Deel, the global workforce management company, is set to intensify its focus on digital assets as it unveils a stablecoin wallet. This innovative solution is intended to support contractors in emerging economies by maintaining the value of their income,…
The Hongkong and Shanghai Banking Corporation Limited, a subsidiary of HSBC, has been granted a license to issue stablecoins by the Hong Kong Monetary Authority (HKMA), marking a significant foray into the regulated digital asset space. The bank intends to…
In the coming year, the majority of stablecoin launches in Asia are predicted to fail, according to recent projections from research and advisory firm Forrester. In their 2026 Payments Predictions report, they estimate that 80% of local stablecoin launches in…
Japan is gearing up for a significant financial innovation with plans to introduce its first stablecoin by late 2025. This move, while groundbreaking, is not predicted to shake up the dynamics of Japanese government bonds significantly. According to Bank of…
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCC) have officially unveiled the industry participants for their tokenised asset settlement research initiative, marking a significant step towards modernizing…
By scaling back its exposure to assets like commercial paper, the company improves its credibility. The controversial Tether Holdings completely removed the commercial paper from its reserves. The world’s largest stablecoin issuer reported in a blog post that…