South Korea is looking to introduce KRW-pegged stablecoins, digital units tied to the Korean won (KRW), as a stable alternative to volatile cryptocurrencies. However, political hurdles are slowing […]
Stripe and Fireblocks Drive Growth in Global Stablecoin Market
The global race to dominate the stablecoin market is heating up as companies like Stripe and Fireblocks make significant strides. These players are poised to revolutionize international payments […]
Ethereum’s Stablecoin Surge: Driving Buying Momentum Across Crypto
Ethereum is witnessing a record-breaking surge in stablecoin inflows, pushing its total supply to over $165 billion and fueling market momentum. This influx of capital is creating bullish […]
ICBC (Asia) and HSBC Target Hong Kong Stablecoin License
Two major financial institutions, ICBC (Asia) and HSBC, are gearing up to join the ranks of those seeking stablecoin licenses under the framework established by the Hong Kong […]
Hong Kong Banks Seek Stablecoin Licenses, Signaling Shift Towards Regulated Crypto
Major Hong Kong banks, including ICBC Asia and HSBC, are aiming to obtain stablecoin licenses from the Hong Kong Monetary Authority (HKMA). This move signifies a growing institutional […]
HSBC & ICBC Aim For Hong Kong Stablecoin Licenses
Two major banks, HSBC and ICBC (Asia), have indicated interest in obtaining stablecoin licenses under Hong Kong’s upcoming regulatory framework. This marks a significant step toward institutional involvement […]
Stablecoin Competition Heats Up as Hyperliquid Announces USDH Launch
Hyperliquid is gearing up to launch its own stablecoin, USDH, and the race is on for companies vying to issue it. Leading stablecoin issuers Paxos, Frax Finance, and […]
Tether’s Bitcoin Holdings Show Growth, Not Sales – Rumors Debunked
Rumors of Tether selling Bitcoin for gold have been circulating recently, sparking concern about the stability of the largest stablecoin. However, a closer examination of Tether’s Q2 balance […]
Binance Cuts Ethereum Reserves, HashKey Invests in Asian Ecosystem, Ethena Eyes USDH Stablecoin Launch
Crypto exchange Binance reduced its Ethereum holdings by over 30% in September, moving $130 million from ETH to Bitcoin. This move comes after a previous sell-off earlier in […]
Ethereum Stablecoin Supply Surges to Record $172.2 Billion
Ethereum’s stablecoin supply reached a historic high of $172.2 billion last week, signaling growing institutional interest and liquidity within the ecosystem. Notably, daily inflows surged by nearly $1 […]
Asia’s Stablecoin Push Accelerates: Japan, China, and India Explore Regulatory Approaches
Stablecoins are experiencing a surge of interest across Asia, with Japan, China, and Hong Kong at the forefront of this revolution. These digital currencies offer an appealing solution […]
Ethereum Stablecoin Supply Hits New High, Reaches $165 Billion
Ethereum has reached a new milestone in its stablecoin ecosystem, with the total value of cryptocurrencies tied to it exceeding $165 billion for the first time ever. This […]
Tether Explores Won-Based Stablecoin in South Korea
Tether, the company behind the popular stablecoin USDT, has taken a significant step forward with its exploration of a won-based stablecoin in South Korea. This move signals a […]
ICBC Asia and HSBC Pursue Stablecoin Licenses in Hong Kong
Two major players in the financial world, ICBC Asia and HSBC, are demonstrating their commitment to stablecoins by applying for licenses from the Hong Kong Monetary Authority (HKMA). […]
Hong Kong Embarks on Limited Stablecoin License Pilot Program
The Hong Kong Monetary Authority (HKMA) is initiating a limited pilot program for stablecoin licenses, granting approvals to only a select group of institutions. This cautious approach reflects […]