Tag: Stablecoin

South Korean Stablecoin Outflows Surpassed $367M in June: Report

Stablecoins have recorded net outflows from South Korean exchanges for 18 straight…

Hardik Z.

Bank of Italy Finds Stablecoins Offer No Consistent Remittance Cost Edge

Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain…

Hardik Z.

South Korea Advances Stablecoin Rules as Opposition Pushes Crypto Tax Repeal

The Financial Services Commission (FSC) is reportedly preparing a government-backed digital asset…

Hardik Z.

Crypto Biz: Stablecoins Fill the Gap as Dollar Access Shrinks

Bolivia is moving toward recognizing USDT as the country grapples with a…

Hardik Z.

BIS Warns Stablecoins Could Fragment the Global Financial System

The Basel-based institution stated that privately issued digital tokens do not meet…

Hardik Z.

StablecoinX Bets on Ethena Ecosystem Ahead of Nasdaq Debut

The circulating supply of USDe has contracted by roughly 70% since reaching…

Hardik Z.

Tether Phases Out Gold-Backed Derivative Stablecoin aUSDT

Tether is prioritizing its flagship products by targeting rising user interest, improving…

Hardik Z.

Tether and Georgia Plan Lari-Backed Stablecoin GELT Under New Regulations

National Bank of Georgia released stablecoin rules in March covering reserve backing,…

Hardik Z.

ECB Pushes Back Against Euro Stablecoin Plans Over Financial Stability Concerns

European Central Bank warned EU finance ministers that expanding euro stablecoin issuance…

Hardik Z.