Crypto Biz: How stablecoins found their niche
Stablecoins are carving out specialized roles as regulation reshapes the market, while Strategy’s Bitcoin sale and Vanguard’s tokenization push highlight…
Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently. Source:CoinDesk
Aave rolls out vaults for yield-hungry fintech investors
Aave's new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits Source:CoinDesk
Sony Bank gets US regulator nod to issue stablecoins
Sony Bank received preliminary approval from the Office of the Comptroller of the Currency to establish a US stablecoin issuance business, with $40 million in…
Revolut says USDT delisting is limited to EEA, Switzerland
Revolut said USDT support remains unchanged outside EEA and Switzerland as it winds down the stablecoin offering in selected European markets.…
Sony secures conditional approval to set up U.S. stablecoin trust bank
The New Yorkbased subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.…
Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance
The Bank of Korea reiterated its call for bankled won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in…
Officials set to revise MiCA to cover non-EU stablecoin issuers: Report
EU officials reportedly plan to consider changes to the Markets in CryptoAssets framework, dubbed by some as “MiCA 2.0,” in response to a US stablecoin law and…
Stablecoin-settled TradFi perpetual trading tops $1.1T: Binance Research
A new Binance Research report said stablecoins are fast becoming a preferred settlement layer for tokenized TradFi markets while gaining traction in payments…
Kazakhstan president signs decree to accelerate crypto adoption
Kazakhstan targets gaspowered electricity for mining, income tax exemptions for regulated crypto transactions and crossborder stablecoin payments in a new…
Mobile app Toss and blockchain Optimism to conduct Korean won stablecoin POC : report
Toss has reportedly partnered with Optimism and Sunnyside Labs for a proof of concept on the feasibility of a Korean wonbased stablecoin for payments.…
Base to activate B20 standard for stablecoins, RWAs and other tokens
Base is scheduled to activate its B20 token standard on Wednesday at 6 pm UTC, allowing developers to begin creating native tokens on the network.…