Tag: Stablecoins
Binance Eyes Lead Role in Mesh Funding at $2B Valuation
Binance may lead Mesh’s funding round, valuing the crypto infrastructure firm at up to $2B. Mesh could double its valuation as demand for stablecoin payment…
Taiwan Passes Crypto and Stablecoin Bill in Major Regulatory Shift
Taiwan mandates licenses for crypto firms under the new Virtual Asset Service Act. Stablecoin issuers need central bank and FSC approval with full reserve backing.…
Open Standard Launches OUSD With Support From Visa, Coinbase, and BlackRock
Open Standard unveils OUSD with shared governance backed by over 140 global partners. OUSD removes mint and redemption fees while sharing reserve earnings with partners.…
India’s USDT Premium Surges Above 8.5% After Regulatory Crackdown
India’s USDT premium exceeded 8.5% as stablecoin supply tightened after ED action. Reduced USDT inflows widened the gap between local crypto and forex market prices.…
Hong Kong Reveals Target Launch for First Regulated Stablecoins
Hong Kong plans to launch its first regulated stablecoins between mid and late 2026. Licensed issuers must maintain reserves under HKMA supervision to protect stability.…
Invesco Files GENIUS Act-Compliant Money Market Fund for Stablecoins
Invesco filed a GENIUS Act-compliant fund for stablecoin reserve management. The fund will invest in cash, Treasuries, and repos to maintain liquidity. Superstate will tokenize…
Bank of England Drops Stablecoin Holding Caps in Major Policy Shift
BoE replaces stablecoin holding caps with a £40B issuance limit framework. Stablecoin issuers can now hold 70% of reserves in UK government debt. New rules…
New Swedish Krona Stablecoin Launches as Dollar Dominance Grows
SEKAU launches as the first MiCA-compliant Swedish krona stablecoin for institutions. AllUnity targets treasury, settlement, and payment use cases across five blockchains. Dollar stablecoins still…
Solana Lands Major Bank Deal as Toss Tests Global Payments Network
Toss Bank will test Solana-based stablecoin transfers for faster remittances. The pilot explores lower-cost settlement solutions for cross-border payments. South Korea’s evolving crypto rules could…
