Western Union Challenges SWIFT With a Stablecoin on Solana
Western Union launches USDPT, a USD stablecoin on Solana, in May 2026 to replace SWIFT for global agent settlements. The $300B stablecoin market is at stake.
Stablecoins
Stablecoins are a category of cryptocurrency designed to maintain a stable value against a reference asset, such as a fiat currency (e.g. the US dollar) or a commodity (such as gold).
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KBank Drops SWIFT for Ripple: Korea's Cross-Border Bet
KBank, South Korea's exclusive Upbit banking partner, signed with Ripple on April 27, 2026. Phase 2 targets UAE and Thailand corridors using Palisade SaaS.
EU Bans Russian Crypto and Digital Ruble from May 24
The EU's 20th sanctions package bans Russian crypto platforms, RUBx stablecoin, and the digital ruble from May 24, 2026. Here's what it means for EU residents.
Morgan Stanley MSNXX: Wall Street Targets Stablecoin Reserves
Morgan Stanley's MSNXX fund targets stablecoin reserves under the GENIUS Act with a $10M minimum entry. Wall Street is now competing for the $316B stablecoin li
Tether Freezes $344 Million in USDT Tied to Iran in Historic Sanctions Action
Tether froze $344M in USDT on April 23, 2026 — the largest single stablecoin freeze ever — targeting Iran-linked wallets under U.S. Operation Economic Fury.
UniCredit and Banca Sella Join Qivalis: Europe's First Institutional Euro Stablecoin Takes Shape
12 European banks, including UniCredit and Banca Sella, have chosen Fireblocks to build Qivalis — the first institutional, MiCA-compliant euro stablecoin. Launc
Justin Sun Sues World Liberty Financial: Frozen Tokens and Fraud Allegations
Justin Sun filed a $45M federal lawsuit against WLFI on April 21, 2026, alleging fraud and illegal token freezing — the biggest DeFi governance dispute of 2026.
Stripe's Bid to Become the AWS of Payments With Stablecoins and Blockchain
Stripe is integrating stablecoins and blockchain across its entire payments stack, aiming to become the AWS of money. Visa, Mastercard and OpenAI are already on
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