Browsing: Stablecoin

South Korean payment gateway operator NHN KCP has signed a memorandum of understanding (MOU) with LINE NEXT Inc., the Web3 subsidiary of the messaging giant LINE, to broaden the use of stablecoin-based payments, according to a report from Newsis. The partnership aims to integrate NHN KCP’s domestic merchant network with Unifi, LINE NEXT’s global digital…

NHN KCP, a South Korean payments company, said Aug. 20 that it signed a memorandum of understanding with global Web3 platform company LINE NEXT to expand stablecoin-based payment services.

Sky, one of the largest DeFi protocols, has dramatically reduced its buyback programme in an effort to bolster its stablecoin’s reserves.

The number of active addresses holding Solana-based stablecoins has surpassed 1.7 million, marking a record high for the network, according to on-chain analyst Darkfost. This milestone underscores the growing role of stablecoins in Solana’s ecosystem, with total stablecoin supply on the chain now reaching $16.3 billion.

Currencies38606 Market Cap$ 2.48T+8.81% 24h Spot Volume$ 47.00B+139.7% DominanceBTC55.90%-1.38%ETH10.95%+8.43% ETH Gas0.64 Gwei MarketCrypto Live NewsOCC Aug 19, 2026 < 1min read byIzabela Anna forCoinEdition

Bitcoin.com has partnered with Universal Digital Intl. Limited to add UAE-regulated USDU to its self-custodial wallet, giving users access to a dollar-backed stablecoin with monthly reserve attestations.

Stablecoin balances, a key indicator measuring liquidity and investor purchasing power in cryptocurrency markets, have seen a significant decline.

LatinAmerica’s largest bank Itaú Unibancoiswarning that a rapid shift from bank deposits into stablecoins could disrupt credit creation in Brazil, echoing concerns that have become central to the debate between US banks and the crypto industry over landmarkdigital asset legislation.

The $XRP Ledger (XRPL) could support a stablecoin tied to the Korean won as Ripple expands its payment services in South Korea.

Currencies38584 Market Cap$ 2.28T+2.26% 24h Spot Volume$ 21.86B+1.55% DominanceBTC56.45%+0.23%ETH10.06%-0.38% ETH Gas0.05 Gwei BlockchainStablecoin Aug 17, 2026 2min read byTokoni Uti forBlockchainReporter