EU Crypto Kill Switch vs Russia's Stablecoin Fees
Masspay has expanded its integration with Circle's Managed Payments service to allow businesses to facilitate stablecoin payouts and treasury operations without the complexity of direct digital asset management.
In March 2026, Meta revealed plans to compensate content creators using USDC, a stablecoin tied to the U.S. dollar. Initial deployment began in Colombia and the Philippines, with the company aiming to reach more than 160 nations before year-end.
Stripe, Visa and Mastercard unite to launch a stablecoin platform. Circle collapses by 11%, Tether trembles.
Mastercard is expanding its global settlement infrastructure to support additional intraday, weekend, and holiday settlement windows, as well as on-chain settlement using regulated stablecoins, the company said Wednesday. Mastercard rolls out always-on settlement with Circle, Paxos and Ripple stablecoins.
A U.S. court lifted a temporary freeze on about $12.5 million in USDC held inside Zama's cUSDC smart contract. The freeze followed litigation involving Overnight Finance stakeholders, even though Zama was not a party and the pool included uninvolved users.
Coinbase and Checkout.com announced a partnership to integrate stablecoin payments across the payment processor's network of more than 1,000 enterprise clients. Starting June 2, 2026, eligible merchants will be able to receive payments in USDC or USDT directly through Checkout.com's platform, with no separate integration required. Settlement for merchants will continue to be processed in dollars through the processor's traditional channels.
A federal court order in the Overnight Finance suit forced Circle to blacklist Zama's cUSDC contract, freezing $12.6M and locking unrelated users' deposits due to the wrapper's pooled architecture.
Users who fail to migrate their accounts before quantum computers become a practical threat would not automatically lose their assets under Circle's new plan — the company is proposing recovery frameworks tied to cryptographic proofs, seed phrase verification, exchange records, and even court orders if necessary. Related Reading: Banks Vs.
Did the Overnight Finance hack investigation unfairly target Zama?
Cash App rolls out fee-free, wallet-free USDC transfers to 59M users, spanning multiple chains and offering a one-tap path into Bitcoin.
In the early hours of Saturday morning, Circle implemented a freeze on $12.6 million worth of USDC following a federal court directive to blacklist a smart contract operated by Zama, a privacy-focused protocol.