
Big banks talk down stablecoins on earnings calls, then co-own one
Citi, Wells Fargo and Goldman talked down stablecoins on Q3 calls, yet all three back a 21-firm bank stablecoin. Why the deposit is the real prize.
Showing 225 stories about institutions.

Citi, Wells Fargo and Goldman talked down stablecoins on Q3 calls, yet all three back a 21-firm bank stablecoin. Why the deposit is the real prize.

JPMorgan brings JPM Coin to Ethereum and MoneyGram adds a stablecoin-backed dollar balance. Why both want your money to stay in-house.

MAS questions stablecoins for large trades and the FSB flags cross-border risks, while Standard Chartered launches RLUSD custody and plans an LMAX link.

Circle now lets institutions borrow USDC against bitcoin in Circle Mint. The dollars come from DeFi pools, and code decides when to sell.

The SEC proposes letting state trust companies hold adviser crypto as community banks sue the OCC over crypto trust charters. What it means for custody.

OUSD went live paying partners nearly all its reserve interest. 25 of 63 USDC partners joined. Why that costs Circle bargaining power, not USDC supply.

Citi plans stablecoin checkout with Coinbase, Goldman offers FTIXX through Lynq and Swift's ledger draws connectors. How crypto is moving into the back office.

SEC staff cleared token buybacks and liquid staking once a network works. The catch: each issuer defines 'works,' and a future SEC can undo it.

The SEC legalized onchain US stock trading for five years, by order, two days after the Senate killed Clarity. Almost nothing trading onchain today qualifies.

The final Clarity Act text gives Democrats delayed ethics rules, developers a civil-only shield and banks an 18-month rewards brake. What each side got, and what it didn't.

A tenth the take.

Shared float.

Narrow banking.

Spend management.

Circle reported $701 million in Q2 revenue this morning, took final approval from the OCC for its national trust bank charter, and set 16 September as the mainnet date for Arc, its own settlement chain, with BlackRock, DTCC, Visa, and Mastercard among the founding validators.

Tether published its Q2 2026 attestation in late July.

In 1973, a group of banks had a problem: none of them trusted a rival to run the wires between them.

The market-structure fight is narrowing to a single clause — and the outcome could set crypto's US path for the decade.

DTCC moved tokenized equities from pilot language into production. The real signal is what market infrastructure now treats as deployable.

Seventeen banks tested 24/7 tokenized payments with Swift, pushing interoperability closer to institutional production.