Bank of Korea Governor Shin Hyun-song used his first address in office to prioritize central bank digital currencies (CBDCs) and bank-issued deposit …
Stablecoins
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The United Kingdom is revisiting its payments rulebook to support the adoption of new fintech and payment technologies such as stablecoins and …
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Regulation
Stablecoins not a threat to banks in the near-term: Moody’s analyst
by shayaanby shayaanThe impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face …
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Regulation
Congress on verge of making regulated dollar stablecoins act almost like digital cash
by shayaanby shayaanWashington isn’t trying to solve every crypto policy fight at once, but it appears to be carving out a workable path for …
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Central bankers across the world have started raising serious concerns about the rapid rise of stablecoins. These digital assets, often tied to …
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Here’s the honest answer: stablecoins are not an immediate existential threat to banks. But they are quietly reshaping the competitive landscape in …
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Markets
Stablecoins can help businesses turn costs into revenue, Paxos Labs cofounder says
by shayaanby shayaanFirms using stablecoins can reshape margins by cutting costs, unlock credit and earn yield, but not every company needs to issue a …
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Enterprise digital asset infrastructure platform Fireblocks said Wednesday it launched Earn, a feature that lets institutional clients route stablecoin balances into onchain …
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Markets
Bank of Korea nominee backs central bank-led digital currency, sees limited role for stablecoins
by shayaanby shayaanThe nominee, Shin Huyn-song, supported a central bank digital currency model, emphasizing the need for strict anti-money laundering and compliance controls. www.coindesk.com
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DeFi
FYUSD Stablecoin’s Revolutionary On-Chain Yield Ecosystem Aims to Bridge Asian Finance with Global DeFi
by shayaanby shayaanIn a strategic move poised to reshape institutional access to decentralized finance, stablecoin issuer Fypher has partnered with Blueprint Finance to construct …