What to Know: USDKG changes the usual stablecoin model by backing a dollar peg with real gold from Kyrgyzstan’s reserves. If gold and commodity stablecoins grow, users will want wallets…
Stablecoin
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Key Takeaways Pakistan may launch a rupee-backed stablecoin to enhance financial access and modernize payments. The initiative is considered alongside the creation of comprehensive digital asset regulations. Share this article…
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Key Takeaways Global regulators are reassessing banking rules for holding crypto, spurred by the rise of stablecoins. The Basel Committee may adapt prudential guidelines to reflect evolving risks and roles…
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Crypto Currency
SWIFT Teams with Linea on Blockchain Messaging and Stablecoin Pilot Involving $7 Trillion Network
Key Takeaways: SWIFT is testing blockchain-based onchain messaging and a stablecoin-like settlement token with Linea. More than a dozen major banks, including BNP Paribas and BNY Mellon, are part of…
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On Tuesday, Google announced the Agent Payments Protocol (AP2), which it described as an “open protocol developed with leading payments and technology companies.” The protocol is designed to enable AI…
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Key Takeaways: Coinbase CEO says Fortune 500 companies are actively preparing to integrate stablecoin payments. Stablecoins are emerging as a new revenue engine for Coinbase, alongside trading and subscriptions. Shopify,…
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Binance co-founder and former CEO Changpeng “CZ” Zhao has rejected a recent Bloomberg report linking him to a stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses…
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Swiss-based AMINA Bank will provide custody and trading for Ripple’s RLUSD stablecoin. The move offers the relatively new dollar-pegged asset with a European base inside a FINMA-licensed institution, a development…
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Key Takeaways: WLFI $USD1, a stablecoin tied to Trump’s camp, hit $1.25 billion in daily trading volume Nearly $991 million of the volume was from just 10 trading pairs, mostly…
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Key Takeaways: Hong Kong introduces “Policy Statement 2.0” with a new LEAP framework to expand digital asset adoption. Licensing regime for stablecoin issuers will go live on August 1, signaling…
