BlackRock, the world's largest asset manager, has introduced two new tokenized money market products, BSTBL and BRSRV, designed to serve as reserve assets for stablecoins. This move expands BlackRock's presence in the blockchain infrastructure and tokenized Treasury market.
The CLARITY Act faces an uncertain path in the Senate during its final week before the August recess, with ongoing disputes over government ethics and stablecoin rewards. Prediction markets indicate low odds of the bill becoming law this year, potentially pushing the legislative fight into September.
South Korea experienced 560.3 billion won ($367 million) in stablecoin outflows to overseas exchanges in June, marking the 18th consecutive month of net outflows. This trend is driven by demand for products unavailable domestically, prompting calls for reassessing investor protection and tightening cross-border crypto regulations.
Coinbase a capté 10,3 % des volumes mondiaux de trading crypto au deuxième trimestre 2026, un record pour la plateforme. Cette croissance est attribuée au rachat de Deribit, au lancement de contrats perpétuels aux États-Unis et à la diversification vers les stablecoins et les marchés prédictifs, renforçant son rôle d'infrastructure pour la finance tokenisée.
Stablecoin Development Corporation (SDEV) reported $2.2 million in Q2 staking revenue, matching its cash operating expenses. However, the company recorded a $50.6 million unrealized loss on digital assets, leading to a significant net loss, with its balance sheet dominated by Sky Protocol's SKY tokens.
Coinbase CEO Brian Armstrong expects a consolidation of corporate blockchains, predicting that network effects will force weaker platforms to combine or retreat despite initial growth. He compares this to the stablecoin market, with Coinbase exploring a Base token to enhance neutrality.
Tether reported a $1.5 billion net operating profit for Q2, a nearly 50% increase from Q1 2026, driven by increased USDT circulation and investments. The company expanded its reserve surplus to over $4 billion and added 14 metric tons of gold, boosting its market share to over 60% in a shrinking stablecoin market.
Coinbase reported $1.22 billion in Q2 revenue, missing estimates, and a $359 million net loss, causing shares to fall 5% in after-hours trading. The decline was attributed to reduced crypto spot trading volume and lower crypto asset prices, despite some market share gains.
Stablecoin issuer Tether reported a $1.5 billion net operating profit in Q2, primarily from US Treasury holdings. The company maintained over 60% of the global stablecoin market, with its USDt supply increasing despite broader market contraction.
Kulipa, une société parisienne ayant levé 6,2 M$, a suspendu ses services de cartes de paiement en stablecoins en raison de problèmes de solvabilité. Ses clients Solflare et Ready ont arrêté leurs cartes, mais assurent que les fonds des utilisateurs restent sécurisés dans leurs wallets non dépositaires.
A Bank of Italy study on 200 USDC remittances across 10 corridors found stablecoins did not offer a systematic cost or speed advantage over traditional payments, primarily due to fiat on/off-ramp frictions. While often cheaper than the global average, they were less competitive than services like Wise in most comparable corridors, highlighting the importance of payment infrastructure and regulatory design.
The FCA's Stablecoin Sprint concludes stablecoins are best suited for cross-border payments, especially in emerging markets, but face slower adoption in UK retail due to existing efficient payment systems.
South Korea's FSC plans to introduce a consolidated Digital Asset Basic Act covering stablecoins and cryptocurrency, amid 10 pending bills. Separately, an opposition bill to repeal the upcoming 20% crypto income tax heads for review.
PayPal reports Q2 earnings of $1.26 per share, below estimates, with revenue up to $8.68 billion. Strategy focuses on stablecoins, AI-driven payments, and expanded payment network capabilities.
Samsung's announcement to support stablecoins in its Wallet app sparks competition among issuers and networks for integration, with the company's control over the interface giving it leverage in determining the distribution impact.
Samsung announced at Galaxy Unpacked in London that Samsung Wallet will add native support for stablecoins, expanding its digital value offerings. The company did not specify a launch date, issuer, or blockchain, but a mockup showed Circle's USDC.
Ripple launched Ripple Mint, a platform for institutions to access, mint, redeem, and manage its US dollar-pegged stablecoin, Ripple USD (RLUSD). RLUSD, launched in December 2024, has become a top 10 USD stablecoin by market capitalization, briefly rising to $1.64 billion around the Mint launch.
South Korean crypto exchange Korbit will rebrand as Digital X after its acquisition by Mirae Asset Group. Mirae founder Park Hyeon-joo announced the name, central to the group's "3.0" strategy to combine digital and traditional finance, with plans for RWA tokenization, security tokens, and stablecoins.
The Bank of the Philippine Islands (BPI) plans to pilot a stablecoin-based settlement system for cross-border payments to freelancers and overseas workers, developed with Meridian. This initiative aims to reduce costs and processing times for inbound funds, converting stablecoins to pesos before crediting BPI accounts.
Samsung Electronics announced plans to integrate stablecoins into Samsung Wallet, expanding its functionality beyond traditional payments to include digital assets. This move, revealed at the Galaxy Unpacked showcase, aims to make Samsung a leading mobile brand for digital value transfers, building on its 2025 partnership with Coinbase for crypto purchases in the US.
Goldman Sachs CEO David Solomon supports the US Senate's Digital Asset Market Clarity (CLARITY) Act, acknowledging it's "not perfect" but necessary for market stability. His stance contrasts with other financial leaders like Jamie Dimon and many Democrats, who raise concerns about investor protection and ethics provisions related to presidential crypto investments.
Goldman Sachs CEO David Solomon supports the Clarity Act, a crypto market-structure bill, despite opposition from much of the banking sector, particularly regarding stablecoin yield provisions. The bill aims to legalize most crypto activity in the US and classify many assets as non-securities, potentially drawing more institutional players.
Une étude de la Banque des règlements internationaux (BRI) révèle que les stablecoins, contrairement aux dépôts bancaires, contournent largement les contrôles de capitaux et les restrictions de change dans plus de 130 économies, accélérant la dollarisation et posant des défis à la souveraineté monétaire locale.
Kakao Group, including Kakao Pay and Kakao Bank, signed an MOU with Circle Internet Group to explore won-backed stablecoin payments and cross-border remittances in South Korea, anticipating upcoming crypto regulations.
