemptions, while banning non-bank issuers from paying yield.
Ripple's National Trust Bank Just Got the Green Light From the OCC
The OCC gave final approval to Ripple's National Trust Bank, letting it hold RLUSD reserves and custody digital assets — but not take deposits or issue loans.
Chainlink Teams Up With LG CNS to Power Korean Won Stablecoins
Chainlink is partnering with LG CNS to bring its cross-chain and data infrastructure into South Korea's growing won-backed stablecoin ecosystem.
France Just Voted to Tax Crypto-to-Stablecoin Swaps Starting in 2027
France's National Assembly narrowly passed a measure ending the tax deferral when crypto investors swap into stablecoins, a change that would take effect January 2027.
Visa Just Took Stablecoin Payouts Out of Pilot Mode
Visa Direct moved its USDC prefunding tool into full production, with payments platform Inyo Global as the first partner live on it.
JPMorgan Just Brought Its Bank Coin to Ethereum
JPMorgan expanded its digital deposit token JPM Coin to Ethereum, giving approved institutional clients a new network to move bank money onchain.