U.S.-listed cryptocurrency exchange Coinbase (COIN) is introducing a platform for stablecoin payments to enable businesses to send and receive USDC, the company said on Thursday. Named simply "Coinbase Business," the new set of tools will simplify vendor payments, eliminate chargebacks, and offer seamless API integrations, empowering businesses to scale efficiently, the exchange said. USDC balances held in Coinbase Business earn 4.1% APY, and can be cashed out on demand to a linked business bank account ...

🌐 Stablecoin & Web3 Founders Forum | Powered by BitMart × Breakline SocietyJoin us this Sunday, Oct 19 at Trump Tower, Midtown Manhattan,for an in-depth discussion on Stablecoins, Payments, and the On-chain Creator Economy.📍 Venue: Trump Tower - 725 5th Ave, New York, NY 10022, 19th Floor🕒 Time: Sunday, October 19 · 2:00–6:00 PM🎟 Tickets: https://t.co/UyKo8l50jT🎙 Speakers• Gary Yang – Founding Partner, CICADA Finance & Eureka Labs• Nate Vishwa – Co-founder, Secure3 & AI Math Agent (both successfully exited) ...

Group 1: Core Insights - Stablecoins are entering a "2.0 era," characterized by community-driven digital money that promises faster and cheaper transactions, posing a threat to traditional banking systems [1] - The narrative surrounding stablecoins has shifted, with major financial institutions now eager to participate due to increased regulatory acceptance [2] - The new venture STBL aims to modernize the stablecoin model for the Web3 era, reflecting a significant change in the stablecoin landscape [2] Group 2: STBL Model - STBL divides a traditional stablecoin into three components: a stable token (USST) pegged to the U.S. dollar, a yield-bearing token (YLD) that captures interest from collateral, and a governance token (STBL) [3][7] - Unlike existing stablecoins like USDT or USDC, where issuers retain the yield on reserves, STBL's model returns the yield to users who provide collateral [4] - The platform utilizes tokenized U.S. Treasuries as collateral to issue a yield-bearing NFT and the stablecoin USST, allowing collateral providers to reap the rewards [5]

💲Stablecoin MarketCap Closed Q3 at $283.35B, Up 12.19% QoQ https://t.co/qUq7G9IaJh ...

💥BREAKING:🇺🇸 BLACKROCK LAUNCHES GENIUS ACT COMPLIANT FUND THURSDAY TO STREAMLINE STABLECOIN RESERVE CUSTODY! ...

Core Insights - Paxos, PayPal's blockchain partner, mistakenly minted $300 trillion of the PYUSD stablecoin due to a technical error [1][2] - The error was identified and corrected within approximately 20 minutes, with no security breach reported and customer funds deemed safe [2] - PYUSD is a dollar-pegged stablecoin, fully backed by U.S. dollar deposits and similar cash equivalents, redeemable on a 1:1 basis [3] Company Overview - The incident highlights that the dollar peg of PYUSD relies on PayPal and third-party attestation reports rather than the intrinsic minting process [3] - The error raised concerns as $300 trillion would require more than double the world's estimated total GDP to back [4] - PYUSD is currently the sixth-largest stablecoin globally, with a market capitalization exceeding $2.6 billion [4] Industry Context - The mistake occurs at a time when stablecoins are gaining mainstream adoption among banks and payment platforms [4]

🇬🇧 LATEST: Bank of England will lift stablecoin holding limits once digital assets no longer threaten the economy, calling the restrictions temporary. https://t.co/Rylap5iG9R ...

Core Insights - Paxos mistakenly minted $300 trillion worth of PayPal's PYUSD stablecoin, later correcting the error by burning the excess tokens [1][2] - The error was due to the addition of six extra zeros during the minting process, which was quickly rectified by re-minting the correct amount of $300 million [2] - Such minting errors are not uncommon in the crypto industry, with past incidents involving other stablecoin issuers like Tether and BlockFi [3][4] Industry Context - The stablecoin sector's market cap reached approximately $306.18 billion as of mid-October 2025, reflecting a 47% increase year-to-date, driven by major players like Tether's USDT and Circle's USDC [5] - PayPal's PYUSD, while smaller, has a market cap of about $2.32 billion, with its trading price closely aligned to $0.9997 [6]

RT Crypto.com Research & Insights (@cryptocom_rni)DeFi+L1L2 Update:🔥 Prediction market's total volume hit a 7-day high of $1.8B last week, the 2nd highest in a year🚀 Ethereum Fusaka upgrade went live on the Sepolia testnet🪙 North Dakota plans to launch a USD-backed stablecoin, Roughrider Coin, in 2026Full details 👇https://t.co/CXwmVOnAyK ...

Group 1: Core Insights - ODDO BHF has launched EUROD, a euro-backed stablecoin, marking a significant step for traditional banks into regulated blockchain finance [1][2] - The token will be listed on Bit2Me, a Madrid-based exchange, which is authorized under the EU's MiCA regulation, allowing it to operate across the EU [2][3] - EUROD is issued on the Polygon network, ensuring faster and cheaper transactions, and is fully backed by euro reserves with external audits [3] Group 2: Regulatory Framework - The MiCA regulation requires stablecoin issuers to maintain one-to-one reserves and guarantees for redemption, promoting governance and transparency [4] - The rollout of EUROD will serve as a test for the effectiveness of MiCA in harmonizing digital asset oversight across the EU [4] Group 3: Market Context - Euro-pegged stablecoins have seen a doubling in market cap this year, with Circle's EURC leading at approximately $270 million [6] - Despite warnings from ECB officials about the risks of foreign stablecoins, the clarity provided by MiCA is fostering competition among European banks to issue compliant stablecoins [7][8]