Banks launch USD stablecoin

A 21-bank consortium led by Goldman Sachs, BoA, and Citi plans to launch a USD stablecoin by H1 2027, backed by reserves and compliant with GENIUS Act and MiCA.

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BIG MOVE IN THE MIDDLE EAST! 🇦🇪 Standard Chartered has officially launched institutional spot trading for #Bitcoin and $ETH in the UAE. For the first time, a major global bank is giving Gulf institutions direct access to deliverable crypto through familiar FX trading infrastructure. 👀 💰 Institutional money just got a new on-ramp into crypto. The Middle East is waking up. 🔥₿

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STANDARD CHARTERED JUST LAUNCHED INSTITUTIONAL $BTC AND $ETH TRADING IN THE UAE Standard Chartered has become the first global systemically important bank to offer institutional spot crypto trading in the Gulf. A major regulated bank is now a direct ETH trading venue for institutions in the UAE. That is another door opening for institutional ETH demand.

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🚀 INSTITUTIONAL ADOPTION ALERT: 21 major global banks (Citi, Goldman, BofA, UBS, Wells Fargo, Deutsche Bank, Santander) forming stablecoin venture! USD stablecoin launching H1 2027. This is HUGE for crypto mainstream adoption. #Bitcoin #Ethereum #Crypto #Blockchain #Stablecoins

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JUST IN: 🇦🇪 $400 billion Standard Chartered launches institutional spot crypto trading in UAE.

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Marcos spoke with @valoreconomico at Febraban Tech about how the financial industry is embracing blockchain. From a time when banks couldn’t openly talk about crypto to a world where stablecoins, tokenization, and digital assets are becoming part of the conversation. A shift we’ve seen firsthand, and one we’re proud to be helping drive at Rayls.

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1 hour to go. USDt coming to Bitcoin through @RGBAssociation could be a big moment for Bitcoin-native payments. With @utexocom building stablecoin infrastructure around Bitcoin, there’s a bigger question worth asking: Could USDt be what finally pushes RGB into real-world use? We’re discussing this in the AMA. Join us. solana:Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB bitcoin:native

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EU’s first statutory MiCA review deadline was 30 June 2026. The European Commission’s assessment covers stablecoin provisions, CASP licensing and market risks that could inform future amendments.

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Everyone keeps talking about the midterms and repeating the same statistic: The President's party has gained House seats in only 2 of the last 22 midterm elections. They're looking at history. I'm looking at what may be at stake THIS TIME. My thesis remains that the Trump administration is attempting something much larger than another economic cycle; a fundamental restructuring of the U.S. monetary system around the Treasury, dollar-backed stablecoins, blockchain technology and decentralized digital assets. Trump has already drawn one enormous line in the sand: NO CBDC. That's why I believe the 2026 midterms could be one of the most consequential elections of our lifetime. If Republicans lose Congress, the administration's ability to continue executing that agenda becomes significantly more difficult. So ask yourself this: With barely two months until the election, does this administration really want stocks, Bitcoin and risk assets collapsing into November? I don't think so. In fact, my thesis is almost the exact opposite. I believe the political AND monetary incentives increasingly favor liquidity, stimulus, lower rates/yields where possible, and policies designed to create economic optimism heading into November. If that's correct, it needs to start showing up VERY soon. Everyone is trading the historical midterm playbook. I'm watching for the possibility that this administration is preparing to BREAK IT. bitcoin:native $ZEC litecoin:native #Altcoins #Bitcoin #Crypto

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💼 Goldman Sachs, BofA Among 21 Banks Planning Joint Dollar Stablecoin The bank-led consortium is targeting a U.S. dollar token launch by the first half of 2027, with a euro version slated to follow, according to Decrypt.