
Stablecoins
National Australia Bank kills off stablecoin project
NAB started work on the AUDN stablecoin in 2022 and thought clients would use it to settle cross-border transactions, but...
FSB Plenary praises progress on addressing financial stability risks relating to digital assets
The Financial Stability Board Plenary meeting discussed the general outlook for global financial stability and the progress made in implementing...
Stablecoins disrupting central banks, telcos, private enterprise
At the London Blockchain Conference 2024, one panel focused on the thorny issue of stablecoins, particularly those issued by private...
UAE central bank approves dirham-backed stablecoins
Aware of its potential to destabilize the financial ecosystem, the Central Bank of the United Arab Emirates is taking a...
PayPal Digital secures NYDFS trust charter
As a cautious approach, U.S. authorities mandate PayPal to prove USD deposits or similar cash equivalents back its PYUSD despite...
Japan’s Nomura bank announces new stablecoin project
Nomura has partnered with the GMO Internet Group to offer stablecoins backed by Japanese yen and U.S. dollars alongside a...
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