RedotPay said to put $1 billion U.S. IPO plan on hold: Bloomberg
A spokesperson for the stablecoin payments company declined to comment on any IPO plans. Source:CoinDesk
Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin
KPMG U.S. examined Tether's books and even counted its gold bars as the $180 billion USDT issuer said it completed its longpromised financial audit.…
Bank of England tests stablecoin, digital pound interoperability in cross-border payments
The Digital Pound Lab is testing a crossborder trade finance flow combining stablecoin payments with simulated digital pound settlement. Source:Cointelegraph
HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin
HashKey has become an authorized distributor for Anchorpoint’s HKDAP, expanding institutional access as Hong Kong’s regulated stablecoin market takes shape.…
Miden bets on privacy stablecoins with introduction of USDCx
USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.…
Crypto Long & Short:
In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong…
Slovenia joins EU’s MiCA stablecoin register with first issuer
Slovenia entered the EU’s MiCA stablecoin register through electronic money institution Dinaro, as the update also added two new CASPs. Source:Cointelegraph
Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin
HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.…
Bank of England to test stablecoin, digital currency use in cross-border finance
The BOEled Digital Pound Lab will test tradefinance interoperability, in which exporters receive stablecoins while importers settle in a potential digital…
ARP Digital secures Dubai VARA broker-dealer license
The license allows ARP Digital to offer regulated digital asset and stablecoin conversions into UAE dirhams as it expands its Gulf presence beyond Bahrain.…
Payments platform Decta explores stablecoin-enabled treasury settlement
Decta will use USDC through OpenPayd’s infrastructure for international treasury settlement, seeking faster transfers and more efficient liquidity management.…
Bitwise's Rasmussen: Circle is mispriced as stablecoins head toward trillions
Bitwise's Ryan Rasmussen says investors are underestimating Circle as stablecoins expand and the company builds out its payments infrastructure. Source:CoinDesk