Stablecoins, central bank digital currencies and the new rails of digital cash.
USDT stablecoin issuer Tether has quietly become the second-largest shareholder of Juventus Football Club, marking a historic first for European football—where a major crypto company now holds a significant equity stake in a top-tier team. Tether Acquires 10.7% Stake in Juventus Tether formally disclosed its investment in February, confirming it had acquired a 10.7% stake … Read more
Hong Kong is positioning itself as a global front-runner in cryptocurrency oversight with the launch of a new stablecoin licensing regime set to take effect on August 1. Financial Secretary Paul Chan announced at a recent forum that the legislation, recently approved by the Legislative Council, will make Hong Kong one of the first regions … Read more
In a landmark move for South Korea’s financial and digital asset sectors, eight major domestic banks are preparing to launch a joint stablecoin project pegged to the Korean Won (KRW), according to a recent report from Economic Review. The initiative marks the first time a consortium of South Korean banks has entered the digital asset … Read more
In a landmark move towards digital transformation in the UAE, the Abu Dhabi government, through the Department of Municipalities and Transport, has begun accepting AED stablecoin payments via AE Coin for taxi services. This initiative, led by Tawasul Transport and facilitated by Al Maryah Community Bank (MBank), marks a major advancement in the use of … Read more
In a pivotal shift for the financial sector, Bank of America and U.S. Bank have announced plans to integrate stablecoins, marking a significant step toward merging traditional banking with digital assets. This move aligns with a broader push for regulatory clarity in the U.S., particularly through the anticipated GENIUS Act, which aims to establish a … Read more
In a significant move set to accelerate the adoption of digital currencies in mainstream finance, Fiserv Inc. and PayPal Holdings Inc. announced a strategic partnership aimed at building interoperability between their respective stablecoins, FIUSD and PayPal USD (PYUSD). This collaboration is designed to enable seamless domestic and international fund transfers for consumers and businesses, leveraging … Read more
Tether, the issuer of the world’s largest stablecoin, USDT, has recently minted an additional $2 billion worth of USDT on the Tron blockchain. This significant move, confirmed by CEO Paolo Ardoino, is aimed at boosting the company’s reserves and proactively preparing for an anticipated surge in market demand. The minting occurred in two phases, with … Read more
Tether co-founder Reeve Collins predicts that tokenized real-world assets (RWAs) and alternative backing could challenge the dominance of dollar-based stablecoins, with a Trump-linked project highlighting growing institutional interest in the sector. A Shift in Stablecoin Dynamics At a recent blockchain conference in Dubai, Reeve Collins, co-founder of Tether, shared his vision for the future of … Read more
On March 25, 2025, President Donald Trump’s crypto venture, World Liberty Financial (WLFI), officially launched USD1, a dollar-pegged stablecoin fully backed by U.S. Treasuries, dollar deposits, and cash equivalents. Announced at 5:51 AM PDT via a Business Wire release and amplified by posts on X, this groundbreaking move positions USD1 as a bridge between traditional … Read more
On March 24, 2025, Circle Internet Financial made history as the first stablecoin issuer to secure regulatory approval in Japan, a landmark achievement for the global cryptocurrency ecosystem. The approval, granted under Japan’s stringent Financial Services Agency (FSA) stablecoin framework, paves the way for the official launch of USD Coin (USDC) in the country, with … Read more