Circle and Fiserv announced a partnership to develop stablecoin solutions after the Senate passed a stablecoin bill.

The entities involved

• Fidelity National Information Services →

  company

  • Call center staff at Fidelity National Information Services allegedly unlocked cards for fraudsters, affecting institutions including credit unions.Sat 01:00
• Circle →

  peer-to-peer payments technology company

  • Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.Mon 04:46
  • Hana Bank is participating in a settlement network trial involving the Bank of Korea, while Binance announces a $100M investment to promote Circle's USDC.Fri 02:36
• Senate →

  Upper house of South Korea

  • Retaliatory tariffs from Canada are impacting several US states, including Iowa, Ohio, Minnesota, and Alaska, while the Senate blocks legislation from Democrats.Mon 12:31
  • Senate holds pre-trial conference against Sara Duterte, with House prosecutors participating in the impeachment trial.Sun 21:18

Related events

• The Fed has proposed new anti-money laundering rules specifically for stablecoins, while Circle is simultaneously exploring its evolution into a federally chartered bank.Jun 28
• South Korean reforms are fast-tracking the legalization of KRW-backed stablecoins, attracting significant retail investment.Jun 8
• Banks are launching stablecoin initiatives as a competitive strategy to counteract the growing market share of non-bank financial competitors.Sep 2
• Stablecoin growth signals deeper roots for crypto rally.Jun 8
• Fed hikes influence stablecoin reserve interest rates.Sep 17