STABLECOIN news
Revolut Freezes USDT Deposits in Europe With 30 Days Left on the MiCA Clock
Revolut stopped accepting USDT deposits on July 30 for its more than 75 million users, leaving 30 days until the August 31 full delisting under MiCA.
Shopify Payments Switches On USDC Checkout on Arbitrum for 480 Wallets
Shopify Payments now accepts USDC on Arbitrum with no buyer gas fees, extending stablecoin checkout to a fifth network and roughly 480 supported wallets.
South Korea's Biggest Bank Puts Corporate Dollar Payments on JPMorgan's Kinexys
KB Kookmin Bank, South Korea's largest lender, will use JPMorgan's Kinexys blockchain to move US dollar corporate payments across 10 country corridors starting in August 2026.
Russia's Biggest Bank Is Building a Crypto Exchange Before the Law Exists
Sberbank set a December 1, 2026 launch date for a full crypto trading stack including a digital depository, moving faster than the State Duma's July 21 bill that has not yet been signed into law.
Fidelity Puts Its Digital Dollar on Ethereum, Issued Through an OCC Trust Bank
Fidelity confirmed on July 25 that FIDD, its dollar-backed stablecoin, will launch on Ethereum via Fidelity Digital Assets, an OCC-chartered national trust bank, redeemable 1:1 and backed by cash and short-term Treasuries under the GENIUS Act framework.
Attacker Prints 5.23M WEMIX$ From Thin Air, Forces a Full Network Halt
At 09:17 UTC on July 26, an attacker with admin rights over the WEMIX$ stablecoin contract minted 5,225,525 tokens (about $5.22M) and laundered roughly $724,198 in USDC.e across Ethereum and BNB Chain, prompting WEMIX to freeze bridges, DEX and marketplace trading.
42DAO's Own Oracle Signed Off On A BTCB Print That Let An Attacker Mint 4.5 Million BLC From Nothing
An attacker poked 42DAO's Median Oracle on July 22, 2026, got a bad BTCB print accepted, and used it to mint 4.5M BLC from a null address on BNB Chain. The drain via PancakeSwap V2 hit $915K and the stablecoin collapsed 99% to $0.001209 in two hours.
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