Stablecoins

The Solana Foundation’s September roundup cited Payment Channels, stablecoin integrations, Open USD, x402 activity and a reported $17.3 billion stablecoin supply record.
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Kraken said USDsui funding and trading became available on October 5, 2026, subject to applicable geographic restrictions and liquidity conditions.
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Tether, the National Bank of Kazakhstan and the Alatau City Authority have signed an MoU to examine a tenge-pegged stablecoin, real-world asset tokenization and a possible pilot in Alatau City.
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Open Standard has launched Open USD (OUSD) on Solana, with Bridge issuing the stablecoin and five founding partners committing more than $1 billion to establish liquidity.
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Binance and Circle have entered a five-year commercial arrangement focused on USDC distribution and emerging-market access, alongside Binance’s $100 million private investment in Circle shares.
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Circle and Tether blacklisted the same wallet tied to the Bitget exploit, freezing about $318,000 in USDC and USDT. Bitget later revised the value transferred to attacker-controlled addresses to about $387.5 million.
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The Federal Reserve Board has requested public comment on two proposals that would set requirements for Board-supervised payment stablecoin issuers and related banks under the GENIUS Act.
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Circle has signed an agreement to acquire Singapore-based cross-border payments company Tazapay for $400 million in stock, subject to adjustments and regulatory approvals.
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A Solana Foundation report outlines implementation paths, corridor analysis and regulatory considerations for money-transfer operators exploring stablecoin-based remittances.
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Kraken has introduced Fixed Rate Rewards, allowing eligible clients to lock offered rates for terms of up to 18 months on supported cash and stablecoin balances.
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