The USDC stablecoin by Circle has widened its lead over rival USDT in stablecoin transaction volume during the first half of 2026 underscoring a shift in how dollar stablecoins are being used as banks and financial institutions expand on-chain payments. Adjusted transaction volume on the USDC network reached roughly $12 trillion between January and June 2026 accounting for nearly 70% of all stablecoin transfers, according to data from Visa’s onchain dashboard. Tether’s USDT represented about 25% of adjusted volume over […]
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Stablecoin transaction volume rose to a record $1.79 trillion in June 2026 underscoring the growing role of dollar-pegged stablecoins in global payments, decentralized finance and cross-border transfers despite a broader downturn in digital asset markets. The figure, based on adjusted transaction data from VISA’s Allium-powered stablecoin analytics dashboard, was up 63% from May’s $1.1 trillion and surpassed the previous monthly record of $1.78 trillion set in February 2026. MILESTONE | Adjusted stablecoin transaction volume hit a record $1.8 trillion […]
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For decades, humanitarian organizations have struggled with a problem that has little to do with logistics and everything to do with payments. Moving donor funds into fragile markets such as Somalia, South Sudan, or parts of the Democratic Republic of Congo (DRC) can take days or even weeks as money passes through multiple correspondent banks, foreign exchange providers, and compliance checks. By the time aid reaches local partners, significant value may have been lost through delays, currency depreciation, and intermediary […]
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A consortium backed by some of the biggest names in payments, banking, and crypto has unveiled a new dollar-pegged stablecoin network that directly challenges Circle’s business model by shifting the economics of stablecoin issuance from issuers to distributors. The initiative, called Open USD, is supported by more than 140 companies, including Stripe, Coinbase, Visa, Mastercard, BlackRock, Google, Ripple and BNY, and is expected to launch later this year. INTRODUCING | Leading Global Payments, Banking Firms Launch the Open USD […]
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The collaboration will support stablecoin-powered payments, treasury, and digital asset solutions for businesses and financial institutions across the Middle East and beyond Manama, Kingdom of Bahrain – June 2026 – INFINIOS, a leading fintech innovator headquartered in the Kingdom of Bahrain, and Circle Internet Financial, LLC, a subsidiary of one of the world’s leading financial […]
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Standard Chartered today announced the launch of its capability enabling institutional clients to access USDC minting and redemption, developed in partnership with Circle, the issuer of USDC through its regulated entities. The launch makes Standard Chartered the first Global Systemically Important Bank (G-SIB) licensed to offer institutional clients access to USDC minting and redemption through a single onboarding and service experience, without requiring clients to hold direct accounts with Circle. The capability enables institutions to move value across traditional and digital […]
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Lagos-based fintech startup, Daya, has raised $2.4 million in a pre-seed funding round to expand its stablecoin-powered cross-border payments platform, as investor interest grows in blockchain infrastructure for global commerce. The round was led by Hivemind Capital, with participation from Lattice, Alliance, Globelink Holding, and the Aptos Foundation. Founded in 2025 by former Circle executive Aleph Lasebikan and Paul Joe, Daya is building financial infrastructure that allows businesses to collect local payments, convert currencies using stablecoins, and settle globally through […]
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INFINIOS has signed an agreement with Circle Internet Financial to integrate stablecoin infrastructure into its digital payment and treasury products. The company will use USDC, EURC, and API-enabled onchain capabilities to support institutional and enterprise clients across the Middle East. The integration targets cross-border payments, treasury and liquidity management, merchant settlement, platform payouts, tokenised financial [...] The post INFINIOS and Circle Partner to Expand Stablecoin Infrastructure in the Middle East appeared first on Fintech News UAE .
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Trace Finance, a regulated financial infrastructure company for cross-border payments and stablecoin settlement, has announced a $32 million Series A led by CoinFund, with participation from Coinbase Ventures, Haun Ventures, Jump Capital, Valor Capital, Paxos, HOF Capital and others. The Series A also drew support from strategic backers including Chainlink Labs and SNZ Capital, alongside founders and operators spanning the stablecoin, payments, and banking ecosystems, including Sean Neville, Co-Founder of Circle; Anatoly Yakovenko, Co-Founder of Solana Labs; Bam Azizi, Co-Founder […]
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