Our Summary:Sky Protocol, formerly known as MakerDAO, has received a B3 credit rating from Moody's with a stable outlook, indicating a vulnerable capital structure. The rating reflects the protocol's low equity-to-assets ratio, which stands at around 0.9% with $90 million in equity against $10 billion in managed assets. Moody's praises Sky's growing capital buffer, which now stands at $92 million, but highlights the need for further reserves to maintain a stable outlook.

Our Summary:Noah, a London-based stablecoin payments infrastructure company, has closed its seed round at a total of $38 million, with an additional $16 million raised on October 7, 2026. The new funding will be used to deepen its push into the US and expand its regulatory licensing, including opening a New York office and broadening its regulatory licensing.

Our Summary:Tether has signed a Memorandum of Understanding with Kazakhstan's central bank and Alatau City Authority to explore a tenge stablecoin and tokenization, with a focus on financial stability and investor protection. The agreement includes a $60 million pilot project and cooperation with the Kazakhstan Stock Exchange.

Our Summary:Circle and Tereina partner to bring USDC and EURC stablecoins into SAP Pay, a cloud-based enterprise payment system, reducing costs and increasing adoption for businesses. The integration is a significant step forward for stablecoin usage in enterprise software, with SAP Pay's automated reconciliation and fraud detection features set to improve the overall payment experience.

Our Summary:StablecoinX Inc. has tokenized its shares on Binance's bStocks platform, allowing for 24/7 trading and pricing against crypto pairs. This move is part of the company's expansion into delta-neutral equity basis trades and aims to provide traders with increased access to its shares outside US market hours.

Our Summary:The US Senate has released findings highlighting the need for clearer regulations on GCC stablecoin transactions, sparking concerns about financial stability and potential risks to the global financial system. The report emphasizes the importance of addressing these issues to prevent a potential crisis. With the growing use of stablecoins in the region, regulatory clarity is crucial to ensure the integrity of the financial markets.

Our Summary:Ledger has unveiled a new crypto loan feature at TOKEN2049 Singapore, enabling users to borrow stablecoins against wrapped Bitcoin while keeping private keys and financial control. The Morpho-powered feature allows users to lend and borrow assets without selling their BTC, providing a more flexible and secure lending experience.

Our Summary:BlackRock, the world's largest asset manager, has published a paper suggesting that AI agents could use stablecoins and Bitcoin for payments due to their stability and predictability. The research, conducted by the Bitcoin Policy Institute, found that 33.2% of AI model responses favored stablecoins for everyday payments and 79.1% preferred Bitcoin as a store of value. BlackRock sees the potential for AI-native monetary architecture, where stablecoins serve as transaction money and Bitcoin as a store of value.

Our Summary:Ripple has minted 30 million Ripple USD (RLUSD), further expanding its stablecoin's size. The recent issuance adds to the growing market cap of RLUSD, now estimated at around $2.53 billion. This is part of a series of larger transactions on the RLUSD Treasury, which also includes active burns of the stablecoin.

Our Summary:The Cardano Foundation has launched CIP-0113, a programmable token standard that enables issuers of regulated stablecoins, funds, and bonds to embed identity checks, sanctions screening, and transfer controls directly into token logic. This upgrade is significant for Cardano, providing institutional tokenization infrastructure and allowing issuers to build compliance rules into native Cardano tokens. The standard does not require a hard fork and is enforced by the network itself.

Our Summary:Startale Bond, a Japanese cryptocurrency firm, has introduced a new stablecoin to be used in corporate finance. The yen stablecoin is designed to provide a secure and reliable payment method for businesses. This move is seen as a significant step towards increasing the adoption of cryptocurrencies in corporate finance, and it is expected to have a positive impact on the Japanese economy.

Our Summary:Circle's attempt to promote USDC with DJ Khaled's endorsement backfired after users dug up the rapper's 2018 settlement with the SEC over a crypto promotion that ended badly. The episode highlights the importance of clarity in crypto marketing and the potential consequences of celebrity association without a clear sponsorship deal.

Our Summary:Conduit, a decentralized finance (DeFi) platform, has filed a lawsuit against Tether, a stablecoin issuer, alleging that Tether failed to provide adequate information about a frozen USDT wallet containing $2.76 million. The lawsuit seeks damages and other relief. The incident highlights the complexities of stablecoin regulation and the need for clearer communication between parties.

Our Summary:Conduit Technology, a cross-border payments platform, has sued Tether, a stablecoin issuer, alleging that the latter froze $2.76 million in USDt without explanation in September 2025. The lawsuit claims that Tether's action has

Our Summary:Tether, a leading stablecoin provider, is facing a lawsuit alleging that it froze its treasury wallet without any connection to a Brazilian investigation. The firm is accused of profiting from the reserves while refusing to disclose the freeze. Tether has denied any wrongdoing and maintains that the freeze was necessary to protect its reserves.

Our Summary:Anchorage Digital, the first federally chartered crypto bank in the US, has acquired Routable, a payment orchestration platform, to integrate stablecoins into corporate payments. The deal will enable companies to process stablecoin and tokenized deposit settlements alongside traditional fiat transactions.

Our Summary:Ripple is expanding into Turkey with a focus on providing custody services and promoting its dollar-backed stablecoin, RLUSD, rather than its XRP token. The move aims to address the country's need for dollar stability, driven by lira-fleeing savers. RLUSD can replicate XRP's bridge-asset role without price volatility, creating direct internal competition.

Our Summary:Cross-border payments platform Conduit Technology, Inc. has filed a lawsuit against Tether, alleging the stablecoin issuer froze approximately $2.76 million of its USDT without warning or explanation. The company claims the freeze was unauthorized and not related to any compliance issue with Conduit itself.

Our Summary:XRP Ledger's stablecoin supply rose 8% in a week to $1.31 billion, driven largely by Ripple's RLUSD, which accounts for 93% of the total supply. The increase leaves XRP just $74 million short of Avalanche's $1.39 billion in stablecoins, raising questions about the true demand for XRP.

Our Summary:Paxos-issued USDG stablecoin has seen a 340% yearly jump in market cap, reaching $3.2 billion, with its circulating supply and market cap concentrated among three networks: X Layer, Robinhood Chain, and Solana. The growth is attributed to its integration with exchanges and blockchains, with Uniswap accounting for 98% of USDG's decentralized exchange activity.

Our Summary:Paxos has launched its $3 billion USDG stablecoin on the Arbitrum One layer-2 network, expanding its reach to the decentralized finance ecosystem and increasing adoption potential. The move is part of Arbitrum's growing involvement in tokenized assets, with the network now hosting over $4 billion in stablecoins.

Our Summary:Ether.fi is launching its own US dollar stablecoin, ether.fi USD, using Ethena's Whitelabel platform. The stablecoin will be backed by Ethena's reserves and will be native to ether.fi's products, making existing stablecoin balances more valuable. The launch is closely tied to ether.fi Cash, the company's crypto payment card, which has processed nearly $1 billion in cumulative spending.

Our Summary:Crypto card payments have reached a record $12.5 billion, driven by stablecoins and QR code payments. Jupiter Spend, a card product from Jupiter Global, is one of the players in this shift, but its own slice is considerably smaller. The industry's stablecoin card spending crossed $1 billion in July for the first time, with Jupiter's own figures modest at $7.6 million in September.

Our Summary:OKX, a leading crypto exchange, has secured a strategic investment from Circle, Ripple, and Standard Chartered's venture arm, valuing the company at $25 billion. The investment will support OKX's expansion into stablecoin-based financial services, including consumer payments and institutional liquidity.

Our Summary:OKX has launched OKX Money, a standalone app focused on saving, sending, and spending dollar-backed stablecoins, targeting users who want dollar access without relying on traditional foreign bank accounts.

Our Summary:Stablecoin card adoption numbers are often misinterpreted as a measure of usage, but they can reveal more about the acceptance network and merchant reach. Actual use is measured by completed purchases, repeat customers, and spending over a stated period.

Our Summary:Ether.fi, a decentralized lending platform, is launching its own stablecoin, Ethena, which will be backed by reserves. The move aims to provide a stable store of value and a medium of exchange for Ether.fi users. Ethena will be pegged to the value of the US dollar, ensuring price stability and reducing volatility. This development is expected to enhance the overall user experience and increase adoption of the platform.

Our Summary:Arbitrum has integrated Paxos' USDG stablecoin, which is being issued directly on the network, to serve as a core settlement and liquidity asset across DeFi apps. The stablecoin is backed by Paxos with 1:1 US dollar cash and equivalents, and has a circulating supply of over $3 billion.

Our Summary:Paxos' USDG stablecoin has launched on Arbitrum, with the network offering 100 million ARB in incentives to support adoption and liquidity. The stablecoin is now live on Arbitrum One, with integrations across decentralized finance protocols and support from Kraken and Stargate.

Our Summary:Arbitrum, a layer 2 scaling solution for Ethereum, has joined the Paxos-led stablecoin group Global Dollar to capture digital dollar growth. This partnership aims to increase the adoption of stablecoins in the cryptocurrency market. Arbitrum's expertise in scalability will help Global Dollar expand its reach and provide a more seamless user experience.