Sony Bank gets US regulator nod to issue stablecoins
Sony Bank, a subsidiary of Sony Financial Group, said it’s received preliminary approval to establish a new US national trust bank subsidiary that will issue...
Tag : stablecoins
Ethereum Price Stabilizes as Tether Burns $2.5 Billion USDT Stablecoins
Ethereum is slipping by more than 2% as massive $2.5 billion USDT burn on Ethereum dragged its price prediction down. Although ETH barely flinched, as...
Base to activate B20 standard for stablecoins, RWAs and other tokens
Coinbase-backed Ethereum layer-2 network Base is set to activate its B20 token standard on mainnet, introducing a native framework for stablecoins, tokenized real-world assets (RWAs)...
USDT wins payments, USDC wins DeFi as stablecoins diverge: Dune
The world’s biggest stablecoins are increasingly becoming chain-specific financial products, with Tether’s USDt (USDT) and Circle’s USDC (USDC) serving distinct roles across the crypto ecosystem...
RBI calls for banking restrictions on crypto and private stablecoins
RBI has reportedly renewed its call to keep banks and payment systems insulated from cryptocurrencies and privately issued stablecoins as India reviews its digital asset...
Business use of stablecoins set for growth surge: Cybrid report
Business use of stablecoins is poised to surge in the next 12 months as adoption of the digital currency goes mainstream, according to a new...
BIS warns stablecoins risk fragmenting global financial system
The Basel-based institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on tokenized forms...
BitGo cuts 15% of staff to sharpen focus on AI, stablecoins
Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus the company on areas including...
Hong Kong reveals when its first regulated stablecoins could launch
Hong Kong has confirmed that its first regulated stablecoins are expected to enter circulation between the middle and second half of 2026 after two bank-backed...
Crypto industry looks to stablecoins and DeFi revisions in MiCA 2.0
In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment period will precede eventual...