Stablecoin

A recent American Bankers Association survey released on Tuesday indicates many consumers support limits on stablecoin yields when potential banking and financial system risks are highlighted. Respondents reportedly back congressional restrictions on stablecoin rewards by a 3-to-1 margin under certain risk scenarios and favor cautious stablecoin laws by a 6-to-1 margin. The findings arrive as U.S. lawmakers, banks and crypto firms clash over how stablecoin yield should be handled in broader market structure legislation.

Societe Generale-FORGE has deployed its MiCA-compliant EUR CoinVertible (EURCV) euro stablecoin on the Stellar network as part of a multichain strategy. The token, first launched on Ethereum in April 2023 and later added to the XRP Ledger and Solana, is backed one-to-one by deposits and high-quality liquid assets and currently has a market cap of about $452 million.

Circle Internet Group shares climbed 9.74% to close at $111.84 on Monday, their highest level since early November, after Bernstein reaffirmed an "outperform" rating and a $190 price target implying about 70% upside. The report cited resilient growth in stablecoin supply and transaction volumes, including $55 trillion in total stablecoin transfers and expanding use cases across cross-border payments and emerging AI-driven machine-to-machine transactions.

In March 2026, CoinPoker launched a new software client and mobile app while rolling out rake-free poker games and adding Abby Merk and Alejandro 'Papo MC' Lococo to its ambassador roster. The platform is offering daily rakeback and promotional formats throughout March, and its tournaments and cash games are played in USDT with support for other major cryptocurrencies. CoinPoker has also been recognized among leading poker apps and reports record traffic during the launch period.

Ripple has surpassed $100 billion in total processed payment volume, underscoring its shift toward enterprise-grade financial infrastructure. An executive described Ripple as a one-stop platform integrating fiat, crypto, stablecoins, and custody, while the RLUSD stablecoin has climbed to a $1 billion market capitalization and the firm now holds over 75 regulatory licenses worldwide.

Aon has carried out an institutional pilot that allowed clients such as Coinbase and Paxos to pay insurance premiums using USDC on Ethereum and PayPal USD on Solana. The trial kept existing policies intact while replacing traditional bank transfers with stablecoin-based settlement, highlighting interest in faster cross-border payments. The initiative comes as dollar-backed stablecoins surpass $300 billion in value and U.S. regulation for stablecoin issuance evolves.

Tokenized Stocks climbed from $32 million in early 2025 to about $1.1 billion as U.S. regulators move from a pure enforcement stance to a more innovation-focused approach. Stablecoins now process over $10 trillion in adjusted volume and are increasingly used for low-fee domestic payments, while institutional crypto products saw $619 million in weekly inflows despite late-week macro-driven outflows.

On 9 March 2026, stablecoin payments firm KAST disclosed it had raised $80 million in a Series A round, putting its valuation at $600 million after a prior $10 million seed. The company now reports more than 1 million users, nearly $5 billion in annualized transaction volume, and plans to push into North America, Latin America, and the Middle East while rolling out an enterprise cross-border payments product.

Coinbase and Paxos have paid their insurance premiums to Aon using USDC and PYUSD stablecoins, in what is described as a first for a major global insurance broker. Aon processed Coinbase's payment in USDC on Ethereum and Paxos's payment in PYUSD on Solana as part of a proof-of-concept pilot informed by recent U.S. stablecoin legislation.

Stablecoin-focused banking startup Kast has reportedly closed an $80 million funding round that values the company at $600 million. The capital will be used to scale its payment infrastructure and products across North America, Latin America and the Middle East, while stablecoin transfer volume reached a record $1.8 trillion in February.