Stablecoins

Figma’s share price jumped 250% on its NYSE debut, closing at $115 and rising further after hours. The company also revealed it had put nearly $100 million into Bitcoin and stablecoins as part of its treasury plan.

JPMorgan is working with Coinbase to let customers buy crypto more easily using Chase cards and accounts. From 2026, users can also turn reward points into stablecoins and access new crypto features for both personal and business use.

JPMorgan is partnering with Coinbase to bring crypto to its customers. Starting from this fall, customers would be able to use their cards to directly buy crypto.

Google search data has shown that the interest in stablecoin has reached an all-time high this month, reflecting explosive market growth and increasing mainstream curiosity spurred by landmark US regulation and institutional entry.

Chinese e-commerce titan JD.com has reportedly registered two stablecoins-Jcoin and Joycoin-through its fintech arm JD Coinlink Technology, according to Hong Kong media reports.

Both bills call for integrating won-based stablecoins into South Korea’s financial regulatory framework by placing them under the supervision of the Financial Services Commission (FSC), the country’s chief financial regulator.

Hong Kong will be officially enforcing its new rule that makes it a criminal offense to offer or promote unlicensed stablecoins to retail investors beginning August 1.

PayPal is making a bold move to reshape global payments with the unveiling of the PayPal World platform, designed to connect local digital wallets with PayPal’s vast global merchant network.

Tether has just taken on the role of a law enforcer and frozen the $85,877 USDt tied to stolen funds. While Tether CEO Paolo Ardoino has seen it own company as a crypto compliance enforcer, but the crypto community wasn't impressed, stating that Tether's might have over-stepped the line.

Polymarket is thinking about launching its own stablecoin or cutting a deal with Circle to earn interest from the funds users keep on the platform. This would give Polymarket more control over its money system as it grows and prepares to reenter the US market.