Monthly report

State of Crypto Banking — July 2026

Covers 1 July 2026 – 31 July 2026. Generated automatically from verified items, the bank tracker, the deadline radar and DefiLlama data. Every number below is a count or figure from those sources; there are no forecasts.

verified items this month: 4
from regulators / central banks: 1
tracker status moves: 2
dated deadlines in next 90 days: 1

Key figures

4 verified items were published in July 2026: 1 Tier 1 (regulators, central banks, standard setters), 3 Tier 2 (banks, FMIs, networks), 0 Tier 3.
By jurisdiction: Global 2, AE 1, EU 1.
The bank tracker holds 30 initiatives: 14 commercially live (within stated scope), 8 with a regulator authorisation, 11 MiCA Art. 60 notifications, 3 at pilot stage.
Total USD-pegged stablecoin supply was $303bn on 2026-10-23 (-0.6% vs 2026-09-23), per DefiLlama.

Status moves

2026-07-08 · technical
Swift shared blockchain ledger for tokenised-deposit cross-border payments
Developing / partnership established
Ledger ready for initial use.
Swift (opens source in new tab)
2026-07-04 · regulatory
DDSC dirham stablecoin (with IHC, Sirius)
Approved / authorised
CBUAE NOC per issuer press release.
DDSC press release (distributed via Zawya) (opens source in new tab)

Regulatory and central-bank actions

1 Jul 2026T1RegulatorEU
Czech National Bank grants MiCA crypto-asset service licences to 11 entities
“After this date, only legal entities authorised by the competent supervisory authority of an EU Member State will be allowed to provide crypto-asset services throughout the European Union.”
Czech National Bank (opens source in new tab)

Bank and market adoption

16 Jul 2026T2Bank / FMIGlobal
Visa introduces platform for stablecoin minting, movement and management
“Today, Visa (NYSE: V) announced the Visa Stablecoin Platform (VSP) , a new enterprise platform designed to help financial institutions, fintechs, and crypto natives access stablecoin capabilities through a single Visa -managed environment.”
Visa (opens source in new tab)
8 Jul 2026T2Bank / FMIGlobal
Swift's blockchain ledger ready for initial use as 17 banks prepare tokenised cross-border payments
“The shared ledger provides participating banks with a secure orchestration layer for bank-issued tokenised deposits on their own ledgers, enabling them to move funds for customers -- including overnight and on weekends -- before completing final settlement through existing systems.”
Swift (opens source in new tab)
4 Jul 2026T2Bank / FMIMiddle East
DDSC dirham stablecoin receives CBUAE approval for selected VARA-regulated exchanges
“The UAE dirham-backed stablecoin is issued through the collaboration between IHC, First Abu Dhabi Bank (FAB) and Sirius International Holding, and settles on ADI Chain.”
DDSC (press release via Zawya) (opens source in new tab)

Deadlines ahead

Dated deadlines between 2026-07-31 and 90 days later, quoted from official texts.

16 Oct 2026 · MAS stablecoin framework (APAC) — MAS consultation on Payment Services Act amendments for stablecoins closed source (opens source in new tab)

Dates that fell this month: 1 Jul 2026 MiCA CASP transitional (grandfathering) period ends EU-wide.

Scorecard leaders

Readiness scores from verified statuses only; see the methodology.

Activity by jurisdiction

European Union / EEA 1 · United Arab Emirates 1

Method and sources

All items quote their primary source verbatim (string-matched before publication). Tracker statuses cite dated evidence. Metrics: DefiLlama Stablecoins API, fetched 2026-10-23 17:45 UTC. Methodology · Corrections · Data CC BY 4.0, cite “cryptobanking.news”.