
1win has announced the expansion of its cryptocurrency services by supporting USDC deposits and withdrawals on the Solana network, with a minimum deposit of 5 USDC and a low SOL deposit threshold. Additionally, the 1win Token is set to launch on Solana, with TGE details to be announced later. Furthermore, 1win participated in a charity auction organized by the Solana Foundation for flood relief in Nepal, securing the top central position with a bid of $16,276, making it the second-largest donation. These moves indicate 1win's active expansion into the crypto ecosystem.
9 hours ago

Researchers at the Bank of Korea found that when investors trade dollar stablecoins like USDT and USDC directly with local currencies on platforms such as Binance, crypto demand can spill over into the foreign exchange market, putting downward pressure on the local currency. Analyzing data for 12 currencies from 2019 to 2025, they observed that after the introduction of direct fiat-stablecoin trading pairs, the stablecoin premium fell by 0.33 to 0.38 percentage points, but demand shocks also gained a channel to affect traditional currency trading. The study emphasizes that stablecoin demand does not always lead to currency depreciation; its impact depends on market structure and trading channels.
2026-09-06

This article covers funding disclosed by cryptocurrency and blockchain companies from August 31 to September 5, 2026, totaling $292.35 million across 10 deals. Félix led with a $200 million raise, including $87 million in equity and $113 million in credit facilities, to expand its WhatsApp-based stablecoin remittance platform. Cari raised $32.5 million from seven U.S. banks for its tokenized deposit network. OpenReserve announced a $25 million seed round and received preliminary approval for a U.S. banking license. Payments and banking infrastructure accounted for nearly 93% of the disclosed funding.
2026-09-05

Emi Yoshikawa, former Ripple VP, says the plan by 21 banks, led by Goldman Sachs and MUFG, to issue a dollar stablecoin feels like 'déjà vu,' confirming the inevitable shift of Wall Street toward blockchain. However, she notes that banks tend to build closed systems to control liquidity, compliance, and transaction fees, rather than integrating existing networks like the XRP Ledger. The article analyzes how bank stablecoins differ from crypto-native ones like RLUSD and USDC in market positioning, with the former focusing on interbank settlements and large enterprises, while the latter dominate open finance and DeFi, potentially leading to market segmentation.
2026-09-03

In a landmark SDNY lawsuit, former Ripple CTO David Schwartz publicly supports Tether's decision to freeze $42.4 million USDT, which was based on an informal request from Homeland Security Investigations and linked to an international pig-butchering scam. Schwartz argues that when ownership is disputed, issuers should safely hold funds until a court decides, and warns that ignoring warnings could lead to funds being moved via mixers, exposing Tether to money laundering charges. The case highlights the dilemma stablecoin issuers face between freezing assets without a court order and potential criminal liability.
2026-09-02

Felix Pago has secured $200 million in funding, including $87 million in equity and a $113 million credit facility, to expand its stablecoin-based remittance network with a focus on Latin America. The company uses WhatsApp as its user interface, with USDC and blockchain infrastructure handling cross-border settlements in the background, so users never interact directly with crypto. This model highlights a key trend in stablecoin adoption: becoming invisible financial infrastructure. The funds will be used to expand remittance corridors, strengthen compliance, and improve the product.
2026-09-02

Mesh Wallet takes a focused approach by supporting only USDT transfers on the Tron network, eliminating the need for users to hold TRX for transaction fees. The wallet offers multi-account functionality, with each account having its own Tron address and USDT balance, and emphasizes privacy: seed phrases are generated locally on the device and stored in the Secure Enclave, with keys never uploaded to servers. Mesh charges a 0.5% fee (capped at $10) on transfers and covers TRX resource costs. The article outlines its architecture and design philosophy.
2026-09-02

Circle and OKX have announced an expanded partnership to increase USDC liquidity and trading channels across OKX's spot, margin, and futures markets, allowing eligible users to trade more USDC-denominated markets. Additionally, OKX has launched a USDC-backed growth program, offering monthly rewards of 100 USDC to eligible users, funded by Circle. The program requires users to hold at least 20,000 USDC and meet trading volume conditions, with up to 4,000 recipients per month. This initiative extends their existing collaboration to broaden stablecoin usage on the exchange.
2026-09-02

Kast has introduced KAST Business, a stablecoin platform for enterprises offering accounts, virtual cards, multi-currency payments, and support in over 170 countries. Idle balances can earn up to 8% APY, and spending yields up to 3% cash back. Operating as a fintech, it provides regulated services through licensed partners. Kast aims to attract 1,000 to 5,000 active business clients by the end of 2026.
2026-09-01

Police in Gwangju, South Korea, have arrested four Uzbek nationals accused of transferring cryptocurrency to Katibat Tawhid wal Jihad (KTJ), a UN-designated terrorist group, and receiving crypto from them to buy vehicles for shipment to Syria. This is South Korea's first case involving terrorist funds flowing back and being converted into physical goods. The main suspect transferred 4,267 USDT in seven transactions between August 2024 and April 2025 and allegedly used crypto provided by KTJ to purchase vehicles worth about $121,000. Police said one suspect is on Interpol's red notice. The main suspect denies the main charges, claiming the funds were for family living expenses.
2026-09-01