European authorities are sounding stronger warnings that the growing reliance on USD-backed stablecoins could undermine the euro’s sovereignty and disrupt the financial …
Stablecoin
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Regulation
Bo Hines predicts U.S crypto industry will skyrocket to $20t in value after stablecoin bill passes
by shayaanby shayaanExecutive Director of the President’s Council of Advisers on Digital Assets, Bo Hines, predicts the digital asset industry will see a $15 …
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Finance
Sanctioned tech behemoth Rostec launches Tron stablecoin, hopes it will be listed by major exchanges
by shayaanby shayaanRussian defense and technology conglomerate Rostec has created a digital token pegged to the ruble and developed a proprietary payment platform. The …
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Regulation
Arthur Hayes Says Proposed Stablecoin Law Will Unleash Multi-Trillion-Dollar Liquidity Bazooka and Benefit Bitcoin, JPMorgan Chase – Here’s How
by shayaanby shayaanBitMEX co-founder Arthur Hayes believes the US legislation seeking to establish a framework for dollar-pegged stablecoins will be bullish for Bitcoin (BTC) …
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In brief Russian weapons manufacturer Rostec will launch its own stablecoin. The RUBx token will run on the Tron network, according to …
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DeFi
Stablecoin banks like Erebor could inherit DeFi’s weakest links, says Web3 security firm
by shayaanby shayaanAs Erebor fills the void left by the collapsed SVB, experts are warning about the potential risks of stablecoin integration with banking. …
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Finance
Aptos Labs and Yellow Card Launch Gas-Free Stablecoin Transfers in 20 African Countries
by shayaanby shayaanAptos Labs, a Layer-1 blockchain platform, has partnered with Yellow Card, a licensed stablecoin infrastructure provider in Africa, to launch instant stablecoin …
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Regulation
Hong Kong activates stablecoin licensing on August 1 in major digital asset push
by shayaanby shayaanHong Kong’s stablecoin licensing regime is set to go live on August 1, a move confirmed by Secretary for Financial Services and …
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Markets
Russia to launch Its Own Ruble-backed Stablecoin, RT-Pay Payment Platform
by shayaanby shayaanRussia’s state-owned technology giant Rostec is stepping into the digital finance space with big plans. The company is set to launch its …
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China is under increasing pressure from prominent economists and policy advisers to explore using stablecoins for cross-border payments, as the United States …