Group 1 - Fidelity has launched its U.S. dollar stablecoin, FIDD, making it accessible to both retail and institutional investors, indicating a growing interest in stablecoins as a cash layer in the crypto market [1][2] - The launch of FIDD aligns with a broader trend of established financial institutions deepening their involvement in crypto infrastructure beyond mere token trading [2][6] - FIDD operates on the Ethereum network, allowing for seamless interaction with various applications, wallets, and exchanges, enhancing its usability [4][5] Group 2 - The timing of Fidelity's launch is significant due to the establishment of clearer U.S. regulations for stablecoins, which reduces legal risks for large firms [6] - The introduction of FIDD signifies a shift in trust from crypto-native issuers to traditional finance, as major U.S. stablecoins gain traction through scale and brand recognition [6][9] - The global trend shows governments and firms racing to define digital dollars, with many central banks exploring their own digital currencies, increasing pressure on private stablecoins to maintain transparency and compliance [8]

Group 1 - BBVA has joined Qivalis, a consortium of lenders aiming to introduce a regulated euro stablecoin to compete with the dominance of digital dollars [1] - The group now includes a dozen major EU banks, such as BNP Paribas, ING, and UniCredit, with BBVA's assets totaling $800 billion [1] - The project aims to create a token backed by established banks, providing an alternative to dollar-tied crypto-native stablecoins [2] Group 2 - Currently, only $860 million of the $300 billion stablecoin market is tied to the euro, with Tether and Circle Internet dominating the market with $185 billion and $70 billion respectively [2] - A euro-pegged coin would enable EU businesses and consumers to conduct blockchain-based payments in euros without relying on external financial systems [3] - Collaboration among banks is essential to establish common standards for the future banking model, as stated by BBVA's head of partnerships and innovation [3] Group 3 - BBVA's participation signifies the commitment of European banks to develop a European on-chain payment ecosystem based on trust [4] - Qivalis is seeking authorization from the Dutch central bank to operate as an electronic money institution, a necessary step under the EU's MiCA regulatory framework [4] - The project plans to launch the euro stablecoin in the second half of 2026 [5]

Core Insights - Trust Stamp has filed for the trademark "WOW" for its biometrically secured Wallet of Wallets product aimed at consumers [1] - The global digital wallet user base is approximately 4.5 billion, projected to reach 6 billion by 2029, with significant amounts of digital assets believed to be lost in dormant wallets [2] - The Wallet of Wallets technology can be implemented on a white-labeled basis for financial institutions and nation-state customers [3] Company Overview - Trust Stamp is a global provider of AI-powered services across various sectors, including banking, finance, healthcare, and government, focusing on reducing fraud and enhancing data security [3][4] - The company operates with a diverse team from 22 nationalities across 10 countries and is listed on the Nasdaq Capital Market [4] Product Features - The WOW Wallet eliminates the need for memorizing passwords and can serve as a non-custodial wallet for multiple digital assets [6] - It utilizes a proprietary StableKey generated by tokenized facial biometrics, ensuring high security and resistance to tampering [6] - The wallet incorporates zero-knowledge-proof protocols for identity verification and offers secure recovery and transfer options [6]

Core Perspective - The partnership between Canada Stablecorp Inc. and VersaBank for custody services is a significant step in enhancing the institutional readiness for QCAD, Canada's first regulatory compliant Canadian-dollar stablecoin [1][7][6] Group 1: Custody Agreement - VersaBank will provide custody services for the QCAD Digital Trust using its proprietary VersaVault solution, earning fees based on the value of QCAD assets held and a spread on QCAD deposits [4][7] - The custody agreement is designed to support the scaled adoption of tokenized Canadian dollars, reinforcing the institutional-grade infrastructure behind QCAD [7][8] Group 2: Institutional Readiness - Regulated custody of reserve assets is viewed as a foundational requirement for stablecoin scale, particularly as stablecoins transition into mainstream financial workflows [5][9] - The collaboration with a federally regulated Schedule I bank is seen as a milestone for modernizing Canada's financial infrastructure and establishing a new standard for the digital asset industry [6][8] Group 3: Strategic Focus - DeFi Technologies aims to scale QCAD across three core areas: product development, liquidity and market access, and security as adoption grows [9] - The milestone aligns with DeFi Technologies' strategy of supporting category-defining digital asset infrastructure and commercialization through its integrated platform [8][9]

Group 1 - Tether has reduced its funding round target from $15 billion to $20 billion to potentially as low as $5 billion due to investor pushback on its $500 billion valuation [1][2] - The company generated approximately $10 billion in profit last year, primarily from yield on reserves backing USDT, indicating strong profitability and no immediate need for capital [3][2] - Tether's balance sheet resembles that of a large financial institution, holding over $122 billion in direct US Treasuries and having total Treasury exposure exceeding $141 billion [4] Group 2 - Tether has launched USAT, a US-regulated stablecoin, which is fully compliant with new federal stablecoin regulations, differentiating it from USDT [6] - The launch of USAT positions Tether in direct competition with other stablecoins like Circle's USDC and new entrants from major financial institutions [7] - Tether is actively engaging with US policymakers and law enforcement, collaborating with nearly 300 law enforcement agencies across over 60 countries [7]

RT Timmy Shen (@timmyhmshen)ICYMI: A busy U.S. session today at @TheBlock__ — here’s the rundown🌍 Avalanche Policy Coalition rolled out an advisory council, calling for “global energy” as crypto rules take shape💵 Y Combinator opens a stablecoin funding option for startups starting spring 2026📉 Mike Novogratz’s Galaxy Digital posted a $482M loss in Q4 even as its cash pile swells📊 S&P projects a potential 1,600x upper-bound jump in euro stablecoin issuance to $1.3T by 2030🔻 Standard Chartered cut its 2026 So ...

Now open on Circle Payments Network (CPN): Philippines payouts with @coinsphCoinsph is now live on CPN, enabling PHP payouts via trusted local rails.→ PHP settlement via InstaPay (real-time) and local partner banks→ Reduced reliance on correspondent banking→ One integration for compliant, high-throughput payoutsA new corridor is now live, connecting global stablecoin settlement to the Philippines. ...

LATEST: 📊 Standard Chartered cut its 2026 SOL price target to $250 but raised its 2030 forecast to $2,000, citing a shift from memecoins to stablecoin-based micropayments as Solana's next dominant use case. https://t.co/QH57TQVAW1 ...

RT Naga Avan-Nomayo (@JeSuisNaga)Standard Chartered says @solana is evolving “from memecoins to micropayments.”The bank cut its end-2026 SOL target to $250 but raised longer-term forecasts, seeing SOL reach $2,000 by 2030.Analysts: Solana's ultra-low fees open the doors to stablecoin-driven micropayments.But @ethereum remains Standard Chartered's near-term preference. It expects ETH to outperform other cryptos in 2026. ...

LATEST: 🇰🇷 South Korea's KBank has filed 13 trademark applications related to stablecoin wallets ahead of its March 5 IPO, with reports suggesting it could roll out remittances, payments and settlements. https://t.co/qe7lhZh3mU ...