Standard Chartered Bank (Hong Kong) has secured exclusive rights to distribute HKDAP, a Hong Kong dollar-backed stablecoin launched by Anchorpoint Financial, marking a pivotal step
Tag: Stablecoin
Bitcoin.com Integrates UAE-Registered Stablecoin USDU into Wallet
Bitcoin.com has expanded its offerings by integrating USDU, a US dollar-backed stablecoin registered with the UAE’s Central Bank, into its self-custodial wallet. The move allows
South Korea’s Jeonbuk Bank partners with Ripple for cross-border payments
South Korea’s Jeonbuk Bank has entered a partnership with Ripple to implement the latter’s cross-border payment solution for business customers, including import-export firms, technology startups,
Western Union launches Stablecard with Rain, enabling USD-backed stablecoin spending
Western Union has partnered with Rain to launch Stablecard, a digital wallet and Visa-branded card allowing users to hold and spend USDPT, a US dollar-backed
South Korea Reports 18-Month Stablecoin Outflow Streak in June
South Korea’s five major cryptocurrency exchanges recorded a net outflow of 560.3 billion won in stablecoins during June, marking the 18th consecutive month of such
Nasdaq Plans 23-Hour Trading Week Starting in December 2026
Nasdaq is seeking approval from US regulators to extend trading hours to 23 hours daily, introducing an overnight session from 9pm to 4am ET, with
US Treasury Issues Proposed Rules for GENIUS Act Implementation
The US Department of the Treasury has published a notice of proposed rulemaking to implement the GENIUS Act, a legislative framework designed to regulate payment
Shinhan Asset Management partners with Plume to pilot tokenized fund in South Korea
The partnership aims to test compliance frameworks for tokenized investment products while exploring the potential of South Korean won-denominated assets in global onchain markets. Shinhan
Crypto Trading Volumes Drop to 2026 Low as Centralized Exchanges Lose Market Share
Daily crypto spot trading volumes across 44 exchanges fell to $15 billion last week, marking a 70% decline from January 2026 peaks and a 50%
S&P Global Rates BlackRock’s Tokenized Money Market Fund at Highest Principal Stability Level
S&P Global Ratings has awarded its highest principal stability rating to BlackRock’s new tokenized money market fund, a move that underscores growing institutional confidence in
