Stablecoin

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Key Takeaways: Singapore’s Monetary Authority (MAS) is consulting on legislative amendments to introduce its stablecoin regulatory framework under the Payment Services Act. The proposed rules center on reserve assets and…

Key Takeaways: Swift has enabled its ledger, and 17 major banks are looking forward to testing out cross-border payments tokenized. The platform allows for direct 24/7 transfers between the money…

Key Takeaways: In only 525 days, USDT0 has already matched the record that rivals the competition with more than $100 billion in total transfers across networks, globally. The network has…

Key Takeaways: With a record $167 billion in daily stablecoin transfers, TRON has made significant strides in the crypto payments space. Transfers of USDT continued being a significant activity driver,…

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 revisions and additions to the…

Digital asset company AllUnity is launching SEKAU, a Swedish krona-backed stablecoin issued under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The new token operates as an e-money token under…

Stablecoin settlement infrastructure company Trace Finance has raised $32 million in a Series A funding round led by CoinFund. Coinbase Ventures, Jump Capital and Paxos were among the investors that…

The Russian ruble-backed A7A5 stablecoin continued to grow despite Western sanctions, processing more than $110 billion in cumulative onchain transactions, according to CertiK. CertiK said A7A5 processed over $110 billion…

Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already…