Business
Visa offers stablecoin settlement for US banks using Circle’s USDC
Visa is opening its US network to stablecoin settlement, expanding crypto-linked products and services enabled by the relaxed regulatory…
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stablecoin
Business
Hong Kong stablecoin stocks slump after PBOC vows cryptocurrency crackdown
Hong Kong-listed stocks with cryptocurrency-related businesses tumbled on Monday (Dec 1) after China’s central bank vowed to crack down on…
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Tether stablecoin stability rating reduced to ‘weak’ at S&P
A crash in Bitcoin’s price this month has left the asset on track for its worst monthly performance The ability of Tether’s USDT…
Business
British stablecoin regime to keep pace with US, official says
The UK central bank will unveil its proposed regime on stablecoin regulations on Monday Bank of England (BOE) deputy governor Sarah…
Business
XDC Ventures Acquires Contour Network, Launches Stablecoin Lab to Redefine Cross-Border Finance
In a significant move for institutional blockchain adoption globally, XDC Ventures, the investment arm of XDC Network has recently…
Business
Chinese tech giants pause stablecoin plans after Beijing steps in
The government raised concerns about the rise of currencies controlled by the private sector, says the Financial Times CHINESE tech…
Business
UK targets end-2026 for stablecoin rules to keep pace with US
The Bank of England (BOE) is aiming to have new stablecoin regulations in place by the end of next year, as policymakers around the world…
Business
Bank of England will lift stablecoin limits once threat to economy eases
The remarks represent a major softening in the BOE’s approach after experts raised concerns that proposed limits on holdings would hinder…
Business
European banks to launch euro stablecoin in bid to counter US dominance
The new Amsterdam-based company is expected to launch its stablecoin in the second half of next year A consortium of nine European banks,…
Business
Singapore, Hong Kong want a slice of the US$250 billion stablecoin pie
Regional financial centres Singapore and Hong Kong are both aiming to capture a piece of the US$250 billion stablecoin market. On Aug 1,…
Business
Stablecoin growth is hampered by nagging foreign exchange costs
Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging…
Business
First Hong Kong stablecoin licences may be issued early next year, HKMA says
The first batch of Hong Kong stablecoin issuer licences is expected to be granted early next year, the Hong Kong Monetary Authority (HKMA)…
Business
Citigroup looks to issue its own stablecoin to smooth payments
Citigroup is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by traditional banks to…
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Stablecoin has long road to mainstream payments, Mastercard says
For all the hype around stablecoins, they are a long way from becoming a viable everyday payment tool, according to Mastercard’s chief…
Business
Trump-backed crypto firm is planning stablecoin audit, new app
Zak Folkman, the co-founder of US President Donald Trump’s cryptocurrency platform World Liberty Financial (WLF), said on Wednesday (Jun…
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Coinbase launches stablecoin payments service for e-commerce
Coinbase Global is launching a platform designed to make stablecoins a go-to payment method for online transactions, a potentially big…
Business
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people…
Business
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
France’s Societe Generale said on Tuesday (Jun 10) it plans to launch a publicly tradable, dollar-backed stablecoin through its digital…
Business
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding…
Business
Fidelity tests stablecoin in latest Wall Street blockchain push
Fidelity Investments is testing a stablecoin, as large financial firms continue to dive into one of crypto’s fastest-growing sectors.…
Business
Trump’s World Liberty Financial crypto venture to launch stablecoin
Donald Trump’s World Liberty Financial crypto venture will launch a US dollar-pegged stablecoin, it said in a statement on Tuesday, after…
Business
Crypto firms including Robinhood, Kraken launch global stablecoin network
A CONSORTIUM of financial technology and cryptocurrency companies including Robinhood, Kraken and Galaxy Digital on Monday (Nov 4)…
Business
Circle raises fees despite rising stablecoin market competition
FOR the second time in less than a year, Circle Internet Financial has increased the fees it charges to cash out holdings of its USDC…
Business
Stripe confirms plans to acquire stablecoin platform Bridge
STRIPE co-founder and chief executive officer Patrick Collison confirmed in a X post on Monday (Oct 21) that the payments company plans to…