Tag: Stablecoins

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Stablecoins Can Drain From Banks And Nations At Lightning Speed

Anyone who’s ever sent a bank transfer overseas is familiar with the painful process of waiting for things like working hours, correspondent banks and...

Nubank Taps Sygnum to Add Crypto and Stablecoins to Its Global Push

Nubank has partnered with Sygnum to expand its international offering. Nubank is the largest digital bank in Latin America, with more than 140 million...

Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds

Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions.

Japanese regulator requests tax filing exemption for trust-type stablecoins in 2027 reform

Japan’s FSA requested to exempt trust-type stablecoins from mandatory tax filings starting in fiscal year 2027, arguing that it would improve their use as...

Singapore Weighs Recognizing Foreign-Regulated Stablecoins under MAS Framework

The Monetary Authority of Singapore (MAS) is reconsidering its earlier restriction on stablecoins issued across multiple jurisdictions, proposing a route for some jointly issued...

UK Expands Bank of England Mandate to Cover Stablecoins

The UK is moving to put stablecoins at the center of a new Bank of England mandate aimed at supporting innovation in digital payments.The...

Britain plans new Bank of England objective for stablecoins

Financial stability would remain its primary duty, with annual reports to Parliament on the new objective being planned.

Euro stablecoins get a mainstream push as Revolut begins rolling out EURR in Europe

Revolut said the stablecoin’s rollout will start with a select group of customers within Denmark, Poland, and Portugal.

Crypto’s next billion users might be AI agents, and they’re paying with stablecoins

According to Coinbase’s head of AI product, we’re currently in the “Napster/LimeWire era” of agentic payments.

Crypto card spending tops $1 billion as stablecoins move into everyday purchases

Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries,...

Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto's week in 5 stories

Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology...

Bank of England Tests Stablecoins and Digital Pound in the Same Cross-Border Trade Flow

The Bank of England’s Digital Pound Lab is testing whether stablecoins and a digital pound can work together in cross-border trade.The experiment combines instant...