Visa is expanding its stablecoin pilot to include settlements in the United States using Circle's USDC on the Solana blockchain.  The expansion will allow U.S. acquirer and issuer partners of the payments giant to settle in USDC, starting with initial banking partners Cross River Bank and Lead Bank. The firm is expecting a broader rollout in 2026.  “Visa is expanding stablecoin settlement because our banking partners are not only asking about it—they’re preparing to use it,” said Visa’s Global Head of Grow ...

South Korea’s push to tighten rules for virtual assets is moving into a second legislative phase focused on stablecoins, as policymakers and financial firms step up discussions on how won-linked tokens could be issued and used, according to organisers of an industry forum.The second phase of virtual asset legislation, described by organisers as a “stablecoin law”, is gaining speed, and the first World Crypto Forum is set to host detailed talks on stablecoins and cross-border payments.The forum will feature ...

This huge financial institution has long been a top Buffett holding.Berkshire Hathaway owns dozens of stocks in its massive $317 billion public equities portfolio. One of the leading positions for a long time has been Bank of America (BAC +0.38%). The Warren Buffett-led conglomerate owns 7.8% of the bank's outstanding shares, displaying his appreciation for the business.In the past five years, this bank stock has generated a total return of 110% (as of Dec. 11), slightly outperforming the broader S&P 500 (^ ...

Key insights: Visa has launched its Stablecoin Advisory Practice, a service from its consultancy arm Visa Consulting & Analytics, to help financial institutions deploy stablecoin technology. What's at stake: Banks and financial institutions are seeking out the best stablecoin use case, and Visa is looking to protect the competitive moat around its network. Forward look: Navy Federal Credit Union, Vystar Credit Union and Pathward are the first financial institutions to use the service. Visa is injecting itse ...

Stablecoin total market capitalization now approaches the $310 billion mark, reaching another all-time high despite poor market conditions as cryptocurrency prices crash and hundreds of millions of dollars are liquidated from leveraged positions in a long squeeze. Coinspeaker retrieved data from DefiLlama on December 15 that shows a $309.83 billion market cap for stablecoins, up 0.44% in the last 24 hours and marking record high levels. Tether dollar-pegged token is the leading stablecoin, dominating 60% ...

Key Takeaways COIN stock has dropped 18.5% in 3 months, underperforming its industry's 10.3% decline.Coinbase is expanding globally, adding assets, and exploring stablecoin ties with top U.S. banks.Despite strong growth plans, COIN trades at a premium and faces declining earnings estimates.Shares of Coinbase Global Inc. (COIN) have lost 18.5% over the past three months compared with its industry’s decrease of 10.3%. The sector has increased 2.3% and the Zacks S&P 500 composite has risen 4.2% in the same tim ...

The US Office of the Comptroller of the Currency has opened the doors of the federal banking system to a new wave of digital-asset firms, clearing five crypto companies, including Circle and Ripple, to launch national trust banks. Key Takeaways: The OCC has conditionally approved five crypto firms, including Circle and Ripple, to launch national trust banks. The charters give digital-asset companies a single federal rulebook instead of navigating state-by-state regulations. Paxos is cleared to issue ...

Some weeks last a year, and some years feel like they last a decade. 2025 has brought us ten years' worth of news that has reshaped the global economy and financial markets at a breakneck pace. A tariff war, the AI of everything and the stocks tied to it, the proliferation of sports betting and the prediction markets, the entrance of cryptocurrencies into our federal banking system, and a relentless bull market were just some of this year's headlines. Investopedia's ever-curious readers stayed on top of all ...

The Office of the Comptroller of the Currency (OCC) gave the green light on Friday for five crypto companies to have national trust bank charters under certain conditions, bringing some of the industry's biggest players ever closer to the traditional banking sector. Under conditions, the OCC approved applications submitted earlier this year by stablecoin issuer Circle Internet Group (CRCL) and crypto firm Ripple (RIPL.PVT) to establish their national trust banks, First National Digital Currency Bank and R ...

A group of British lawmakers has urged the Bank of England to reconsider proposals that would cap stablecoin holdings for citizens and businesses, and impose stringent reserve requirements on issuers. Under the proposals—which are still undergoing consultation—stablecoin holdings would be capped at $26,350 (£20,000) for private individuals and $12.7 million (£10 million) for businesses, with some exemptions possible for larger firms. In addition, stablecoin issuers would only be permitted to hold up to 60% ...