#stablecoins

Highlights: Tether CEO Paolo Ardoino says developing economies increasingly rely on USDT for domestic and international trade. Venezuela and Bolivia are using USDT more widely as currency weakness and dollar shortages pressure local economies. Argentina and Turkey also show strong […]

Highlights: USD1 has functions that can move funds from frozen wallets without user approval. Justin Sun says World Liberty’s public code does not show all the controls running on USD1. Cold wallets and multisig wallets cannot block USD1 controls that […]

Highlights: X is exploring stablecoins such as USDC for creator royalties and rewards. Original Content Rewards will replace the platform’s older Revenue Sharing program. The stablecoin market exceeds $300 billion as digital payments grow. Elon Musk’s X is exploring a […]

Highlights: Tether is expanding into artificial intelligence as it looks beyond its core USDT stablecoin business. A recent audit found Tether’s reserves exceeded liabilities by $6.8 billion and confirmed its gold holdings. CEO Paolo Ardoino says Tether plans simple AI […]

Highlights: Citi CEO Jane Fraser supports clear crypto rules that encourage innovation while promoting safer digital asset adoption. Fraser wants changes to the CLARITY Act, especially around stablecoin rewards and their impact on bank deposits. Citi says strong crypto legislation […]

Highlights: Japan’s financial regulator is creating a dedicated division to coordinate crypto, stablecoin, blockchain, and digital payment oversight. The August 7 restructuring places several digital asset functions under one newly formed supervisory bureau. The announcement reorganizes existing responsibilities without introducing […]

Highlights: South Korea plans to begin taxing crypto gains next year after delaying the policy three times. Investors will receive a 2.5 million won deduction before a 20% tax applies to additional gains. Officials are also preparing stablecoin, exchange, disclosure, […]

Highlights: FCA says cross-border payments offer the strongest near-term use case for stablecoins, especially in emerging markets. The regulator says stablecoins could cut merchant costs, speed settlements, and improve cash flow for UK businesses. FCA says banks and clear regulation […]

Highlights: ECB warns rising stablecoin use could pull retail deposits from banks and weaken a key funding source. European banks also face pressure from foreign payment platforms, higher fees, and reduced access to customer data. ECB plans a 2027 digital […]

Highlights: Bank of Tanzania is finalizing new rules for cryptocurrencies, stablecoins and other virtual assets nationwide. The framework aims to protect investors, improve oversight and address money laundering and terrorist financing risks. The planned regulations do not make Bitcoin, stablecoins […]

Highlights: Japan-based convenience store Lawson has disclosed plans to begin a stablecoin payment trial at its stores. The trial phase will begin in early August and will allow users to pay for products using a smartphone wallet. Lawson said the […]

Highlights: The IMF says dollar stablecoins can improve access to foreign currency when official exchange channels fall short. Market stress could push more people into stablecoins and increase pressure on local currencies. Better rules for stablecoins can reduce financial risks […]