ALT5 Sigma Corporation, a Nasdaq-listed fintech that operates crypto trading and payment platforms, plans to raise about $1.5 billion through a stock offering and a WLFI token-funded private placement. The move would place a large portion of World Liberty Financial’s WLFI tokens on ALT5’s balance sheet and bring several of the stablecoin issuer’s executives, including…
Ripple is doubling down on its ambitions in the stablecoin payments space with the acquisition of Rail, a global settlement platform known for its speed and enterprise-grade automation. The deal, valued at $200 million, was announced on Aug. 7 and is expected to close in the fourth quarter of 2025. Meanwhile, it is still subject…
Visa has revealed that it settled more than $200 million in stablecoin transactions during the second quarter of 2025, marking a notable step in its broader digital asset push. The company shared the update in its quarterly report, linking the rise in volume to its expanded stablecoin settlement framework. The payments giant said its 7-day-a-week…
The Hong Kong Monetary Authority (HKMA) has invited stablecoin issuers to begin applying for licenses as the city’s stablecoin regulations are enacted in August. In a statement released on July 29, the HKMA said interested firms can submit preliminary applications by Aug. 31. This early stage is designed to help applicants understand regulatory expectations and…
Ethena Labs has partnered with Anchorage Digital to launch a fully regulated version of its USDtb stablecoin within the United States, aligning with the newly enacted GENIUS Act, according to a July 24 statement. The collaboration marks a major milestone for Ethena as it transitions USDtb’s issuance to a domestically regulated GENIUS Act framework that…
Western Union is piloting stablecoin remittance settlements in select corridors across South America and Africa, part of a closed-loop test announced by CEO Devin McGranahan during interviews on July 22. The company is also evaluating the development of a consumer-facing crypto wallet, signaling broader ambitions to integrate blockchain-based infrastructure into its global money transfer operations….