The post Japan’s Three Largest Banks Target Stablecoin Launch in FY2026 appeared first on Coinpedia Fintech News

Three major Japanese banks—MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation—plan to begin live commercial transactions using a jointly issued stablecoin during fiscal year 2026. The banks have signed a memorandum of understanding to establish a council that will oversee governance, operations, and infrastructure planning. The initiative matters because it represents a significant step …

The post Ethereum Dominates Stablecoin Growth While Tron Powers High-Volume Payments appeared first on Coinpedia Fintech News

Ethereum has added $102.4 billion in stablecoin supply over the past three years, bringing its total to roughly $158–177 billion, according to Token Terminal data. The network now hosts about half of the global stablecoin market tracked by DeFiLlama. Tron ranks second, adding $43.1 billion in stablecoin supply and reaching approximately $90 billion, largely driven …

The post MoneyGram Launches MGUSD Stablecoin on Stellar for Cross-Border Payments appeared first on Coinpedia Fintech News

MoneyGram has launched MGUSD, a U.S. dollar-backed stablecoin on the Stellar blockchain, for users in the United States. Integrated directly into the MoneyGram app, MGUSD allows customers to hold digital dollar balances and make cross-border transfers. Issued by Bridge with support from M0 and Fireblocks, the stablecoin expands MoneyGram’s long-standing partnership with Stellar. The launch …

The post Tether Sees Record $1.1 Billion Market Cap Drop appeared first on Coinpedia Fintech News

Tether’s market capitalization fell by more than $1.1 billion in a single day, marking its largest recorded decline. The drop has sparked renewed debate about the role of stablecoins in providing liquidity to cryptocurrency markets. Some market observers argue that shrinking stablecoin supply could reduce trading activity and put pressure on digital asset prices, including …

The post SoFi Launches SoFiUSD Stablecoin to 14.7 Million Users appeared first on Coinpedia Fintech News

SoFi Technologies has launched its U.S. dollar-backed stablecoin, SoFiUSD, inside the SoFi app for its 14.7 million members. Users can now buy, sell, hold, and convert the stablecoin directly through the retail banking interface. SoFi said the launch marks the first stablecoin issued by a U.S. nationally chartered bank to be integrated into a consumer …

The post Tether to Launch Georgian Lari Stablecoin With Government Support appeared first on Coinpedia Fintech News

Tether announced plans to launch GEL₮, a stablecoin tied to Georgia’s national currency, in partnership with the Georgian government. The project aims to bring faster payments, cheaper transfers, and programmable financial services to the region using blockchain infrastructure. Georgia has also introduced a regulatory framework designed to align with emerging U.S. stablecoin rules, including the …

The post Tether Freezes $515M in USDT Across Ethereum and Tron appeared first on Coinpedia Fintech News

Tether has frozen roughly $515 million worth of USDT across TRON and Ethereum over the past 30 days, according to BlockSec’s USDT Freeze Tracker. The blacklist action affected 371 wallet addresses, including 329 on Tron and 42 on Ethereum. Most frozen funds were located on Tron, totaling about $506 million, while Ethereum accounted for approximately …

The post Tether Mints $1B USDT on Tron, Boosting Crypto Market Liquidity appeared first on Coinpedia Fintech News

Tether minted $1 billion worth of Tether USDt on the Tron network, increasing total supply to nearly $189.6 billion. The mint reflects fresh liquidity entering the market, typically tied to incoming fiat deposits. While some traders view it as bullish, the real impact depends on how the funds are deployed. Recent issuance trends show Tether …

The post Tether Faces Fresh Scrutiny in U.S. Conflict of Interest Probe appeared first on Coinpedia Fintech News

Two Democratic senators, Elizabeth Warren and Ron Wyden, have launched an inquiry into Commerce Secretary Howard Lutnick over alleged financial ties between Tether and a trust linked to his children. Lawmakers are seeking loan documents to examine possible conflicts of interest and whether policy decisions could be influenced. The probe matters because it could affect …

The post Hong Kong Delays First Stablecoin Licenses as HKMA Tightens Compliance Rules appeared first on Coinpedia Fintech News

Hong Kong’s first stablecoin issuer licenses have been delayed, even as regulators continue reviewing applications from major financial institutions. The Hong Kong Monetary Authority (HKMA) had targeted March 2026 for approvals, but authorities are now extending the timeline to ensure stricter compliance, risk checks, and transparency requirements. Hong Kong Stablecoin License Delay Raises Compliance Focus …