Quick Breakdown JPYC becomes Japan’s first fully yen-backed stablecoin, supported by bank deposits and government bonds. JPYC EX platform enables secure, regulated issuance and redemption under Japan’s AML laws. The move positions Japan for increased stablecoin competition and potential...
Quick Breakdown Ethena’s synthetic stablecoin USDe has climbed to the #3 spot, challenging established players like USDC and DAI. The launch of USDtb and partnerships with Binance and Jupiter strengthen Ethena’s market credibility. Regulatory pressure and volatility risks still...
Quick Breakdown WSPN unveils Checkout, a stablecoin payment system for e-commerce merchants. Enables real-time settlement and lower cross-border transaction costs. Supports major stablecoins like USDT, USDC, and WUSD across Ethereum, TRON, BSC, and Solana. The Worldwide Stablecoin Payment Network...
Quick Breakdown MetaComp partners with First Digital to integrate FDUSD stablecoin into StableX for cross-border payments. Collaboration aims to enhance compliant digital asset transactions across Asia, Africa, and global markets. Integration strengthens AML and KYC standards while enabling real-world...
Quick Breakdown Stablecoins moved $46T in transactions, up 106% year-over-year. Adjusted $9T volume surpasses half of Visa’s payments. Supply exceeds $300B as dollar-backed tokens dominate finance. Stablecoins have quietly evolved into one of the world’s largest payment systems, moving...
Quick Breakdown Kraken CEO David Ripley challenges the American Bankers Association’s warning against stablecoin interest products. ABA’s Brooke Ybarra claims stablecoin yields could drain trillions from bank deposits and threaten financial stability. Ripley calls the stance “moat building,” saying...
Quick Breakdown WSPN and dtcpay to roll out the WUSD Card, a Visa-powered payment solution bridging stablecoins and traditional finance. Users can fund the card with either WUSD stablecoins or USD, making digital payments more flexible and inclusive. The...
Quick Breakdown Bank of Japan’s Ryozo Himino calls for regulatory reforms to address rising stablecoin adoption and non-bank financial growth. Warns that half of global financial assets now lie outside Basel 3 oversight, urging modernization of prudential standards. Says...
Quick Breakdown Crypto.com and Travel Wallet signed an MoU to introduce a KRW-pegged stablecoin and co-branded prepaid card. The collaboration will make crypto payments easier and more accessible for global travelers. The move strengthens Crypto.com’s Asian presence and supports...
Quick Breakdown Falcon Finance adds KAIA and USDT as collateral options on KaiaChain. Users can now mint USDf, Falcon’s synthetic dollar, with new asset flexibility. Integration strengthens Asia’s Web3 and stablecoin infrastructure. Falcon Finance has expanded its collateral...
