Major Japanese banks are taking the lead by issuing their own stablecoins, designed for everyday commercial use. This innovative move aims to streamline financial transactions within the country […]
Fed Criticizes GENIUS Law for Flaws Exposing Stablecoin Risks
The Federal Reserve has voiced concerns about the GENIUS law’s regulatory framework, highlighting key gaps that expose stablecoins to systemic risks. Michael Barr, a Fed governor, pointed out […]
Tether Freezes $13.4 Million in USDT Amidst Regulatory Actions
Tether, the stablecoin issuer, has frozen a significant amount of USDT ($13.4 million) across Ethereum and TRON networks due to flagged addresses identified by blockchain monitoring platform MistTrack. […]
Ray Dalio Weighs In on Bitcoin and Stablecoins in Investment Strategies
Bridgewater Associates founder Ray Dalio recently shared his perspectives on the role of Bitcoin and stablecoins within investment portfolios during an interview with Caixin. Dalio has held a […]
Connectia Trust Seeks US Banking Charter to Launch Stablecoins and Custody Services
Sony’s subsidiary Connectia Trust has officially filed for a U.S. national banking charter, paving the way for issuing USD-backed stablecoins and expanding digital asset custody services. This move […]
Hong Kong’s Stablecoin Regulation: Shifting from Innovation Frontier to Order Model
Hong Kong is undergoing a strategic shift in its stablecoin regulatory approach, moving away from an emphasis on speed and rapid innovation towards establishing institutional credibility. This has […]
Hong Kong’s Stablecoin Regulation: From Hype to Measured Cooling
Hong Kong’s stablecoin narrative experienced a swift shift from excitement to calculated control, mirroring the global evolution of digital finance. Regulatory adjustments in response to market dynamics highlight […]
BNY Focuses on Stablecoin Infrastructure, Rejects Token Issuance
Bank of New York Mellon (BNY) is expanding its involvement in the stablecoin market but has no immediate plans to launch its own token. Instead, the world’s largest […]
Trust Wallet Launches Plasma Network Integration for Efficient Stablecoin Transactions
Trust Wallet has made a strategic move by integrating the Plasma Network, enabling users to handle stablecoins more efficiently with lightning-fast settlements and zero transaction fees effective October […]
CZ’s VC Arm Invests $50 Million in Stablecoin Innovator Better Payment Network
Better Payment Network (BPN), a startup developing stablecoin-based payment infrastructure, has received a significant funding boost of $50 million from YZi Labs, the venture arm formerly known as […]
BlackRock Launches Treasury Fund to Manage Stablecoin Reserves
BlackRock has announced the launch of a new fund aimed at managing stablecoin reserves, marking a significant step in the integration of digital assets into traditional finance. The […]
Anchorage Digital Introduces Global USD Wire Transfers: Enhancing Crypto Liquidity
Anchorage Digital has expanded its financial services by introducing global US Dollar wire transfers, a move poised to boost crypto liquidity. This new capability is anticipated to significantly […]
Anchorage Digital Launches Federally Regulated Stablecoin USDtb
Anchorage Digital Bank has taken a major step towards advancing stablecoin regulation by launching USDtb, the first nationally chartered stablecoin under the oversight of the Office of the […]
Paxos Makes $3 Trillion Mistake: 300 Trillion PYUSD Minted and Burned
A technical error at Paxos led to the accidental creation of 300 trillion PYUSD, momentarily impacting the stability of the stablecoin. The incident sparked concerns about control and […]
Bank of England: Stablecoin Caps Are Temporary Safety Nets
The Bank of England (BoE) has clarified that the proposed limits on stablecoins are temporary measures designed to ensure a smooth transition to a multi-money system. The BoE’s […]