Tag: Stablecoins
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OCC Chief Urges Banks to View Stablecoins as Opportunity, Not Threat
As reported by CoinDesk writer Jesse Hamilton, OCC chief Jonathan Gould, speaking at the American Bankers Association Annual Convention on Monday, downplayed fears that stablecoins could trigger a sudden deposit crisis, urging community banks to see them as competitive tools rather than threats. While banks push Congress to tighten the GENIUS Act amid projections of…
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Western Union Pilots Stablecoin-Based Settlement for Global Remittances
Amin Ayan, Cryptonews.com Mon, October 27, 2025 Global payments giant Western Union will pilot a stablecoin-based settlement system to modernize its global remittance operations.
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Obook Holdings Expands Global Stablecoin Licensing as Adoption Accelerates
Blockchain technology company Obook Holdings Inc. announced its successful listing on the NASDAQ and that it had secured three new Money Transmitter Licenses, bringing its funding operations to forty U.S. states. In the EU, it is upgrading its VASP license in Poland to a Crypto Asset Service Provider (CASP) license under the MiCA framework and…
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SWIFT’s Shift to Blockchain Signals a New Era for Stablecoins and Global Banking
On October 5, 2025, Coindesk reported that: With over 11,500 banks sending and receiving messages using SWIFT, this is a strategic change to providing a platform for it’s bank customers to settle transactions involving stablecoins and tokenized assets over the blockchain. Stablecoins are rapidly changing and will impact how we do business, including creating new…