Mirae Asset eyes $109 billion crypto empire after acquiring Digital X
Park Hyeonjoo, Mirae Asset Financial Group’s founder, outlined his ambitious stablecoin, RWAs, and STOs plan for Digital X, formerly known as Korbit, in an…
Britain plans new Bank of England objective for stablecoins
Financial stability would remain its primary duty, with annual reports to Parliament on the new objective being planned. Source:CoinDesk
Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AIpowered payment models.…
The evidence doesn't support the banks' case against stablecoin rewards
Source:CoinDesk
Euro stablecoins get a mainstream push as Revolut begins rolling out EURR in Europe
Revolut said the stablecoin’s rollout will start with a select group of customers within Denmark, Poland, and Portugal. Source:CoinDesk
Revolut rolls out euro stablecoin in three European markets
The Bridgeissued EURR token will support multiple blockchains and external wallets, with wider EEA availability expected this year. Source:Cointelegraph
U.S. state banking associations plan to launch their own nationwide blockchain network
The "BankChain Alliance" is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system's regulatory…
World Liberty Financial launches USD1 natively on Canton Network
USD1 is the sixthlargest stablecoin, with a market capitalization of more than $4 billion, according to industry data. Source:Cointelegraph
Standard Chartered becomes first bank distributor of HKD stablecoin
The bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking. Source:Cointelegraph
Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin
The Londonbased multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.…
Japan’s SBI leads $68M Fasset round at $1B valuation
Fasset raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in Malaysia and to expand stablecoin payments.…
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
The firm raised $68 million as its revenue has grown sixfold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.…