Stablecoins
Latest news, analysis, and updates on Stablecoins from A47 News.
13 stories in Crypto · Updated live
OCC Finalizes GENIUS Act Rule for Payment Stablecoins Regulation
On October 21, 2026, the Office of the Comptroller of the Currency finalized a rule implementing the GENIUS Act, establishing a federal framework for payment stablecoins. This regulatory shift is driven by the need to create clear standards for stablecoin issuance and to enhance consumer protection and financial stability. The long-term implication is expected to facilitate institutional adoption of stablecoins while requiring compliance reviews on a case-by-case basis.
Shinhan Card and SBI Group Initiate Yen Stablecoin Payment Testing for Japan-Korea Transactions
On October 20, 2026, Shinhan Card and SBI Group signed a business agreement to launch a proof-of-concept for yen stablecoin payments aimed at enhancing cross-border transactions between Japan and South Korea. This initiative is driven by the need to address inefficiencies in traditional remittance systems and leverage blockchain technology for faster transactions. If successful, this could pave the way for broader adoption of stablecoins in cross-border trade and travel payments in East Asia.
Mural Secures $28 Million in Funding Led by Tether for Payment Infrastructure Expansion
On October 20, 2026, fintech firm Mural announced a $15 million Series A round led by Tether, bringing its total funding to $28 million. This funding is driven by the rising demand for scalable cross-border payments and agentic finance capabilities, as Mural aims to enhance its infrastructure and expand into new markets. Long-term, this positions Mural to capitalize on the growing adoption of stablecoins and AI-driven financial solutions in the global market.
Visa and Mesh Launch Partnership for Direct Crypto Spending at 175 Million Merchants
On October 19, 2026, Mesh and Visa announced a strategic partnership to enable users to spend crypto and stablecoin balances directly at over 175 million merchant locations worldwide. This initiative is driven by the need to eliminate the friction crypto holders face when converting digital assets into spendable forms. The long-term implication is a significant increase in everyday crypto utility, particularly in regions with favorable regulations like the UAE.
Latest Stories
OCC Finalizes GENIUS Act Rule for Payment Stablecoins Regulation
On October 21, 2026, the Office of the Comptroller of the Currency finalized a rule implementing the GENIUS Act, establishing a federal framework for payment stablecoins. This regulatory shift is driven by the need to create clear standards for stablecoin issuance and to enhance consumer protection and financial stability. The long-term implication is expected to facilitate institutional adoption of stablecoins while requiring compliance reviews on a case-by-case basis.
OCC Finalizes Stablecoin Regulation Under GENIUS Act Effective January 2027
The Office of the Comptroller of the Currency has issued a final rule implementing the GENIUS Act, establishing federal standards for stablecoin issuers in the U.S. This regulatory action is prompted by the need for clarity in the rapidly growing stablecoin market, particularly as institutional interest in digital assets increases. The long-term implication is that this framework may set a precedent for stablecoin regulation globally, influencing other jurisdictions, including the UAE.
Shinhan Card and SBI Group Initiate Yen Stablecoin Payment Testing for Japan-Korea Transactions
On October 20, 2026, Shinhan Card and SBI Group signed a business agreement to launch a proof-of-concept for yen stablecoin payments aimed at enhancing cross-border transactions between Japan and South Korea. This initiative is driven by the need to address inefficiencies in traditional remittance systems and leverage blockchain technology for faster transactions. If successful, this could pave the way for broader adoption of stablecoins in cross-border trade and travel payments in East Asia.
France National Assembly Approves Tax on Crypto-to-Stablecoin Swaps Effective 2027
On October 16, 2026, France's National Assembly narrowly approved an amendment to tax cryptocurrency-to-stablecoin swaps starting January 1, 2027. This legislative move aims to close a tax loophole that allows individuals to defer taxes on gains from such conversions, prompted by concerns over regulatory gaps. If enacted, this could lead to increased scrutiny and regulation of cryptocurrency transactions in France, potentially impacting user behavior and market dynamics.