Dollar-backed stablecoins could pressure local currencies when exchanges allow direct fiat purchases, a Bank of Korea study found. Researchers examined 12 currencies on Binance, including Brazil’s real, and tracked trading...
Singapore’s central bank has laid out detailed new rules for stablecoin issuers, and companies in the space now have to decide whether the official seal of approval is worth the...
Polygon co-founder Sandeep Nailwal has launched a crypto donation campaign to support Nepal’s government relief fund after a devastating glacier-related disaster. Nailwal announced the campaign on September 4, giving global...
Nepal faces a preliminary flood recovery bill of $4 billion to $5 billion after the Aug. 26 disaster damaged roads, bridges, hydropower plants, and tourism assets. The estimate equals nearly...
Japan’s FSA (Financial Services Agency) has proposed a tax filing exemption for trust-type stablecoins as part of its 2027 tax reform plan. If it gets the green light, the change...
Twenty-one financial institutions are joining forces to develop a dollar-pegged stablecoin, marking a major push by traditional banks into digital payments. Goldman Sachs, Bank of America, Citi and Deutsche Bank...
The UAE is becoming a leader in the stablecoin market because it has clear regulations, institutional support, and a plan to use both dollar- and dirham-backed stablecoins, according to Arthur...
Argentina’s crypto market increasingly looks less like a bet on digital assets and more like a digital extension of the country’s long-running demand for U.S. dollars. About 94% of peso-denominated...
Stablecoins are moving from the edges of finance into mainstream payment systems, making traditional banks rethink a technology they once saw mainly as a threat. According to sources, some major...
Payment giant Visa’s latest partnership in South Korea has once again brought stablecoins into the spotlight. But now, the focus is shifting to its potential impact in countries like India....
For years, the Bank of England (BoE) took a cautious stance on stablecoins. Crypto firms complained that the BoE’s rules were too strict and discouraging innovation in the UK. Now,...
Circle minted about $5 billion in USDC over the past week, pushing the stablecoin’s circulating supply to nearly $74 billion as demand for dollar-linked digital assets grows. USDC’s circulating supply...
Stablecoin supply has returned above $303 billion, giving crypto markets a larger pool of dollar-linked assets. Yet the total does not show how much capital is reaching exchange order books...
Elon Musk’s X social media platform is exploring the use of stablecoins such as USDC as a primary means of paying content creators. The platform is reportedly considering this change...
Stablecoins were supposed to route around card networks entirely, cutting out the middleman fees that Visa and Mastercard have collected for decades. Instead, the data from July suggests something opposite...
Tether completes its first full audit with KPMG, offering fresh insight into its reserves, finances and long-running transparency concerns.
FATF’s new DeFi test shifts attention to real control, giving regulators more tools to scrutinize protocols, governance and stablecoin activity.
Amid the growing popularity of stablecoins, India is increasingly exploring the launch of a rupee-backed cryptocurrency despite the government’s cautious stance. With this move, the country intends to bring the...
Despite the remarkable growth of the Indian crypto market, Indian traders still use dollar-backed stablecoins like USDT and USDC. While this creates currency risks, industry leaders highlight the significance of...
Binance APAC Head SB Seker believes India needs its own rupee-pegged stablecoin, arguing it would let Indian users and institutions hedge against dollar volatility instead of remaining exposed to currency...
The U.S. GENIUS Act is giving banks, payment companies and blockchain firms their clearest federal rules yet for issuing payment stablecoins, a move that could accelerate the use of digital...
The UK Financial Conduct Authority says stablecoins currently offer their clearest payment value in cross-border transfers. The regulator published findings from its March Stablecoin Sprint after consulting banks, payment firms,...
Samsung outlined a new direction for Samsung Wallet during its Galaxy Unpacked event, revealing plans to expand the platform beyond traditional payment features to include stablecoins. While the functionality has...
South Korea’s government convened its first official forum on stablecoin legislation on Tuesday, with Deputy Prime Minister and Finance Minister Koo Yun-cheol presiding over discussions that signal a push to...
A year after the U.S. GENIUS Act became law, the biggest question isn’t whether Tether’s USDT will comply with the rules. It’s whether the law will create two separate stablecoin...