8 stories about Digital Currency from across the crypto press, curated and summarized daily. Most recent: Sep 2, 2026.
Wyoming has integrated Chainlink's technology to provide near-real-time, onchain verification of reserves for its state-issued stablecoin, FRNT. This move enhances transparency and trust in government-backed digital currencies.
Standard Chartered will distribute Anchorpoint's HKDAP stablecoin to eligible clients. This marks the first time a major bank has offered a regulated stablecoin in Hong Kong.
The Bank of Korea's CBDC pilot, Project Hangang, has expanded to 500,000 users in its second phase. This time, real government money is involved, marking a significant step from the initial trial.
A housing bill with a provision banning the Federal Reserve from developing a CBDC until 2031 is set to become law unless President Trump vetoes it. The bill is likely to pass into law at midnight, as Trump has indicated he won't sign it.
The Bank of Russia plans to launch its digital ruble for widespread use by September 1, with major banks and retailers already preparing to accept it. This marks a significant step in Russia's push toward a state-backed digital currency.
MUFG, SMBC, and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. The banks aim to finalize their plans by March 2027.
Meta is now paying some creators using USDC, a stablecoin pegged to the US dollar. While this validates stablecoins as a mainstream payment method, it also highlights the difficulty of converting them into local currency for everyday use.
MoneyGram has introduced MGUSD, a stablecoin on the Stellar network issued by Stripe's Bridge, to facilitate cross-border payments. This move reflects the growing trend of using stablecoins for faster, cheaper international transactions.