Introduction The Bank for International Settlements (BIS) Innovation Summit 2024 brought together central bankers, policymakers, and leading fintech experts to examine the evolving role of central banks in the digital…
Introduction The International Monetary Fund (IMF) has released a comprehensive framework aimed at guiding the governance of cross-border stablecoins, recognizing the increasing significance of these digital assets in global finance.…
Introduction Jupiter, a leading decentralized finance (DeFi) protocol on the Solana blockchain, has officially announced the launch of JupUSD, its native stablecoin. Developed in collaboration with Ethena Labs, JupUSD is…
Introduction Standard Chartered has issued a significant cautionary forecast, estimating that over $1 trillion could potentially be withdrawn from emerging market banks and redirected into stablecoins by 2028. This projection…
Introduction The adoption of stablecoins is set to drive a remarkable surge in demand for U.S. dollars, with projections estimating an additional $1.4 trillion needed by 2027. Stablecoins, which are…
Introduction Circle, the issuer of the USDC stablecoin, has submitted an application for a U.S. national trust bank charter, marking a pivotal moment in the institutionalization and regulation of stablecoins.…
Introduction Tether, the issuer of USDT, the world’s largest and most widely used stablecoin, is reportedly planning a major fundraising initiative that could value the company at around $500 billion.…
Introduction Circle, the issuer of the USDC stablecoin, has formally applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC). This move…
Introduction Euro zone finance ministers are actively exploring strategies to boost the issuance of euro-denominated stablecoins, recognizing the growing dominance of U.S. dollar-pegged digital assets in the global market. The…
Introduction The International Monetary Fund (IMF) has issued a warning regarding the potential fragmentation of the stablecoin ecosystem and its implications for the global payments system. As stablecoins continue to…