Joseph, a former Citi crypto research head, has defended Tether’s stability in response to Arthur Hayes’ critique. While Hayes raises concerns about the stablecoin issuer’s reserve disclosures, Joseph […]
Sony to Launch Its Own USD Stablecoin by 2026: A New Payment Revolution in Entertainment
Sony Bank is set to launch its own U.S.-dollar-pegged stablecoin, targeting a market disruption in the entertainment industry. The token will be integrated into Sony’s vast ecosystem encompassing […]
Sony Unveils Dollar-Backed Stablecoin Project by 2026
Sony Bank, the financial arm of Japanese multinational conglomerate Sony, is set to launch a dollar-backed stablecoin within the U.S. marketplace as early as fiscal year 2026, according […]
Sony Bank Launches USD Stablecoin for Seamless Payments Across Games and Anime
Sony Bank is set to revolutionize digital payments within its entertainment ecosystem with the launch of a US dollar-pegged stablecoin in fiscal 2026. The move represents a major […]
South Korea Targets Digital Asset Legislation by 2026
South Korean lawmakers are on track to enact a comprehensive digital asset framework known as the Basic Law on Digital Assets by January 2026. This legislation will introduce […]
Sony to Launch US-Dollar Pegged Stablecoin for PlayStation & Digital Transactions
Sony Bank is preparing to launch a stablecoin pegged to the US dollar in the United States as early as 2026, potentially revolutionizing how millions of PlayStation users […]
Sony to Launch Dollar-Pegged Stablecoin in US, Revolutionizing Digital Payments
Tech giant Sony is taking a bold step into the world of digital finance with plans to launch a dollar-pegged stablecoin within its own ecosystem. The company aims […]
Arthur Hayes Raises Concerns Over Tether’s Reserve Management, Threatening Stability
Crypto industry veteran Arthur Hayes recently criticized Tether’s asset strategy in a Twitter post, sparking concerns about the stability of the popular stablecoin, USDT. Hayes, formerly CEO of […]
Sony to Launch Stablecoin in U.S. by 2026, Targeting Gaming and Anime Transactions
Sony Bank is preparing to launch a dollar-pegged stablecoin for US users by the 2026 fiscal year. This move aims to simplify payments within the Sony ecosystem, particularly […]
Sony Bank to Launch U.S.-Dollar Stablecoin by 2026
Sony Bank is poised for a significant foray into the digital asset economy with plans to launch a U.S.-dollar stablecoin as early as fiscal 2026, according to a […]
China Reasserts Crypto Ban Amid Resurfaced Speculation
China’s central bank has reignited its crackdown on crypto trading by highlighting the risks associated with stablecoins and reaffirming a ban in place since 2021. The People’s Bank […]
Tether’s U.S. Treasury Profits Raise Questions About Asset Liquidity
Tether, the leading stablecoin issuer, recently disclosed substantial holdings of U.S. Treasury bonds worth $135 billion, generating consistent profits estimated at over $500 million monthly. This disclosure fueled […]
Sony Unveils $4.5k Stablecoin Plan: Reshaping Entertainment Economy
Sony has revealed plans for a groundbreaking stablecoin initiative, set to redefine the way fans engage with its vast entertainment ecosystem. The company, known for PlayStation games and […]
Kyrgyzstan Unveils Gold-Backed Stablecoin for Cross-Border Payments
Kyrgyzstan has launched USDKG, a groundbreaking gold-backed stablecoin pegged 1:1 to the U.S. dollar, with an initial issuance of $50 million. This innovative token, issued on the Tron […]
China Enforces Strict Crypto Ban, Tightening Control over Stablecoin Activity
China has reinforced its stance on cryptocurrencies by prohibiting all trading and related activities. The People’s Bank of China (PBoC) announced a renewed ban, emphasizing stricter enforcement measures […]