Stablecoin

Singapore-based fintech firm MetaComp has announced it will begin distributing Ripple's RLUSD stablecoin, bolstering its presence in the expanding market for institutional cross-border payments. RLUSD, a U.S. dollar-backed stablecoin issued by Standard Custody & Trust Company, a Ripple subsidiary,...

In a major step toward mainstream adoption of digital assets, South Korea has launched its first-ever Korean won-backed stablecoin, KRWIN, in a limited test phase. The stablecoin was developed by fanC, in partnership with financial software firm Initech, and...