Japan was the first country to establish a regulatory framework for stablecoins. Yet, until now, it…
Tag: stablecoin
Binance Stablecoin Inflows Top $1.65B as Bitcoin Slumps
Users of the Binance cryptocurrency exchange deposited $1.65 billion in stablecoins, a large inflow often seen…
Tokyo’s Monex Considers Launching Domestic Yen Stablecoin
Tokyo-based publicly traded financial services company Monex Group is considering a Japanese yen-pegged stablecoin. According to…
Citi Exec Warns Stablecoin Yields Could Drain Bank Deposits: Report
Paying interest on stablecoin deposits could spark a wave of bank outflows similar to the money…
China’s Stablecoin Push is More Global Than Local
The cryptocurrency industry is abuzz with speculation after recent reports suggested China may soften its stance…
GENIUS was just the prologue. Stablecoins represent a platform shift in payments. The stage is set.
Every era of economic transformation has begun the same way: with infrastructure that seems niche –…
Stablecoin Market Will Surge to $1.2 Trillion by 2030: Coinbase
The total US dollar-pegged stablecoin market is projected to swell to $1.2 trillion by 2028, spurred…
Ripple, SBI Plan RLUSD Stablecoin Distribution in Japan by 2026
Ripple and SBI Holdings plan to roll out Ripple USD (RLUSD) in Japan, aiming to tap…
Coinbase Sees Stablecoin Market Growing to $1.2T by 2028
Stablecoins, digital tokens tied to predominantly fiat currencies like the U.S. dollar, will balloon to a…
China Eyes Yuan-Backed Stablecoin as Beijing Seeks Power
Key Takeaways Beijing is considering yuan-backed stablecoins for the first time, marking a major reversal from…
Kyrgyzstan President Fights US, UK Sanctions on A7A5 Stablecoin
Key Takeaways The U.S. and U.K. imposed sanctions on Kyrgyz banks and crypto platforms, including Capital…
Crypto Lobby Pushes Back Against Bank Effort to Rewrite U.S. Stablecoin Law
The crypto industry is mounting a counteroffensive against Wall Street bankers’ bid to rewrite the U.S.’…
Wyoming State Debuts U.S. Dollar Stablecoin on Seven Blockchains
Wyoming state announced on Tuesday the mainnet launch of its U.S. dollar stablecoin Frontier Stable Token…
Wyoming Launches First State-Issued Stablecoin FRNT
The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin,…
U.S. Treasury Starts Work on Stablecoin Law, Gathering Views on Illicit Activity
The U.S. Treasury Department is seeking new ideas for detecting and cutting off illicit crypto activity…
Japan to Approve First Yen-Backed Stablecoin This Fall: Report
Japan’s Financial Services Agency (FSA) is preparing to approve the issuance of yen-denominated stablecoins as early…
OFAC Sanctions Crypto Network Behind Ruble-Backed Stablecoin and Shuttered Exchange Garantex
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Thursday sanctioned a network of companies,…
Stablecoin Payments Volume Projected to Top $1T Annually by 2030, Keyrock Says
Stablecoin payment volumes are projected to exceed $1 trillion annually by the end of this decade,…
Incoming US Rate Cuts Pose $618M Risk to Circle’s Stablecoin Empire
Key Takeaways U.S. rate cuts could shave $618 million off Circle’s annual revenue. Circle’s earnings rely…