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GENIUS Act pushes Western Union closer to stablecoin payment services.
Western Union eyes on-ramp partners for stablecoin cash conversions globally.
Stablecoin settlement trials...
StablecoinX merges with TLGY, securing $360M ENA reserve for growth.
Five-year renewable deal expands Ethena’s stablecoin reach and power.
Ethena Foundation grows ENA...
GENIUS Act marks first U.S. law for dollar-backed stablecoin regulation.
Mastercard says clear stablecoin rules boost trust, encourage wider mainstream adoption.
Big banks...
China explores yuan-backed stablecoins through trusted state-owned firms in Shanghai.
Shanghai leaders push digital currency research, eye stablecoin experiments with companies.
Stablecoins may...
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...
Key Insights:
The Bank for International Settlements (BIS) argues that stablecoins "fail as money".
Stablecoins lack "singleness," "elasticity," and "integrity," making them vulnerable to...
Stablecoins are codified into law in South Korea under the Digital Asset Basic Act.
Local enterprises require 500M won to produce reserve-backed stablecoins.
...
Uber is studying stablecoins to streamline global payments.
Stablecoins could cut cross-border fees and delays significantly.
CEO Dara Khosrowshahi sees blockchain as a...