Editor - Alex
June 27, 2026
From AllScale this week: we secured a strategic investment from Animoca Brands, and our AllScale Checkout plugin for WordPress is now live. Both are below.
Fed Governor Christopher Waller opened the Fed’s Fifth Conference on the International Roles of the Dollar (June 22, co-hosted with the New York Fed) saying stablecoins “have the potential to maintain and extend the role of the dollar internationally.”
He pointed to retail and cross-border payments as the most immediate use cases, and the conference featured research on how dollar stablecoins channel global liquidity demand into U.S. Treasury markets.
When a sitting Fed governor frames stablecoins as dollar infrastructure rather than a crypto sideshow, it signals that regulated dollar tokens are now part of the official conversation about how money moves across borders.
Total stablecoin supply is holding near $314B - Market trackers put total stablecoin supply around $314 billion, with Tether's USDT near $186 billion and Circle's USDC near $74 billion as of late June (DefiLlama). The pool of usable on-chain dollars is now deep enough to run real payment and treasury flows on, not just trading.
Japan’s Financial Services Agency approved RLUSD as an “electronic payment instrument” under the Payment Services Act, letting SBI VC Trade offer it to both institutions and retail on its VCTRADE platform.
The launch delivers on an August 2025 MOU and builds on a Ripple–SBI relationship dating to 2016; RLUSD sits around $1.7 billion in market value, well behind USDT (~$186B) and USDC (~$74B).
Clearing a foreign dollar stablecoin for retail use in Japan is a real distribution win, and it lands the same month Mastercard added RLUSD to its settlement network, showing how much regulatory approval now drives where a stablecoin can actually be used.
Binance withdrew its MiCA license bid in Greece but says it is staying in Europe - Binance pulled its application for a MiCA license in Greece while insisting it will keep operating across the bloc, a reminder that licensing routes under MiCA are still being tested in real time.
Animoca Brands took a strategic stake in AllScale, with the two planning to explore payments, settlement, and treasury across Animoca’s 600+ portfolio companies, plus agentic payments where AI agents transact on their own.
AllScale runs an end-to-end stablecoin stack across checkout, payroll, invoicing, and pay-in/pay-out, with self-custodial settlement, automated cross-chain conversion, and built-in KYT, supporting more than 1.5 million registered wallets.
The bet is that regulated stablecoins become the native settlement layer for both cross-border business payments and the emerging world of AI agents that pay each other directly.
🌍 This is exactly the lane AllScale is built for: moving real money across borders in stablecoins, with compliance and self-custody baked in. See how AllScale can help your team pay, invoice, and scale globally.
Kraken and Maple launched a new onchain lending facility that lets institutions borrow USDC against BTC and ETH, using a “warehouse” credit structure borrowed from traditional finance.
Maple supplies the senior funding while Kraken keeps an equity stake in each deal, with collateral held by Kraken Financial, its Wyoming-chartered qualified custodian; the tokenized credit market has grown to roughly $6.2 billion.
It is another sign that stablecoins are becoming the settlement currency for institutional credit, with loan and collateral data tracked onchain rather than buried in monthly statements.
Invesco filed for a GENIUS-compliant stablecoin reserve fund - Invesco filed with the SEC to launch the Invesco Stablecoin Reserves Onchain Fund, a constant-$1, Rule 2a-7 government money market fund aimed at issuers that need compliant reserves. It is one more sign that managing stablecoin reserves is becoming its own institutional product line, following Morgan Stanley’s move into the same lane.
AllScale Checkout is live as a WooCommerce gateway on WordPress: customers pay in crypto, and the merchant settles in USDT directly to a self-custody wallet, with support for block-based checkout and HPOS.
Pricing is 0.6% per transaction ($0.10 minimum), with no rolling reserve and no merchant account in the middle, plus built-in Auto-KYT screening and per-order on-chain records for reconciliation.
For the millions of stores running WooCommerce, this turns “accept stablecoins” into a standard plugin install rather than a custom integration, while keeping the merchant in control of their own funds.
Oobit integrated Brazil’s Pix so users can deposit reais, hold the balance in USDT, and pay any Pix key or QR code from inside one app.
The flow is native: the transfer completes within the standard Pix experience while the blockchain settlement runs in the background; Oobit raised $25M in 2024 from Tether and Solana’s Anatoly Yakovenko.
Plugging stablecoins into an instant payment rail that nearly every Brazilian already uses is how USDT moves from a trading asset to everyday money in a major economy.
👋 That’s your stablecoin scoop for the week!
Until next time — AllScale Weekly
👉 Learn how AllScale can help your team pay, invoice, and scale globally
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