Tag: stablecoin
ECB Warns Stablecoins Risk Hollowing Out European Bank Deposits
ECB board member Cipollone flags stablecoin growth as threat to bank deposits and lending capacity. Digital euro pilot launches 2027.
SBI Launches Japanese Yen Stablecoin Lending at 3% Yield
Japan's SBI VC Trade opens stablecoin lending service for JPYSC, offering 3% annualized returns and signaling a shift toward yield-bearing digital assets in Asia.
IMF Warns Stablecoins May Trigger Currency Crises in Fixed-Rate Regimes
IMF research shows dollar stablecoins can worsen currency runs in nations with fixed exchange rates, despite improving FX access for citizens.
India's Central Bank Pushes Stablecoin Containment Strategy Amid Tokenization Push
RBI proposes isolating crypto from banking while carving out exceptions for tokenized securities, signalling a nuanced approach to digital assets regulation.
Trump Stablecoin USD1 Pays UFC Fighters at White House Event
World Liberty Financial's USD1 stablecoin used for $250K bonus pool at UFC Freedom 250, marking major commercial deployment amid past controversies.
Japan's Megabanks to Launch Joint Stablecoin by March 2027
MUFG, Mizuho, and SMBC establish council to develop frameworks for jointly issued stablecoin, marking shift toward institutional digital payments.
HTX Denies Russia Stablecoin Cooperation After U.K. Sanctions
Crypto exchange HTX rejects allegations it aided Russian ruble stablecoin A7A5, saying it refused the listing application following compliance review.
Qivalis Euro Stablecoin Adds 25 Banks, Signals European Push for Digital Currency
European banking consortium Qivalis expands to 37 members across 15 countries, targeting 2026 launch of regulated euro stablecoin to challenge dollar dominance.