Kyrgyzstan introduces gold-backed stablecoin for cross-border payments
Kyrgyzstan has launched USDKG, a $50 million gold-backed stablecoin pegged to the U.S. dollar, marking a significant step towards modernizing ...
Tag: Stablecoin
European Banks Launch Euro Stablecoin to Compete with US
Nine major European banks are establishing a Netherlands-based company to launch a euro-backed stablecoin in 2026, aiming to provide a ...
Brussels set to disregard ECB warnings over stablecoin rules
Brussels to Regulate Stablecoins Amid ECB ConcernsBrussels plans to announce new regulations for stablecoins, despite the ECB's warnings about potential ...
Senate passes GENIUS stablecoin bill in a win for the crypto industry
In a 68-30 vote, the Senate passed the GENIUS Act, establishing a federal regulatory framework for stablecoins, with bipartisan support ...
UK to introduce stablecoin law in ‘months’: Circle’s Dante Disparte
La UK is expected to introduce stablecoin laws in the coming months, according to Circle's Dante Disparte, amid a global ...
Stablecoin issuer Tether notches $5.2bn profit in first half of 2024
Stablecoin issuer Tether has reported a significant profit of $5.2 billion in the first half of 2024. This impressive financial ...
News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.