Stablecoins News
Standard Chartered Sees $1 Trillion Shift to Stablecoins by 2028, Led by Emerging Markets
A new report from Standard Chartered warns that the massive surge of stablecoins could drain well over US$1 trillion (AU$1.53 trillion) from...
Trump-Backed World Liberty Financial Eyes Tokenised Commodities, Expands USD1 Stablecoin
World Liberty Financial, the Trump-backed crypto venture, is preparing to expand beyond stablecoins into tokenised commodities and other ass...
EU Watchdog Recommends Ban on Multi-Issuance Stablecoins Amid Regulatory Push
The European Systemic Risk Board (ESRB) has issued a recommendation calling for a ban on multi-issuance stablecoins, arguing that such token...
Stripe Unveils ‘Open Issuance’ to Let Businesses Launch Their Own Stablecoins
Payments giant, Stripe, has launched a new platform to allow businesses to issue their own stablecoin in just a matter of days, using “onl...
Visa Pilots Stablecoin Settlements to Speed Up Global Payments
Visa has begun a pilot program allowing businesses to pre-fund their Visa Direct accounts with stablecoins rather than fiat. The compa...
Tether Reportedly Seeks $20B Raise at $500B Valuation, Eyeing Spot Among World’s Most Valuable Private Firms
Tether is said to be holding early-stage discussions with investors over a capital raise that could reach between US$15 billion (AU$22.74 bi...
Australia’s Next Chapter in Digital Money: Why Yield-Bearing Stablecoins Matter
Stablecoins have long been considered the quiet workhorses of crypto, yet the market is anything but. Today, the total market capitalisation...
Australia Grants Stablecoin Class Relief to Boost Digital Asset Innovation
Secondary distributors of stablecoins, issued by an issuer that holds an Australian Financial Services (AFS) license, have been granted clas...
South Korea Launches First KRW1 Stablecoin on Avalanche, Fully Backed by Won
BDACS, a South Korean digital asset custody provider, announced the launch of KRW1, a stablecoin fully backed by the South Korean won and is...
Bitwise Seeks Approval for Stablecoin & Tokenisation ETF Bridging Stocks and Crypto
Bitwise has filed with the US Securities and Exchange Commission (SEC) to launch a new product called the “Stablecoin & Tokenization E...
Tether Launches USAT Stablecoin Under New CEO Bo Hines
Tether has unveiled USAT, a dollar-backed stablecoin created specifically for the United States market, in line with new regulatory standard...
Bitwise CIO: Banks Should Reward Customers Instead of Fearing Stablecoins
Bitwise’s CIO Matt Hougan has criticised US banks for opposing stablecoins, arguing they should raise deposit rates instead of lobbying ag...