Search results - Stablecoins

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South Korea Forced To Abandon CBDC Project As Commercial...

Key Insights: The Bank of Korea has paused its CBDC trials due to commercial banks favoring stablecoins. South Korea's President Lee Jae-myung's pro-crypto stance...

Bank for International Settlements (BIS) Says Stablecoins “Fail As...

Key Insights: The Bank for International Settlements (BIS) argues that stablecoins "fail as money". Stablecoins lack "singleness," "elasticity," and "integrity," making them vulnerable to...

Could This Be the Year of Bank-Issued Stablecoins? Watch...

Numerous financial institutions will gather at MERGE Madrid from October 7 to 9. This edition will tackle key topics such as institutional adoption, the impact...

Walmart and Amazon Eye Stablecoins for Faster, Cheaper Payments

Walmart and Amazon explore stablecoins to reduce fees and delays. Genius Act could unlock digital coin plans for major retailers. High transaction volumes...

Big Tech Firms Eye Stablecoins for Global Payments

Major tech firms like Apple, Google, and Uber explore stablecoins for global payments. Uber and Meta aim to use stablecoins to reduce international...

Uber Taps Stablecoins to Revolutionize Global Payments and Transfers

Uber is studying stablecoins to streamline global payments.  Stablecoins could cut cross-border fees and delays significantly.  CEO Dara Khosrowshahi sees blockchain as a...

FTX Set to Distribute $5B in Stablecoins to Creditors

FTX will provide investors $5B in stablecoins by May 2025. Total claims are $11.745M, with recoveries at 123%-138%. The 2022 asset valuations used...

The Quiet Rise of Stablecoins in Business

INXY Payments announces the launch of its fully integrated stablecoin payment platform, built to simplify and accelerate digital transactions for businesses globally. As the...

CryptoQuant CEO Warns of the Rise of “Dark Stablecoins”

Ki Young Ju warns of rising demand for “Dark Stablecoins” CryptoQuant CEO predicts growth of algorithmic and unregulated stablecoins USDT could be classified...

ECB Flags US Stablecoins Threat, Urges MiCA Reforms

ECB warns US stablecoins threaten European financial sovereignty. EU resists revising MiCA regulations despite ECB concerns. In a deepening policy divide within the European...