The American Bankers Association (ABA) has asked US government agencies responsible for regulations related to a stablecoin bill for more time to …
Stablecoin
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Markets
Morgan Stanley is positioning itself as the reserve manager for the stablecoin industry
by shayaanby shayaanThe Wall Street giant has announced a fund build specifically for stablecoin issuers. Here is what it does and means for the …
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A dollar-linked stablecoin built to meet Islamic finance standards is now operating on a new blockchain network anchored in the Middle East, …
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The adoption of stablecoins in Brazil continues to grow, now reaching beyond the cryptocurrency sector. The main point behind this rise in …
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DeFi
Phoenix Finance Partners With ENI To Advance RWA Yield Stablecoin Trading With Scalable, Cross-Chain Executions
by shayaanby shayaanAs part of efforts to advance decentralized network execution and cross-chain transfers, Phoenix Finance, a stablecoin-focused DeFi protocol, today entered into a …
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Finance
JPYC Stablecoin Secures Pivotal $18.1M Series B Funding for Japanese Web3 Expansion
by shayaanby shayaanTOKYO, Japan – The Japanese yen-pegged stablecoin, JPYC, has successfully raised 2.8 billion yen, equivalent to $18.1 million, in a pivotal Series …
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The Qivalis consortium is made up of: Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank …
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Markets
Global stablecoin rulemaking slows, prompting BIS to urge cooperation to avoid fragmentation risks
by shayaanby shayaanTo mitigate risks like sudden withdrawals, policymakers are debating safeguards such as limiting interest payments and offering issuers access to central bank …
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Slash raised $100M at a $1.4B valuation as it processes over $1B in annualized stablecoin payments for 5,000+ businesses, turning crypto into …
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Regulation
South Korea lawmakers push for stablecoin law as Bank of Korea and Financial Services Commission clash
by shayaanby shayaanSouth Korean lawmakers are urging the government to prioritize approval of a regulatory framework for stablecoins, as disputes between the Bank of …