Bank Negara Malaysia and the Bank of Thailand joined the Monetary Authority of Singapore's BLOOM cross-border payments initiative as policy institution members on October 23, 2026.

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Tether CEO Paolo Ardoino announced on November 2, 2026, that the stablecoin issuer froze over 4.5 million USDT connected to the hack on Mercado Bitcoin's hot wallets

The New York Stock Exchange announced plans for a tokenized securities platform featuring 24/7 trading, instant settlement, and stablecoin funding, subject to regulatory approval

Tether's token blacklisting prevents frozen USDT from being transferred between addresses but does not automatically return the frozen USDT to Mercado Bitcoin

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Polygon Labs expanded its Open Money Stack payment infrastructure to support the Solana blockchain network

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223 million USDT moved from Bitfinex to the Tether Treasury

The October 26, 2026 BloomTrading drain primarily targeted SOL holdings while leaving USD Coin (USDC) stablecoin balances untouched in affected wallets.

DBS executive Lim Soon Chong noted that stablecoins offer higher fungibility across payment intermediaries but present greater challenges for anti-money laundering compliance compared to bank deposits.

Dollar-backed stablecoins could expand global reach of the U.S. dollar while diminishing other countries' control over their national currencies.

The DBS survey found that fiat-pegged stablecoins are the most widely adopted tokenized instrument among corporate respondents at 63%, ahead of tokenized deposits at 53% and tokenized money market funds at 52%.

Tokenization of real-world assets and stablecoins could enable faster cross-border payments, near-instant settlement, and improved collateral utilization.

Solana Foundation Chief Product Officer Vibhu Norby reported that Solana processed over $5 trillion in stablecoin transaction volume during 2026.

Kira CEO Edrizio De La Cruz stated that working with Polygon enables the firm to convert existing Solana stablecoin transfers into bank dollars for international supplier payments.

Cross-border payments firm Kira became one of the first companies to adopt Open Money Stack's Solana integration to convert clients' stablecoin transfers into US dollars for supplier payouts.

Open Money Stack supports cross-chain routing and conversions across Solana, TRON, Ethereum, and EVM-compatible networks for assets including USDC, USDT, and PYUSD.

The Solana integration enables businesses to process bank deposits, convert fiat to stablecoins, manage embedded wallets, and issue payouts to US bank accounts via a single API.

Token Terminal data showed Solana recorded $5.76 trillion and TRON recorded $6.94 trillion in stablecoin transfers between January 1 and October 27, 2026.

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World Liberty Financial and BitGo collaborated to freeze $27 million in USD1 stablecoins and $2 million in WLFI tokens tied to the Binance hack

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Robinhood integrated TJAR as its launch partner to convert trading fees collected via the Uniswap API into USDC and USDG stablecoins

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Peer announced a beta service allowing users to buy and sell USDC with Chinese yuan payments settled through Alipay

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Conduit sued Tether in the US District Court for the Southern District of New York, alleging Tether froze $2.76 million of its USDT and has refused to release it or explain the freeze