August 8, 2025 | Daily Yield Episode 16

Friday's developments:

Corpay embeds Circle's USDC into payment stack: NYSE-listed payment giant processing $50B annually with 800K+ enterprise clients integrates USDC minting/redemption via Circle's APIs, enabling 24/7 settlement and real-time liquidity across 80+ countries through platform approach.

Ripple acquires Rail for $200M: Blockchain payments company doubles down on RLUSD stablecoin strategy by acquiring B2B payments platform projected to process 10% of $36B global stablecoin payments market, building full-stack enterprise ecosystem to compete with Circle and Tether.

Paxos settles $48.5M with NYDFS: $26.5M civil penalty + $22M compliance investment resolves legacy AML/due diligence deficiencies from BUSD-Binance partnership, reinforcing regulatory leadership after successfully redeeming $16B without incidents over 2.5 years ago.

Perfect for weekend listening - The Daily Yield is available on Spotify

Coming Tuesday: 

Stay Stable,

The Stabledash Team

_{This content is for informational purposes only and does not constitute financial, investment, or legal advice.}

Weekly Recap (August 4th to 7th)

Monday 8/4: Deutsche Bank's DWS backs Germany's first regulated EURAU stablecoin under MiCA framework, Samsung-Coinbase enable instant crypto purchases via Samsung Pay

Tuesday 8/5: SEC greenlights fully-backed stablecoins as cash equivalents for public companies, Ethena's USDE surges to $9.5B becoming world's #3 stablecoin

Wednesday 8/6: Coinbase launches embedded wallet SDK with 4.1% USDC yield, Remitly cuts remittance fees to under 1% via stablecoin integration

Thursday 8/7: Axal x MoonPay launch virtual accounts with 6-10% yields, OnRe debuts insurance-backed stablecoin with 14%+ returns on Solana