Morning Minute: A Big Day for Stablecoins

Morning Minute is simply a regular newsletter written by Tyler Warner. The investigation and opinions expressed are his ain and bash not needfully bespeak those of Decrypt. Subscribe to the Morning Minute on Substack.

GM!

Today’s apical news:

• Crypto majors mostly chop connected day; BTC astatine $87,000

• Visa expanded its stablecoin colony to U.S. banks, leveraging Solana

• FDIC greenlights connection showing however U.S. banks tin contented their ain stables

• Rainbow Wallet announces TGE for Feb 5, 2026 on with airdrop

• Cantor Fitzgerald calls for $200B+ terms people connected HYPE successful caller report

Two abstracted announcements contiguous pointed successful the aforesaid direction.

Stablecoins are moving deeper into the U.S. fiscal system.

First, Visa expanded its USDC colony programme to U.S. banks, enabling participating institutions to settee obligations utilizing Circle’s USDC connected Solana.

The enlargement allows banks and outgo firms to determination funds extracurricular of accepted banking hours, with onchain colony finality and integration into Visa’s existing treasury and reconciliation systems.

Visa has antecedently tested stablecoin colony internationally and with prime partners, but this marks a broader U.S. rollout.

Visa Begins US Stablecoin Settlement via USDC connected Solana

At the aforesaid time, the FDIC approved a projected rulemaking to instrumentality the GENIUS Act, outlining however FDIC-supervised banks could contented outgo stablecoins done subsidiaries.

The connection describes exertion requirements, governance standards, reserve and liquidity expectations, and ongoing supervisory oversight.

Banks would beryllium required to support high-quality reserves backing issued stablecoins and run wrong defined risk-management and compliance frameworks.

“Visa is expanding stablecoin colony due to the fact that our banking partners are not lone asking astir it—they’re preparing to usage it” - Visa’s Global Head of Growth Products and Strategic Partnerships Rubail Birwadker

“Fintech and crypto innovators progressively inquire america to bring stablecoins into their existing merchandise suite.” - Gilles Gade, founder, president, and CEO of Cross River Bank

Stablecoins are progressively being treated arsenic payments infrastructure alternatively than a niche crypto product.

Visa’s enlargement shows however ample outgo networks are integrating stablecoins into existing systems, portion the FDIC’s connection outlines the model banks would usage to contented and negociate them.

The operation matters.

Institutional adoption tends to accelerate erstwhile ample fiscal intermediaries and regulators determination successful the aforesaid direction.