Stablecoins, central bank digital currencies and the new rails of digital cash.
Hong Kong has officially implemented its Stablecoin Bill, a new law effective August 1, 2025, that introduces a formal licensing system for fiat-referenced stablecoin issuers. This move is designed to increase regulatory oversight, promote financial stability, and bring more clarity to the digital asset market. The Hong Kong Monetary Authority (HKMA) is leading this regulatory … Read more
Visa is significantly expanding its support for cryptocurrency settlements by integrating new stablecoins and blockchains. According to a recent press release, the payments giant is adding three new stablecoins: Global Dollar (USDG) and PayPal USD (PYUSD) through a partnership with Paxos, and EURC, a euro-backed stablecoin from Circle. The company is also broadening its blockchain … Read more
In the second quarter of 2025, Tether posted massive profits and solidified its position as a major player in global finance, as detailed in a recent audit by BDO. The stablecoin giant now holds over $127 billion in U.S. Treasury securities, making it one of the largest non-state holders of U.S. debt. The audit revealed … Read more
The Bank of Korea (BOK) has announced the formation of a new Virtual Asset Division, a move aimed at enhancing its oversight of the crypto market and actively participating in the development of relevant legislation. According to local reports, this new division, situated within the central bank’s financial payment systems bureau, will be crucial in … Read more
Hong Kong is positioning itself as a major Web3 hub, with local companies and regulators accelerating their stablecoin initiatives. Firms like Fourth Paradigm and Lion Rise Holdings are launching new ventures to focus on stablecoins and tokenized assets. This corporate push is happening ahead of a new regulatory framework, the Stablecoin Ordinance, which goes into … Read more
Amid increasing global uncertainty, Tether Gold (XAUt), Tether’s gold-backed digital token, is experiencing a significant surge in investor interest. Backed by 7.66 tons of physical gold, XAUt’s market capitalization has now exceeded $800 million, as confirmed by a Q2 attestation from BDO Italia. With over 259,000 XAUt tokens currently in circulation, each representing one troy … Read more
SharpLink, a prominent public corporate holder of Ethereum, has initiated a significant wallet transfer, fueling speculation of another massive Ether acquisition. The company transferred 145 million USDC from a Circle address to a Galaxy Digital wallet. Given that SharpLink has a history of acquiring ETH through Galaxy Digital, this move is widely believed to be … Read more
The relationship between the TRON network and the USDT stablecoin continues to grow, with TRON solidifying its position as the leading blockchain platform for USDT transfers. Recent data reveals a significant shift in how users are interacting with the stablecoin on the network. USDT Transactions Move Off Centralized Exchanges According to a report from CryptoQuant, … Read more
Tether, the dominant force in the stablecoin market, is setting its sights on a significant expansion within the United States, buoyed by the recent easing of crypto regulations. Despite past legal hurdles, the company emphasizes that its core priorities remain growth, expansion, and strategic cooperation. In a recent July 23rd interview with Bloomberg, Tether CEO … Read more
Anchorage Digital, the first and only federally chartered crypto bank in the U.S., has announced a strategic partnership with Ethena Labs to introduce USDtb, a regulatory-compliant stablecoin, to the American market. This landmark initiative positions Anchorage as a leading U.S. stablecoin issuer and marks the first instance of a stablecoin aligning with the recently enacted … Read more