Digital bank Fasset raised $51 million to expand its stablecoin-powered banking platform, the latest sign that fintech firms are increasingly building financial services on blockchain rails instead o… [+2204 chars]

The Shariah-compliant digital bank is part of a growing wave of fintech startups building banking and payments services on top of blockchain and stablecoin rails.

CoinDesk

Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets

Nigel Farage, the leader of Reform UK and a member of Parliament, is facing a formal investigation by the parliamentary standards watchdog after failing to declare a 5 million-pound ($6.8 million) gi… [+2104 chars]

If found guilty of violating the Parliamentary code of conduct, the Reform UK party leader could be suspended from the House of Commons.

UK parliament to probe Nigel Farage’s $6.8 million donation from crypto billionaire

Osero, a stablecoin yield infrastructure project incubated by Stablewatch and Soter Labs, raised $13.5 million in a round led by the Sky Ecosystem and co-led by Plasma.
The round included angel inve… [+2048 chars]

Osero is coming with three products: Earn (embeddable Sky Savings Rate), App (direct user access), and Foundry (on-chain yield products for asset managers).

Stablecoin yield infrastructure project raises $13.5M in round led by Sky Ecosystem

European Central Bank (ECB) President Christine Lagarde argued against the need for privately-issued euro-pegged stablecoins, even in the face of a market which is 98% dominated by dollar-pegged toke… [+3033 chars]

Lagarde warned that large stablecoins like Tether and USDC, which now dominate a $310 billion market, pose financial stability risks and could transmit stress to underlying asset markets during periods of turmoil.

ECB's Lagarde’s digital euro warning: Why Europe shouldn’t just copy the U.S. stablecoin model

Stablecoin-based cards could soon account for double-digit percentages of all cards in some Latin American markets, John Timoney, head of strategic partnerships at Rain, a payments infrastructure pla… [+4844 chars]

Stablecoin settlement enables weekend/holiday settlement, reducing trapped capital by over 40%. This improves card economics and financial flexibility for issuers.

Stablecoin card spend is growing 100% year over year, Rain exec says

Miami Tether.io Head of Government Affairs Jesse Spiro said the crypto industry sees the 2026 U.S. midterm elections as a critical test for whether Washingtons recent embrace of digital assets will e… [+1773 chars]

Jesse Spiro, Head of Government Affairs at Tether.io, said at Consensus Miami 2026 that the midterms will be a key test for whether crypto’s recent policy gains in Washington can survive politically.

Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry

The crypto bear market is likely over, arguing that a fresh cycle driven by tokenization and artificial intelligence-powered financial services is beginning to take shape, said Tom Lee, chairman of B… [+2930 chars]

Tokenization and AI agentic finance are the main narratives driving the next bull cycle in crypto, Lee said at Consensus 2026.

Bitcoin ending May above $76,000 would confirm new bull market, Tom Lee says

Miami Beach The stablecoin universe, dominated by Tether and Circle, hampers competition that could lead to better product-market fit for some important use cases, according to Ben O'Neill, Bridges h… [+2208 chars]

Circle and Tether are going to make it harder for stablecoins to feel like money, said Ben O'Neill, head of money movement at Bridge.