Stablecoins
Latest news, analysis, and updates on Stablecoins from A47 News.
4 stories in Crypto · Updated live
Iran Central Bank Promotes Cryptocurrency for Trade Amid US Sanctions
Iran's central bank has mandated the use of bitcoin and Tether for repatriating export proceeds to bypass international sanctions. This directive comes as the US intensifies its sanctions through Operation Economic Outcast, targeting Iran's digital asset channels. The long-term implication is a potential increase in Iran's reliance on cryptocurrencies, further isolating it from traditional financial systems and complicating international economic relations.
Visa Achieves $20 Billion Annualized Stablecoin Settlement Milestone
Visa has reported that its stablecoin settlement volume has surpassed a $20 billion annualized run rate, with over 160 active card programs. This surge is driven by the growing demand for 24/7 settlement solutions and the implementation of onchain credit facilities that reduce financing costs. The long-term implication is a significant shift towards programmable finance in the payments industry, potentially reshaping traditional banking and settlement practices.
Circle to Acquire Tazapay for $400 Million to Enhance USDC Payment Infrastructure
Circle has announced its agreement to acquire Singapore-based Tazapay for $400 million, aiming to integrate Tazapay's $25 billion annual payment volume into its USDC network. This acquisition is driven by the need to enhance cross-border payment efficiencies, particularly in Asia-Pacific and Africa, where stablecoin adoption is growing. The long-term implication is that this deal positions USDC as a critical player in global commerce, potentially reshaping payment infrastructures in emerging markets.
Block Inc. Applies for National Trust Bank Charter to Custody Bitcoin and Stablecoins
On September 8, 2026, Block Inc. submitted an application to the OCC for a federal national trust bank charter to establish Builders Bank & Trust, N.A. This move is driven by the need for a unified regulatory framework for digital asset custody, consolidating operations currently under state licenses. If approved, this charter could significantly enhance institutional adoption of Bitcoin and stablecoin custody services under federal oversight.
Latest Stories
Visa Achieves $20 Billion Annualized Stablecoin Settlement Milestone
Visa has reported that its stablecoin settlement volume has surpassed a $20 billion annualized run rate, with over 160 active card programs. This surge is driven by the growing demand for 24/7 settlement solutions and the implementation of onchain credit facilities that reduce financing costs. The long-term implication is a significant shift towards programmable finance in the payments industry, potentially reshaping traditional banking and settlement practices.
Iran Central Bank Promotes Cryptocurrency for Trade Amid US Sanctions
Iran's central bank has mandated the use of bitcoin and Tether for repatriating export proceeds to bypass international sanctions. This directive comes as the US intensifies its sanctions through Operation Economic Outcast, targeting Iran's digital asset channels. The long-term implication is a potential increase in Iran's reliance on cryptocurrencies, further isolating it from traditional financial systems and complicating international economic relations.
Circle to Acquire Tazapay for $400 Million to Enhance USDC Payment Infrastructure
Circle has announced its agreement to acquire Singapore-based Tazapay for $400 million, aiming to integrate Tazapay's $25 billion annual payment volume into its USDC network. This acquisition is driven by the need to enhance cross-border payment efficiencies, particularly in Asia-Pacific and Africa, where stablecoin adoption is growing. The long-term implication is that this deal positions USDC as a critical player in global commerce, potentially reshaping payment infrastructures in emerging markets.
Block Inc. Applies for National Trust Bank Charter to Custody Bitcoin and Stablecoins
On September 8, 2026, Block Inc. submitted an application to the OCC for a federal national trust bank charter to establish Builders Bank & Trust, N.A. This move is driven by the need for a unified regulatory framework for digital asset custody, consolidating operations currently under state licenses. If approved, this charter could significantly enhance institutional adoption of Bitcoin and stablecoin custody services under federal oversight.