The Monetary Authority of Singapore (MAS) says that stablecoins have the potential to become a widely adopted means of payment. In an …
Stablecoins
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Adoption
Russian firms turn to Bitcoin, stablecoins for global trade amid sanctions
by shayaanby shayaanRussia is actively using Bitcoin and other cryptocurrencies to counteract the impact of Western sanctions on its economy, Reuters reported on Dec. 25. …
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Regulation
Australia’s ASIC explores stablecoins, wrapped tokens in new crypto framework
by shayaanby shayaanThe Australian Securities and Investments Commission (ASIC) is inviting public feedback on proposed changes to its crypto regulation framework, as outlined in …
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Markets
Stablecoins Could Grow to 10% of U.S. Money Supply: Standard Chartered and Zodia Markets
by shayaanby shayaanStablecoins could grow to 10% of the U.S. money supply and foreign exchange transactions once the sector becomes more legitimized, Standard Chartered …
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According to a Standard Chartered report, stablecoins are shifting from initial use in crypto exchanges to broader applications in global finance. The …
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Markets
Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData
by shayaanby shayaanFollowing bitcoin (BTC) and solana (SOL) reaching all-time high prices earlier this month, the stablecoin sector has now joined crypto’s record-breaking streak. …
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Finance
Fed says US debt is the top threat to economic stability, criticizes stablecoins
by shayaanby shayaanThe Federal Reserve has declared the US government’s $36 trillion debt as the biggest risk to financial stability, pushing inflation and geopolitical …
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Scams
Netherlands-Based Quantoz Launches Stablecoins EURQ, USDQ Amid Regulatory Push
by shayaanby shayaanNetherlands-based Quantoz Payments has introduced two Ethereum-based stablecoins, EURQ and USDQ, as it seeks to carve a niche in the competitive stablecoin …
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Markets
Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins
by shayaanby shayaanThe issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter …
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