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Quantoz holds an electronic money institution license issued by the Dutch central bank. The three electronic money tokens it issues, USDQ, EURQ, and EURD, are all subject to the electronic money regulations of the European Economic Area. The reserves are stored in a dedicated account under a bankruptcy-remote fund structure at a 1:1 ratio and must additionally maintain at least a 2% reserve buffer on the balance sheet.

According to CoinDesk, Bridge, a stablecoin infrastructure company under Stripe, announced on Tuesday that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank.This means that Bridge's national trust bank will be able to issue stablecoins, custody digital assets, and manage reserve assets under federal direct supervision. This marks a key step in Stripe's blockchain payment strategy since its acquisition of Bridge for $1.1 billion in 2024.Bridge stated that this approval establishes its capability to build digital dollar products for businesses, fintech companies, crypto institutions, and traditional financial institutions within the federal framework. Bridge claims that its system complies with the regulatory standards set by the GENIUS Act passed last year. Although the OCC, the Federal Reserve, and the FDIC have not yet finalized the specific implementation regulations for the act, the related processes are underway. Bridge is one of the growing number of companies seeking to build stablecoin products within the federal regulatory framework.In December last year, Circle, Ripple, Paxos, Fidelity Digital Assets, and BitGo all received similar conditional approvals from the OCC; Erebor Bank also received a conditional national bank charter in October last year. Bridge submitted its application in October last year, and OCC records show it was approved last week.Currently, Bridge provides stablecoin issuance technical support for products such as Phantom's CASH and MetaMask's mUSD through Stripe's Open Issuance platform. The OCC has not yet announced a timeline for final approval.

According to SoSoValue data, yesterday (Eastern Time, February 17), the XRP spot ETF had no net inflow or outflow throughout the day, showing a zero change status.As of the time of writing, the total net asset value of the XRP spot ETF is $1.064 billion, with an XRP net asset ratio of 1.17%, and the historical cumulative net inflow has reached $1.229 billion.

According to official news, the cross-border payment platform Payoneer announced that it will provide its nearly 2 million customers with the ability to hold, send, and receive stablecoins through a partnership with stablecoin infrastructure provider Bridge.It is reported that Bridge is dedicated to enabling businesses to quickly, securely, and conveniently integrate stablecoin payment processes into their existing products. This collaboration will help Payoneer users directly use stablecoins for cross-border payments and settlements within their familiar product experience.

CryptoQuant data shows that although the outflow of funds during the bear market has slowed, currently $47.5 billion in stablecoins is concentrated on a single trading platform—Binance still accounts for 65% of the stablecoin liquidity across all trading platforms.

According to official news, the TON Foundation has partnered with the cryptocurrency infrastructure provider Banxa (a subsidiary of OSL Group) to provide regulated stablecoin payment infrastructure to thousands of small and medium-sized enterprises in the Asia-Pacific region.This collaboration will make TON the operational payment layer for actual business activities in the Asian region. Through OSL's merchant and institutional network and Banxa's payment channels, small and medium-sized enterprises in the Asia-Pacific region can now use TON for practical payment processes such as inter-business settlements, cross-border transactions, and consumer-to-merchant payments.Banxa is responsible for handling the conversion between local currencies and digital assets. TON's peer-to-peer payment infrastructure has been widely used in the region, and this partnership will extend it to enterprise-level business use cases.

CryptoQuant posted on platform X that currently, $47.5 billion in stablecoins is concentrated on a single exchange. Binance holds 65% of the stablecoin liquidity across all exchanges, while competitors still lag far behind, even as outflows have slowed in the bear market. Funds have not left the crypto space; instead, they are concentrating.

According to Financefeeds, stablecoin infrastructure provider BVNK has obtained a Crypto Asset Service Provider (CASP) license issued by the Malta Financial Services Authority (MFSA), allowing it to offer digital asset services regulated under the EU's Markets in Crypto-Assets Regulation (MiCA) in Malta and expand these services across the European Economic Area (EEA).This license enables BVNK to operate under the EU's unified regulatory framework for crypto and digital asset service providers. BVNK stated that this approval strengthens its role as a regulated bridge between traditional euro payment rails and stablecoin settlements, primarily targeting businesses seeking compliant cross-border settlement solutions.

According to CoinDesk, Agant CEO Andrew MacKenzie stated that the direction of the UK's crypto regulatory framework is correct, but the pace of advancement is insufficient to support the country's ambition to become a global digital asset hub.MacKenzie believes that the UK government has repeatedly committed to positioning London as a global center for crypto and digital asset activities. However, comprehensive legislation covering stablecoins and broader crypto activities is not expected to receive parliamentary approval until later this year, with formal implementation possibly waiting until 2027.Agant plans to issue a stablecoin called GBPA, which is fully backed 1:1 by the British pound. The company has currently registered with the Financial Conduct Authority (FCA) in the UK, indicating its intention to target institutional investors rather than the retail cryptocurrency market. Agant has positioned GBPA as the infrastructure for institutional payments, settlements, and tokenized assets.

According to Cointelegraph, the President of the German Central Bank, Joachim Nagel, stated that stablecoins pegged to the euro would provide Europe with more independence, allowing it to move away from dollar-pegged stablecoins that are set to be approved under the "GENIUS Act."Joachim Nagel, the President of the Deutsche Bundesbank (German Central Bank), supports the launch of a central bank digital currency pegged to the euro as well as payment-type stablecoins denominated in euros. In a preparatory speech at the American Chamber of Commerce's New Year reception in Frankfurt on Monday, Nagel mentioned that EU officials are "working hard" to advance the rollout of retail central bank digital currencies. He believes that euro-denominated stablecoins will also help "make Europe more independent in terms of payment systems and solutions.""It is worth noting that wholesale central bank digital currencies will enable financial institutions to make programmable payments using central bank money," Nagel stated. "I also see the value of euro-denominated stablecoins, as they can allow individuals and businesses to make cross-border payments at a low cost."Nagel's remarks come months after U.S. President Trump signed a bill to establish a regulatory framework for payment-type stablecoins in the country. This legislation could pose a challenge to any potential euro-pegged stablecoins. The law is expected to be fully implemented 18 months after signing or 120 days after relevant regulations are finalized. The German central bank president's comments on stablecoins did not mention the risks he referred to at the Euro50 Group meeting last week.Nagel warned that if the market share of dollar-denominated stablecoins significantly exceeds that of euro-pegged stablecoins, domestic monetary policy "could be severely compromised, not to mention that Europe's sovereignty could be weakened."

According to Jinshi News, ECB Governing Council member Nagel stated that euro-denominated stablecoins could facilitate cheap international transfers, complementing the European Central Bank's efforts to promote the digital euro.He pointed out that Europe must become more independent in its payment systems and emphasized the importance of creating a digital euro. Nagel mentioned that euro-denominated stablecoins could be used by individuals and businesses for low-cost cross-border payments, indicating that the ECB's attitude towards this area is becoming more open.

According to the recruitment information on the Charles Schwab official website, the company is hiring a product manager (senior manager) for digital assets and stablecoin-related businesses.It is reported that the digital asset business department is building crypto products for retail clients, covering account opening, fund circulation, crypto trading, and on-chain transfers, and will focus on the strategy, implementation, and user experience optimization of stablecoin products.

According to CoinDesk, the U.S. Senate's cryptocurrency market structure bill has stalled over issues related to stablecoin yields.Bankers insist on a complete ban on stablecoin yields, arguing that it threatens bank deposit operations; the Digital Chamber of Commerce released a principles document today in response, willing to forgo interest on static holdings of stablecoins but insisting on retaining reward mechanisms related to liquidity provision and ecosystem participation, especially in the DeFi space. The White House has urged both sides to reach a compromise by the end of the month and may schedule a new round of meetings next week. Digital Chamber of Commerce CEO Cody Carbone stated that if bankers refuse to negotiate, the status quo will be the continued existence of reward mechanisms.

According to TASS, Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, stated at the Alfa Talk conference that the Central Bank of Russia plans to conduct a study on the feasibility of creating a Russian stablecoin in 2026.Chistyukhin mentioned that the traditional stance of the Central Bank of Russia does not allow such operations, but considering the practices of multiple countries, it will reassess the related risks and prospects, and submit the research results for public discussion.

According to the Hong Kong Economic Journal, the newly appointed president of the Hong Kong Institute of Certified Public Accountants, Lo Chok-kin, stated that guidelines are being developed to help the accounting and business sectors understand how to handle virtual assets in accounting. The first part of the guidelines, which involves virtual currencies and stablecoins, has been issued, while the second part, which has not yet been announced, relates to the auditing requirements for stablecoins set by the Hong Kong Monetary Authority. The Institute is currently in discussions with the Hong Kong Monetary Authority on this matter, and it is expected to be released within six months. The third part of the virtual asset accounting guidelines aims to be launched by the end of the year at the earliest, but it will still require communication and consensus with regulatory bodies and the industry before it can be released.

According to the Financial Times, Tether net purchased $28.2 billion in U.S. Treasury bonds in 2025, becoming the seventh largest foreign buyer, with its holdings surpassing those of countries like South Korea and Saudi Arabia, alongside Circle. U.S. Treasury Secretary Scott Bessent believes stablecoins are tools for promoting the dollar and absorbing U.S. debt, expecting the industry to grow from its current $300 billion to $3 trillion.Currently, the banking industry and the cryptocurrency sector are competing over stablecoin regulations. JPMorgan CEO Jamie Dimon and Coinbase CEO Brian Armstrong have disagreements on related terms. The banking sector is concerned that allowing third parties to pay interest on stablecoins will lead retail deposits to flow into stablecoins, thereby increasing financial risk. This standoff has caused divisions among Trump supporters, involving conflicts of interest between Wall Street banks and cryptocurrency industry donors.

According to market news, the decentralized derivatives exchange Decibel, incubated by Aptos Labs, announced the launch of its protocol-native stablecoin USDCBL before its mainnet goes live this month. This token is issued by Bridge and aims to serve as collateral for on-chain perpetual contracts, retaining the earnings generated from cash and U.S. Treasury reserves within the protocol.Decibel stated that users will need to deposit USDC and exchange it for USDCBL for trading after the launch. The USDCBL reserves are supported by a mix of cash and short-term U.S. Treasury bonds, and the reserve earnings will be used for protocol development and ecosystem building, reducing reliance on trading fees and incentive programs. The foundation emphasized that this move is not "issuing another stablecoin," but positioning USDCBL as a core exchange infrastructure.

Coinbase stated in its letter to shareholders that it will focus on three key priorities in 2026:Developing a comprehensive trading platform: Expanding Coinbase into the only trusted platform for customers to trade a variety of assets (cryptocurrencies, derivatives, stocks, and prediction markets), helping customers manage larger portfolios and deepen engagement.Expanding stablecoins and payments: Accelerating the utility of USDC and the payment tech stack (APIs, wallets, and merchant channels) to make value transfer faster, cheaper, and more convenient, while seizing the next opportunity. A wave of real-world applications beyond trading.Bringing the world on-chain: Simplifying and making on-chain experiences more accessible by expanding DeFi integrations in the Coinbase app and focusing more on trading to enhance the Base app. Coinbase's infrastructure continues to drive growth in the activity on the Base platform, so increased usage also relies on Coinbase's infrastructure. Coinbase enters 2026 with strong product development momentum and a clear strategy.

According to Jinshi, U.S. stock index futures showed little change after the initial jobless claims data was released, with the market reacting calmly.