Tag: stablecoins
All news related to cryptocurrencies pegged to other assets, such as the US dollar.
Ripple, SBI to Launch RLUSD Stablecoin in Japan by Q1 2026
Reading Time: < 1 minuteRipple has partnered with Japanese financial giant SBI Holdings to bring its Ripple USD (RLUSD) stablecoin to Japan.
China Considers Yuan Stablecoins in Landmark Crypto Policy Shift
Reading Time: < 1 minuteIn a potential reversal of its strict crypto ban, China is exploring the creation of a yuan-backed stablecoin.
Wyoming Debuts First State-Issued Stablecoin Multiple Blockchains
Reading Time: < 1 minuteWyoming has launched the Frontier Stable Token (FRNT), the first US state-backed stablecoin. The token, pegged to the US dollar, is now live on seven blockchains.
Do Kwon Admits Guilt in Landmark Crypto Fraud Case
Reading Time: < 1 minuteIn a significant development for cryptocurrency regulation, Terraform Labs co-founder Do Kwon will plead guilty to two felony counts in New York federal court.
Banking Lobby Sounds Alarm Over Stablecoin Yield ‘Loophole’ in GENIUS Act
Reading Time: < 1 minuteA coalition of US banking organizations, led by the Bank Policy Institute (BPI), is pressing lawmakers to amend the GENIUS Act.
Paxos Seeks Federal Charter Amid Stablecoin Regulatory Shift
Reading Time: < 1 minutePaxos, the issuer of PayPal USD and Pax Dollar, has filed for a national trust bank charter, seeking to transition from New York state oversight to federal regulation under the OCC.
Beijing Restricts Stablecoin Hype as Hong Kong Forges Ahead
Reading Time: < 1 minuteEven as Hong Kong advances its regulatory framework for stablecoin issuers, mainland Chinese authorities are taking steps to curb enthusiasm for the asset class.
Animoca-Standard Chartered JV Files for Hong Kong Stablecoin License
Reading Time: < 1 minuteAnimoca Brands confirmed that its Hong Kong-based joint venture with Standard Chartered and HKT, Anchorpoint Financial Limited, has formally begun the process of obtaining a stablecoin issuer license under the city’s newly enacted Stablecoins Ordinance.
KakaoBank Prepares to Launch Stablecoin Services as South Korea Warms to Crypto
Reading Time: < 1 minuteKakaoBank, the digital banking arm of South Korean tech giant Kakao Corp., is positioning itself to become a major player in the stablecoin market.
SEC Eases Rules for Stablecoins—What It Means
Reading Time: < 1 minuteThe SEC just updated its accounting guidance for USD stablecoins, hinting they might soon be treated like cash.
Visa Doubles Down on Stablecoins as Rivals Circle the Market
Reading Time: < 1 minuteVisa has widened its stablecoin offerings, integrating PayPal USD, Global Dollar, and Euro Coin—while adding Stellar and Avalanche to its supported blockchain networks.
Shinkai Launches v1.0: Onchain AI Agents Go Live with USDC & Coinbase x402
Reading Time: 2 minutesGeorgetown, Cayman Islands, 29th July 2025, Chainwire
Hong Kong Cracks Down on Unlicensed Stablecoin Promotions with Jail Time, Fines
Reading Time: < 1 minuteStarting August 1, promoting unlicensed stablecoins in Hong Kong will become a criminal offense punishable by fines of up to HK$50,000 (US$6,300) and six months’ imprisonment.
Anchorage Digital Partners with Ethena to Issue First GENIUS-Act Compliant Stablecoin
Reading Time: < 1 minuteAnchorage Digital Bank, the only federally chartered crypto bank in the US, has teamed up with Ethena Labs to bring its USDtb stablecoin onshore—the first to align with the recently passed GENIUS Act.
Western Union Eyes Stablecoin Expansion Amid Regulatory Shifts
Reading Time: < 1 minuteWestern Union is actively exploring stablecoin integration within its digital wallet ecosystem, signaling a strategic shift toward blockchain-based payments.
Conflux Network Announces Offshore Yuan Stablecoin and Conflux 3.0 Upgrade
Reading Time: < 1 minuteChinese Layer 1 blockchain Conflux Network has unveiled plans to develop an offshore yuan-pegged stablecoin in collaboration with fintech firm AnchorX and Shenzhen-listed Eastcompeace Technology.
Snail, Inc. Announces Intent to Explore Proprietary USD-Backed Stablecoin
Reading Time: 3 minutesCulver City, United States, 16th July 2025, Chainwire
BOE’s Bailey Takes Aim at Stablecoins, Calls Them a Threat to Financial Stability
Reading Time: < 1 minuteAndrew Bailey, Governor of the Bank of England, has raised strong objections against private stablecoins, labeling them a potential danger to the banking sector and sovereign monetary control.
Reserve Bank of Australia Ramps Up Wholesale CBDC, Stablecoin Testing with Major Players
Reading Time: < 1 minuteAustralia’s central bank is deepening its exploration of digital money, moving into live trials of wholesale CBDCs and stablecoins with industry partners.
Ripple’s RLUSD Stablecoin Tops $500M Market Cap in Just 7 Months
Reading Time: < 1 minuteRipple’s dollar-backed stablecoin, RLUSD, has surpassed $500 million in market capitalization just seven months after launch.
Hong Kong Authorities Target 2025 for Stablecoin Licensing Launch
Reading Time: < 1 minuteHong Kong’s government is preparing to issue its first stablecoin licenses later this year, though only a select few firms are expected to meet regulatory requirements.
Judge Glenn Allows Celsius’ Breach-of-Contract Claims Against Tether to Advance
Reading Time: < 1 minuteIn a key ruling, US Bankruptcy Judge Martin Glenn has permitted Celsius to pursue its $4.3 billion lawsuit against Tether.
Circle Takes Next Step Toward Traditional Banking with US License Bid
Reading Time: < 1 minuteCircle Internet Group has filed for a national banking license, per Reuters.
South Korea Puts CBDC on Hold as Government Pushes Stablecoins
Reading Time: < 1 minuteSouth Korea’s central bank has suspended its digital currency trials as the government shifts focus toward embracing private stablecoins.
Hong Kong Doubles Down on Crypto: Stablecoin Rules & Tokenization Push
Reading Time: < 1 minuteHong Kong is tightening its grip on digital assets with a new regulatory framework, mandating licenses for stablecoin issuers from August 1.
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