Ready Card users outside the European Economic Area have been pushed into an abrupt service halt after a card issuer transition disrupted the USDC spending product, according to user notices shared on X. TL;DR Ready Card’s non-EEA service halt shows how stablecoin products still depend on traditional payment rails. The card is marketed as a…
View More Ready USDC Card Halts Non-EEA Service Following Card Issuer TransitionTag: Stablecoins
Sui Stablecoin Transfers Hit $65 Billion After Gasless Fee Push
TL;DR Sui reportedly handled around $65 billion in stablecoin transfers in a five-day stretch after its gasless stablecoin update. The update reduces friction by allowing supported stablecoin transfers without requiring users to hold SUI for gas. The headline number is large, but zero-fee systems can attract bots, arbitrage loops, and repeated high-velocity transfers. The market…
View More Sui Stablecoin Transfers Hit $65 Billion After Gasless Fee PushSolana Policy Institute Urges Senate To Protect Developers In CLARITY Act Debate
The Solana Policy Institute is urging Senate leaders to preserve protections for open-source developers and validators as lawmakers debate the CLARITY Act, adding another crypto industry voice to one of the most important U.S. policy fights of the year. TL;DR The Solana Policy Institute is pushing lawmakers to protect developer and validator activity. The issue…
View More Solana Policy Institute Urges Senate To Protect Developers In CLARITY Act DebateGAO Presses FDIC On Crypto And Stablecoin Coordination
The U.S. Government Accountability Office is pressing the FDIC to improve coordination around crypto and stablecoin risks, putting another spotlight on how fragmented digital asset oversight remains in Washington. TL;DR The GAO recommendation tracker points to ongoing concern over digital asset coordination. The issue is not a new enforcement action; GAO recommendations are advisory. The…
View More GAO Presses FDIC On Crypto And Stablecoin CoordinationSky Governance Proposal Seeks To Double USDC PSM Buffer To $800 Million
TL;DR BA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the Sky stablecoin system from 400 million to 800 million. The proposal says USDC reserves stand at 4.13 billion, up 108% since the last recalibration in October 2024. The change would raise daily refresh capacity to 1.6 billion and total serving capacity to 2.4 billion,…
View More Sky Governance Proposal Seeks To Double USDC PSM Buffer To $800 MillionKraken Enables USDCx Deposits And Withdrawals On Canton Network
TL;DR Kraken has enabled deposits and withdrawals of USDCx on Canton Network. USDCx is backed 1:1 by USDC held in Circle’s xReserve, according to Kraken. Canton is built for regulated financial institutions and tokenized real-world asset workflows. Kraken Adds Canton Network Support For USDCx Kraken has enabled deposits and withdrawals of USDCx on the Canton…
View More Kraken Enables USDCx Deposits And Withdrawals On Canton NetworkKraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stablecoin backed 1:1 by USDC locked in Circle’s xReserve on Ethereum. Canton is a permissioned, privacy-enabled Layer-1 network built for regulated financial institutions and tokenized real-world assets. The move adds another exchange connection to institutional…
View More Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails ExpandMillionaire Businessman Reveals Where The Real Crypto Value Is, And It’s Not Bitcoin
Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain. Kevin O’Leary Praises Stablecoins Over Bitcoin In an X…
View More Millionaire Businessman Reveals Where The Real Crypto Value Is, And It’s Not BitcoinUS CLARITY Act Moves Closer To Law After Surprise Stablecoin Yield Update
Prediction market traders on Polymarket put the odds of the CLARITY Act becoming law in 2026 at 55% — a jump of nine percentage points in a single day — after two US senators released final language settling one of the bill’s most contested disputes. Banks Got Restrictions, Crypto Got Rewards The new text, published…
View More US CLARITY Act Moves Closer To Law After Surprise Stablecoin Yield UpdateStablecoins Go Mainstream As Meta Rolls Out Creator Payouts In Philippines, Colombia
Facebook paid its creators nearly $3 billion in 2025 — a 35% jump from the year before. Now some of those Meta creators will get paid in crypto. Meta: A Second Try At Digital Payments Meta has begun rolling out USDC stablecoin payouts to select creators in the Philippines and Colombia, marking the company’s return…
View More Stablecoins Go Mainstream As Meta Rolls Out Creator Payouts In Philippines, Colombia