Fidelity Launches Stablecoin Reserve Fund Under GENIUS Act Rules

AllUnity launched SEKAU, a regulated Swedish krona-backed stablecoin. SEKAU is backed 1:1 by reserves and features a par redemption right. The stablecoin debuted on Ethereum, Solana, Base, Tempo, and Polygon.  The European digital asset landscape just marked a major milestone today.  A regulated stablecoin issuer officially introduced a novel asset for regional digital payments.  Thus, […] The post AllUnity’s SEKAU Launch Signals a New Era for Eurozone Crypto appeared first on Live Bitcoin News.

Fidelity’s Reserves Digital Fund gives stablecoin issuers a traditional money market fund option for reserve assets, while warning about redemption risk.

Stellar’s XLM token climbed more than 45% between June 15 and 18 as tokenized real-world assets piled onto the network. Backers pointed to newly enabled tokenized U.S. Treasuries and deepening institutional ties as the drivers behind the move. What’s Driving the Move Stellar’s XLM has been one of the strongest performers among large-cap tokens this […]

AllUnity launched SEKAU, a fully reserved Swedish krona stablecoin issued under MiCA, with support across Ethereum, Solana and Base.

AllUnity launches Swedish krona-backed stablecoin SEKAU with multi-chain support, expanding its stablecoin portfolio regulated under the EU’s MiCA framework.

The launch of Fidelity's fund for stablecoin issuers could drive significant demand for T-bills, impacting short-term yield dynamics. The post Fidelity launches money market fund designed specifically for stablecoin issuers appeared first on Crypto Briefing.

The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms.

Trace Finance has raised $32 million to expand regulated stablecoin settlement infrastructure across Brazil, the US and other emerging markets.