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Stablecoins
Stablecoins show promise in payments, but regulatory fragmentation hinders adoption: BIS
In a new report, the BIS surveyed 11 jurisdictions and their stablecoin approaches, concluding that the lack of harmony presented...
Stablecoins gaining traction in cross-border payments: Report
The Bernstein report notes that payment giants like Visa and PayPal and regional fintech firms are increasingly using stablecoins to...
Sony Bank explores yen-pegged stablecoin
Sony Bank is working with Belgian startup SettleMint on a proof-of-concept, with the stablecoin set to be used in other...
Hong Kong’s largest digital bank pursues stablecoin issuers
ZA Bank will offer stablecoin issuers accounts for cash reserves and is exploring possibly custodying stablecoins and other digital assets...
PayPal users can now use PYUSD stablecoin to fund cross-border transfers
With circulation down by 40%, PayPal is exploring new use cases for its PYSUD stablecoin, and international remittances have emerged...
US Treasury plea for anti-‘crypto’ tools gets mixed reception from Senate committee
As criminals become more innovative, the chances of rogue individuals taking advantage of "cryptos" in funding their ideologies increase, forcing...
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