TREE NEWS update: U.S. Bank said it completed a cross-border payment between entities in North America and Europe on Sept. 9 using its own dollar stablecoin, USBDC, on the public Stellar blockchain. The transfer ran on an open network rather than a closed private ledger while staying connected to the bank’s existing systems. CEO Gunjan Kedia said the pilot demonstrates faster global cash management and fund movement; the bank, with $445.4 billion in assets under management as of June 2026, said its digital asset platform can assess stablecoin minting, payment redemption, freezing and rollback functions.
TREE NEWS update: US Senate Republicans have released an updated version of the CLARITY Act following negotiations during the August recess. The revised text would require non-decentralized DeFi protocols to register with the Commodity Futures Trading Commission, limit DeFi provisions to spot or cash digital commodity transactions, and clarify credit unions’ authority to conduct crypto business. The ethics, BRCA and stablecoin yield sections are unchanged.
TREE NEWS update: Uniswap has launched dynamic fees for two stablecoin-pair pools on Ethereum, pairing USDC with USDT and USDC with USDG. Corrective trades executed outside the price band face a fee that declines with each block.
TREE NEWS update: MoneyGram has launched its stablecoin-backed Visa card in Colombia, letting users spend the dollar balance held inside the MoneyGram app anywhere Visa is accepted. The virtual card was first promised a year ago. MoneyGram has not disclosed which stablecoin now backs the card.
TREE NEWS update: trade.xyz launched Events, an offering it says aims to turn Hyperliquid into a unified trading system for financial assets and real-world outcomes. The first Up/Down markets cover stocks, commodities and pre-IPO assets, with liquidity provided by trade.xyz perpetuals on HIP-3 and continuous price discovery used as the settlement source. Users can trade a SpaceX pre-IPO perpetual, hedge an upcoming SK Hynix earnings event and pick a US Open champion from one account.
TREE NEWS update: Liquid Network resumed block production after deploying emergency software updates, but transactions and peg operations remain suspended while recovery efforts continue. The Bitcoin sidechain had halted operations following a $320 million exploit. No timeline has been given for restoring full functionality.
TREE NEWS reports: ARK Invest crypto analyst Lorenzo Valente said stablecoins show strong network effects, with the field thinning sharply as market-cap thresholds rise. Only 12 stablecoins now top $1 billion, up from single digits in 2021, while the number above $10 billion has fallen from its 2022 peak, leaving only Tether and Circle’s stablecoins. Valente said the cohort to watch is those moving toward $100 billion, then $1 trillion and $5 trillion.
TREE NEWS update: MoneyGram has launched a Visa stablecoin debit card, expanding its blockchain-based payments business in a direct challenge to remittance rival Western Union. The card lets users spend stablecoin balances, part of MoneyGram’s push into digital-asset settlement rails. The company did not disclose fees, launch markets or a rollout timeline.
TREE NEWS reports: Crypto futures liquidations across exchanges totaled $503 million in the past 24 hours, with long positions accounting for $432 million and shorts $70.81 million, CoinGlass data shows. Bitcoin liquidations reached $115 million and Ether $104 million, while the single largest liquidation was a $22.63 million ETHUSDT order on Bitget.
TREE NEWS update: Coinbase and payments platform Moov are integrating to bring stablecoin payment infrastructure to community banks and credit unions. The tie-up will use Coinbase’s Payments API and custodial wallets to embed stablecoin rails into Moov’s existing payments platform. The companies did not disclose financial terms or a launch date.
TREE NEWS update: Uniswap Labs introduced StablePair Hook, a Uniswap v4 hook built for stablecoin pairs such as USDC/USDT and USDC/USDG. The hook uses a dynamic fee instead of a fixed fee, adjusting each swap’s cost based on how far the pool price deviates from a reference price, and maintains a fixed spread between buy and sell prices when the price stays near that reference. Uniswap Labs said the design gives traders consistent, predictable quotes while letting LPs capture a larger share of the value they create.
TREE NEWS reports: The trader known as Hyperliquid’s largest long holder has flipped from profit to a $3.39 million unrealized loss on $233 million in long positions after a market drop. The position comprises 1,400 BTC ($110 million, entry $78,672, now down $1.94 million) and 50,000 ETH ($123 million, entry $2,469, now down $1.45 million). The trader reopened longs on August 28 after closing $537 million in longs on August 25 for a $61.72 million gain.
TREE NEWS update: Uniswap Labs has launched StablePair Hook, a Uniswap v4 tool that applies dynamic fees to stablecoin pairs such as USDC/USDT. The hook is designed to help liquidity providers capture more value from stablecoin trading.
TREE NEWS update: Aave founder Stani Kulechov said he has submitted comments to HM Revenue & Customs proposing improvements to the tax treatment of crypto-collateralized loans and stablecoins. He also advocated allowing stablecoins to be held within Individual Savings Accounts (ISAs), which would let stablecoin borrowers access related tax benefits.
TREE NEWS update: MoneyGram, the 86-year-old global payments company, launched its first stablecoin-backed Visa card, debuting in Colombia. The card extends MoneyGram’s stablecoin business from remittances into everyday spending. The company entered stablecoins in 2021 via a partnership with the Stellar Development Foundation for cash-to-USDC and USDC-to-cash conversions, and in June introduced its own dollar-pegged stablecoin, MGUSD, for use across its global network.
TREE NEWS update: Latitude has raised $35 million in a round led by Oak HC/FT, with NEA, Coinbase Ventures, Lightspeed Faction and OpenFX participating, bringing total funding to $43 million. The company builds local stablecoin off-ramps and holds 39 money transmission licences, one state registration and five no-action letters covering what its site lists as 45 U.S. markets.
TREE NEWS update: Tether and Fasanara have seeded a new private credit fund with $400 million from the two sponsors, targeting up to $3 billion from outside institutions. Fasanara will manage the investments, while Tether originates USDT-linked deals and handles settlement. Tether’s USDT supply currently stands at $183.4 billion.
TREE NEWS update: Coinbase and Moov will provide stablecoin infrastructure to more than 1,000 US community banks and credit unions, the two companies said. The partnership will give those institutions stablecoin acceptance, settlement and real-time funding capabilities.
TREE NEWS reports: Solana notched a new all-time high for daily token issuance, with 263,000 tokens created in a single day. Memecoin launchpad Pump.fun accounted for most of the new tokens among launchpads, driving the network’s record daily issuance.
TREE NEWS reports: Galaxy Digital’s head of firmwide research, Alex Thorn, said Liquid’s approved-address restriction did not apply to the attackers who took roughly 4,000 BTC. The bitcoin sidechain limits withdrawals to addresses tied to registered authorization keys, a control its own documentation says exists to prevent funds being redirected to an attacker. The coins still reached an attacker’s address.