A weekly summary by Messari highlights significant developments in the stablecoin sector. Notably, India has signaled openness to establishing a regulatory framework for stablecoins, marking a potential shift in the country's stance. In the corporate sector, US Bank is piloting bank-issued stablecoins on the Stellar network, and payment giant Klarna is reportedly preparing a USD-backed stablecoin on Tempo. Additionally, Paxos has acquired Fordefi to strengthen its infrastructure capabilities. These moves indicate a broadening integration of stablecoin technology into traditional banking and fintech. The diverse range of activities—from pilots to acquisitions—suggests continued institutional interest despite market fluctuations.