Tag: Stablecoin

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South Korea’s BDACS Debuts First Korean Won–Backed Stablecoin KRW1 On Avalanche

BDACS has launched KRW1, a South Korean won-backed stablecoin, after completing a full proof of concept. The company said the token is backed 1:1...

U.S. House GOP Links CBDC Ban With CLARITY Act In New Measure Of Crypto Push

House Republicans have moved to tie a bill that blocks the Federal Reserve from issuing a central bank digital currency with the CLARITY Act,...

Abu Dhabi ORQO Group Launches With $370M AUM To Build Yield Platform For Ripple’s RLUSD

ORQO Group launched on Tuesday as a new institutional asset manager with $370 million in assets under management. The firm is based in Abu...

Kazakhstan Approves Stablecoins Fees Payment At AIFC With Bybit As First Provider

Kazakhstan’s Astana Financial Services Authority, on the opening day of Astana Finance Days 2025, said it will let participants at the Astana International Financial...

ArkStream Increases Bet On Ethena With Another $10M Investment

ArkStream Capital said on X(Twitter) that it put in an extra $10 million into Ethena Labs in August 2025, building on a prior $5...

Elliptic Releases New Due Diligence Tool Seeks To Curb Criminal Use Of Stablecoins

Elliptic, a blockchain analytics firm, has launched a new Stablecoin Issuer Due Diligence tool aimed at stablecoin issuers, banks and other financial firms worldwide....

Stripe And Paradigm Reveal Tempo, A Blockchain For High-Speed Stablecoin Payments

Stripe and crypto investor Paradigm unveiled Tempo, a new blockchain project designed for stablecoin payments, on Thursday. The effort originated within Stripe and aims to...

European Central Bank President Urges Equal Reserve Rules For Non-EU Stablecoin Issuers To Prevent Services

European Central Bank President Christine Lagarde said the EU must apply the same tight reserve rules to non-EU stablecoin issuers as it does to...

Ripple Brings Its Dollar-Backed Stablecoin RLUSD To Africa Through New Fintech Deals With Yellow Card & VALR

Ripple has moved its US dollar-backed stablecoin, Ripple USD or RLUSD, into Africa. The company said this on Thursday in a blog post that...

Hong Kong Police Arrest 3 Suspects Amid a Stablecoin Fraud Case Involving Safe Deposit Boxes Worth $384K

Hong Kong police have solved a major stablecoin-related fraud case that involved safe deposit boxes and virtual currency trading.  According to Hong Kong Wen Wei...

Tron Processes Over $600 Billion In Stablecoin Transfers Monthly, Driving Global Cross Border Payment

Tron is a leading layer-1 blockchain network that has achieved an incredible feat by recording over $600 billion in stablecoin transfers monthly.  https://twitter.com/trondao/status/1960567237703819399 At this financial...

Ripple and SBI Group Plans To Bring RLUSD Stablecoin To Japan

Earlier today, on August 22nd, Ripple and SBI Group announced their plan to distribute Ripple USD, or RLUSD, in Japan through SBI VC Trade....