Stablestats Dispatch June 16-20, 2025
Industry News
Revolut Explores Launching Its Own Stablecoin Amid Regulatory. The London-based fintech is in talks with a crypto partner as it considers issuing a proprietary stablecoin to streamline cross-border payments and earn yield on reserves. This is in Revolut’s compliance-first crypto strategy amid shifting global regulations.
U.S. Senate Passes Landmark GENIUS Act Stablecoin Bill for Federal Oversight. In a 68-30 vote, the Senate approved the bipartisan GENIUS Act to create the first U.S. regulatory framework for dollar-pegged stablecoins, mandating fully liquid reserves and clear licensing as the bill heads to the House.
JPMorgan Lunch’s ‘JPMD’ Deposit Token on Public Blockchain Base. The giant’s blockchain unit will pilot JPMD, a tokenized bank deposit in Coinbase’s Base network. JPMD offers institutional clients 24/7 on-chain settlement with interest and is a superior alternative to traditional stablecoins that keep digital dollars within regulated banking channels.
Stripe and Shopify Enable USDC Payments for Millions of Merchants. Stripe announced an expanded partnership to let Shopify sellers across 34 countries accept USDC stablecoin at checkout. Merchants can automatically convert USDC payments to local fiat or opt to receive on-chain funds, bringing crypto payments to mainstream e-commerce without added complexity.
Coinbase Debuts Stablecoin Payment Stack for Online Commerce. Crypto exchange Coinbase launched Coinbase Payments, a new service on its Base layer-2 that allows merchants like Shopify to accept USDC stablecoin transactions 24/7 with near-instant settlement and lower fees.
Visa Expands Stablecoin Settlement, Partnering with Africa’s Yellow Card. Payments giant Visa announced it is extending its USDC stablecoin settlement capabilities to select banks in Central & Eastern Europe, the Middle East, and Africa (CEMEA) and has teamed with pan-African fintech Yellow Card to pilot cross-border stablecoin use cases. Visa’s CEMEA chief said, “Every institution that moves money will need a stablecoin 'strategy’ in 2025.
JD.com Fintech Arm Seeks Hong Kong Stablecoin License for HKs China’s e-commerce giant JD.com plans to apply for a Hong Kong stablecoin license under the new Stablecoin Ordinance to issue its own Hong Kong dollar and U.S. dollar stablecoins for cross-border payments.
Startup Tokenizes AI Hardware for 30% Yield to Investor. London-based Compute Labs is fractionalizing high-end AI GPUs into to”enized “vaults,” offering investors projected 30% annual yields paid in stablecoin (via enterprise GPU rental agreements). This novel real-world asset approach links crypto investors to the booming demand for AI computing power.
Beam and Braid will bring Stablecoin Infrastructure to community banks. Fintech startups Beam and Braid announced a first-of-its-kind platform to help U.S. community banks and credit unions issue and use stablecoins.
Stablecoin Clearing Network Ubyx Raises $10 Million from Galaxy and Coinbase. Ubyx, a startup led by a former Citi executive, secured $10M in seed funding (Galaxy Ventures, Coinbase, and others) to build a global clearinghouse for stablecoins.
Matera and Circle Partner to Embed Stablecoins in Core Banking. Banking software provider Matera became the first in Latin America to integrate Circle’s USDC directly into bank payment systems.
Davis Commodities Invests $15 M to Tokenize Agricultural Assets. Nasdaq-listed Davis Commodities Ltd. unveiled a $30M strategic plan combining Bitcoin reserves and real-world asset tokenization in global trade.
Hong Kong's Stablecoin Law Seen Catalyzing Tokenization Boom. Analysts at CITIC Securities' Kong’s newly passed Stablecoin Ordinance will “anchor the multi-trillion-dollar tokenization of real-world assets” (RWAs) by providing regulatory certainty.
Thailand’s Bitkub and IOST Partner on RWA Education and Adoption. Leading Thai crypto exchange Bitkub joined forces with blockchain platform IOST to promote real-world asset tokenization in Thailand.
Dubai Launches Tokenized Real Estate Platform as Property Sales Soar. With its land department, Dubai's central government officially launched the East’s first licensed tokenized property investment project.
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