Our Summary:Rating agency Moody's has assigned a B3 issuer rating to Sky Protocol, a stablecoin project, as institutional interest in its USDS token continues to grow. This is the first time a stablecoin protocol has received a rating from Moody's. Sky Protocol also received a B- rating from S&P, further solidifying its position in the market.

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: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: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: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: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: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: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: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.