OSL Wealth, a division of OSL Group, has introduced a new yield-generating stablecoin product tailored for institutional and professional clients. This offering utilizes Ethena Labs’ Staked USDe (sUSDe), providing dollar-pegged stability combined with attractive on-chain yields and daily liquidity. Clients can access the product through OSL’s OTC desk, trading with ...
South Korea’s largest political party is urging the government to fast-track the institutionalization of Korean won-pegged stablecoins, taking inspiration from the Trump administration’s recent stablecoin legislation. According to local media Edaily, lawmakers from the Democratic Party are calling for regulatory frameworks to support KRW-backed stablecoins. Min Byeong-deok, chairman of the ...
Worldwide Stablecoin Payment Network (WSPN) has launched a newly redesigned website, reinforcing the company’s growing role as a frontrunner in next-generation stablecoin infrastructure. This relaunch marks a pivotal shift for WSPN as it moves beyond conventional stablecoin offerings. The updated platform highlights the company’s ambition to transform the digital economy ...
Stablecoin (STABLE) saw a modest uptick in trading on May 23, with its price rising 2.23% over the past 24 hours to $0.051148, according to CoinGecko data. Over the past seven days, the token has gained 3.03%, with 24-hour trading volume reaching $189.25. The price movement coincides with significant developments ...
Several major U.S. banks are reportedly in early-stage discussions to develop a joint stablecoin project, amid growing momentum in Washington to establish a regulatory framework for digital assets, according to sources cited by the Wall Street Journal on Friday. Exclusive: Major U.S. banks are exploring a joint stablecoin to compete ...
RD Technologies has welcomed the passage of Hong Kong’s new Stablecoins Bill, describing it as a crucial step in strengthening its position as a global hub for digital assets. 📢 RD Technologies warmly congratulates the passage of the Stablecoins Bill in its third reading — ushering in a new era ...
Hong Kong has taken a major step forward in regulating digital finance with the Legislative Council’s passage of the Stablecoins Bill, introducing a formal licensing framework for fiat-referenced stablecoin (FRS) issuers. The new legislation, welcomed by the government on Wednesday, is designed to enhance the city’s virtual asset regulatory environment, ...
FOMO Pay, a prominent payment institution headquartered in Singapore, has officially joined the Global Dollar Network (GDN), a growing enterprise-driven initiative aimed at accelerating the adoption of regulated stablecoins in global payments. As one of GDN’s first partners, FOMO Pay will integrate the Global Dollar (USDG), a stablecoin issued by ...
Usual, a stablecoin protocol backed by real-world assets, recently launched its USD0/USDC liquidity pool on the Fluid DeFi platform. This integration allows liquidity providers to earn dual yields from lending and trading APRs while receiving additional rewards in USUAL tokens—significantly boosting overall participant returns. This launch is powered by Fluid’s ...
MetaComp, a regulated financial institution under the Monetary Authority of Singapore (MAS), has officially launched StableX, a next-generation FX infrastructure powered by stablecoins. The platform aims to revolutionize cross-border payments by streamlining how businesses, institutions, and fintechs move money globally. MetaComp, a licensed institution in Singapore, has released the cross-border ...
