Stablecoins

National Australia Bank kills off stablecoin project
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25 June, 2024

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
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20 June, 2024

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
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18 June, 2024

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
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11 June, 2024

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
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4 June, 2024

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
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3 June, 2024

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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