Coinbase Partners with Banks on Crypto and Stablecoin Pilot Projects

Coinbase CEO Brian Armstrong reportedly said Wednesday (Dec. 3) that his company is working with some of the biggest U.S. banks on pilot programs testing stablecoins, crypto custody and trading. “The best banks are leaning into this as an opportunity,” Armstrong said at the New York Times DealBook Summit, CoinDesk reported Wednesday.
Fin lands $17M for stablecoin payments app built by ex-Citadel team: Report

Fin, founded by two former Citadel engineers, raised capital to launch a stablecoin app for cross-border payments as banks and fintechs expand into digital assets.
Coinbase is running crypto pilots with JPMorgan, Citigroup, and Bank of America on stablecoins, custody, and trading

Coinbase started live pilots with some of the largest U.S. banks this week to test stablecoins, custody, and crypto trading, according to comments made Wednesday by CEO Brian Armstrong. The trials began as prices continued a stop‑and‑start slide that has dragged on since October.
Taiwan eyes 2026 stablecoin launch as crypto legislation advances: Report

A Taiwan-issued stablecoin pegged to either the country’s dollar or the US dollar could enter the market in the second half of 2026 based on related legislation.
Taiwan Authorities Say Island’s First Regulated Stablecoin Will Debut Next Year

Regulators have not decided whether the token will be tied to the Taiwan dollar or the U.S. dollar, a choice that will determine how deeply it tests the island’s currency controls.
Group of EU banks pushes for a euro-pegged stablecoin by 2027

The entity formed by 10 banks is working on obtaining regulatory approval from the Dutch Central Bank to launch a stablecoin “in the second half of 2026.”
US FDIC set to unveil its first GENIUS Act stablecoin guidelines this month

US Federal Deposit Insurance Corporation Chairman Travis Hill has confirmed that his agency will propose a new application framework for stablecoin issuers later this month.
Sony Bank Prepares US Stablecoin Launch to Expand Digital Asset Reach

Institutional momentum in regulated crypto infrastructure accelerated as Sony Bank moved toward U.S. stablecoins and digital assets, signaling a push toward enterprise-scale adoption backed by a deepening partnership with Bastion. Sony Bank Pushes Stablecoin Path to Drive Enterprise Digital Assets Growing institutional demand for regulated crypto infrastructure advanced on Dec. 1 as Sony Bank Inc.
PlayStation Goes Crypto? Sony Reportedly Set To Launch U.S. Dollar-Pegged Stablecoin Next Year

78-year-old Japanese electronics giant Sony, the maker of PlayStation, is the latest legacy megacorp to explore stablecoin issuance.
China Vows To Intensify Crackdown On Crypto, Including Stablecoins, Amid Resurfacing Speculation

China intends to keep a tight grip on cryptocurrencies and stablecoins, reaffirming its stance that digital assets have no legal status in the country.