Search the news
Found 45 articles
tagged #stablecoins — page 1 of 5
UBS Expands Digital Asset Team in New York to Drive Tokenization Strategy
Swiss banking giant UBS is significantly strengthening its presence in the digital finance sector by opening key leadership positions at its New York office. The recruitment drive, focused on tokenization, stablecoins, …
Monerium, Frax, and Capa Launch EURefrxUSD Forex Pool on Polygon Network
The expansion of decentralized finance (DeFi) into traditional currency markets has reached a new milestone with the launch of an EURe/frxUSD liquidity pool on the Polygon blockchain. Facilitated by a partnership betwee…
WeChat Crackdown: Platform Targets Crypto-Related Fraud and Pyramid Schemes
The WeChat Security Center has launched a comprehensive enforcement action to combat a rising wave of illegal financial activities occurring on its social ecosystem. The platform reported a significant increase in attem…
US House to Review Digital Asset Tax Certainty Act Targeting Fee Exemptions
The U.S. House Ways and Means Committee is scheduled to deliberate on a comprehensive 114-page legislative proposal titled the Digital Asset Tax Certainty Act (H.R. 10357) on September 16, 2026. Introduced by Chairman J…
Hinkal Launches Deposit Addresses for Seamless Privacy Transitions
The universal privacy protocol Hinkal has officially introduced its new Deposit Address functionality, a feature designed to streamline the movement of assets into private balances. This update allows users to funnel fu…
Latitude Secures $20M Series A to Enhance Stablecoin Payments
The cross-border payment infrastructure provider Latitude has successfully closed a Series A funding round, raising significant capital to bridge the gap between traditional finance and digital assets. Led by Oak HC/FT,…
Bank of Korea Warns USD Stablecoins May Impact Local Fiat Exchange Rates
A recent research report published by the Bank of Korea (BoK) suggests that the rising demand for USD-pegged stablecoins could exert significant downward pressure on the exchange rates of local fiat currencies. The stud…
OpenReserve Secures Seed Funding Led by a16z Crypto for On-Chain Banking
On-chain banking platform OpenReserve has successfully completed a seed funding round, raising significant capital to modernize financial infrastructure. The investment round was led by a16z crypto, with participation f…
Argentina Crypto Adoption Reaches 20% as Stablecoins Become Daily Norm
New data from a16z crypto analysis reveals that one-fifth of Argentina's population has integrated cryptocurrency into their financial lives, marking one of the highest adoption rates in the Latin American region. While…
FASB Proposes New Accounting Standards for Stablecoins as Cash Equivalents
The Financial Accounting Standards Board (FASB) has initiated a formal process to refine how digital assets, particularly stablecoins, are classified within corporate balance sheets. In a recently issued Accounting Stan…