Visa, one of the world’s leading payment technology companies, has stepped up its blockchain strategy by broadening stablecoin support on its global settlement platform. The company now enables transactions using a wider range of stablecoins including Global Dollar (USDG), PayPal USD (PYUSD), and Euro Coin (EURC) and supports two additional blockchain networks, Stellar and Avalanche….
In a pivotal move for Asia’s digital asset industry, the Hong Kong Monetary Authority (HKMA) will begin enforcing its much-anticipated stablecoin regulatory framework this Friday. The regulatory rollout kicks off with a six-month transition period, ushering in temporary licenses and stricter compliance measures for stablecoin issuers. This phased approach underscores Hong Kong’s effort to balance…
Interactive Brokers, a major player in the global trading industry, is reportedly considering a significant expansion of its cryptocurrency services, which could include the launch of its own proprietary stablecoin. This move positions the brokerage giant alongside other traditional finance titans like JPMorgan Chase, Citigroup, and Bank of America, all of whom are exploring the burgeoning…
