Stripe announced support for OUSD across its products and designated OUSD as the default stablecoin configuration. Businesses can receive, hold, send, and spend OUSD through Treasury, and can also use products including Issuing, Global Payouts, Crypto Onramp, and Payments. OUSD is now supported on Base, Ethereum, Solana, and Tempo, while Stripe will continue to allow users to use other stablecoins.
推荐理由:Stripe’s designation of OUSD as the default stablecoin and its integration into products including treasury management, card issuance, and global payouts give businesses a basis for evaluating how to integrate stablecoin operations.
FCA Chief Executive Nikhil Rathi said at a TheCityUK dinner that the UK must move from experimentation to adoption and create the conditions for emerging technologies such as tokenization to scale safely in wholesale markets. FCA has authorized HSBC Orion to provide real-time digital securities custody services, plans to finalize the stablecoin regime before summer, and will jointly publish a tokenization roadmap with the Bank of England while consulting on protection rules for related tokenized investment assets.
推荐理由:FCA has clearly stated its intention to move from experimentation to scaled adoption and provided timelines for tokenization, stablecoins, and digital securities custody, allowing readers to assess the regulatory direction of the UK’s wholesale market infrastructure.
Citi and Coinbase announced an expanded partnership and launched two initiatives: Coinbase selected Citi’s Virtual Account Wallet (BaaS) to support Coinbase Virtual Accounts.
推荐理由:The original text specifies the respective roles of the two institutions and the settlement arrangements, allowing readers to assess how this fiat and stablecoin channel will be implemented.
The Federal Reserve proposed stablecoin rules requiring issuers to back them with Treasury bills and other high-quality liquid assets, while setting capital requirements and risk management standards for issuing institutions. The rules also cover the process for banks to apply to issue stablecoins and impose restrictions on Federal Reserve-supervised institutions that hold reserve assets in custody. The Federal Reserve said stablecoins should be considered stable only if they can be reliably redeemed at par under all conditions. The proposal will be open for 60 days of public comment after publication in the Federal Register.
推荐理由:The Federal Reserve's first proposed rules for stablecoin issuance clarify reserve asset requirements and the application process for banks issuing stablecoins, making them a key milestone for understanding the implementation of the US stablecoin regulatory framework.
The Federal Reserve is seeking public comment on two regulatory proposals for banks issuing payment stablecoins under the GENIUS Act. The first would require regulated issuers to fully back stablecoins with eligible reserve assets such as short-term Treasury bills, and establish standardized capital requirements, risk management standards, and custody rules; the second would establish a tailored application process for banks seeking to issue stablecoins, requiring the submission of a business plan and financial information, and set out procedures for appeals, hearings, and final decisions. The comment period will close 60 days after publication in the Federal Register.
推荐理由:The Federal Reserve’s proposed rules for implementing the GENIUS Act cover reserve assets, capital, and risk management, giving readers a basis for assessing the compliance threshold for banks issuing stablecoins.
The European Central Bank has launched Pontes as a bridge between distributed ledger networks and the Eurosystem TARGET settlement services, enabling wholesale tokenized asset transactions to settle in central bank money. The service is based on experience from 64 participants, more than 40 trials and over €1.59 billion in transactions in 2024. Its initial functionality is limited, with full implementation targeted for 2028.
推荐理由:The original text provides a specific path and timeline for the European Central Bank to connect central bank money to tokenized settlement, allowing readers to assess the direction of settlement infrastructure in Europe’s tokenization market.
The European Central Bank has begun preparations to invest part of its own funds in tokenized securities, with transactions settled through the Eurosystem’s DLT settlement solution Pontes in central bank money. Initial investments will focus on euro-denominated securities issued by euro area governments and European supranational institutions. The Executive Board will determine the operational details and timeline once the preparations are complete.
推荐理由:The original text sets out the European Central Bank’s plan to directly invest its own funds in tokenized securities and settle through Pontes in central bank money, allowing readers to assess how central bank funds will be deployed in DLT-based assets.
英格兰银行发布系统性稳定币发行方政策声明和《操作守则》规则草案,推进英国稳定币监管框架建设。规则将计息资产占准备资产的最高比例从60%提高至70%,其余资产存放于中央银行存款,并为每种系统性稳定币设置初始£40 billion的临时发行护栏。规则草案征求意见截止至22 September 2026,英格兰银行计划在2026年底前定稿,受监管稳定币可从2027年起在英国运营。
FINTRAC发布加拿大反洗钱立法修订实施安排,涵盖行政罚款、合规计划、普遍登记及稳定币发行人登记等要求。部分修订于2026年3月26日生效,稳定币发行人登记等措施将配合后续法规在Canada Gazette, Part II发布后实施。页面还介绍了报告实体之间自愿共享信息、受益所有权差异报告等已生效义务。