It is evolving from a global payment network into a digital currency infrastructure platform. VSP connects stablecoins, tokenized deposits, and AI Agent payments into a unified, institution-grade operating environment.

SWIFT’s shared ledger represents the traditional financial system proactively adopting blockchain technology, aiming to reconstruct the future global settlement infrastructure through tokenized deposits and institutional-grade digital networks.

Circle's flagship product USDC and its underlying asset custody infrastructure are now formally integrated into the U.S. federal regulatory framework.

On June 30, 2026, Open Standard announced the launch of a new dollar-pegged stablecoin (Open USD, OUSD). On the day of the announcement, the stock price of USDC issuer Circle (NYSE: CRCL) experienced a decline of approximately 15% to 18%. Despite not being officially launched and having zero circulating supply, the release of OUSD has captured market attention.

On March 20 of this year, the Senate Banking Committee reached a legislative compromise — the Tillis-Alsobrooks Compromise. This bipartisan agreement targeting the CLARITY Act addresses the biggest conflict between the banking and crypto industries over the past year: Should stablecoins be permitted to generate yields? Moving from an initial blanket ban to the current classification policy on interest-bearing stablecoins, the regulatory stance is evolving.