Bank of Korea Links Dollar Stablecoin Demand to Weaker Currencies
A study of 12 currencies from 2019 to 2025 found direct exchange pairs cut local stablecoin premiums by 0.33 to 0.38 points. The won showed no FX response.
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Two Thai Businessmen Sue Tether Over a $42.4M USDT Freeze
The complaint says ten Ethereum addresses were blacklisted on an informal law-enforcement request, 112 days before a seizure warrant was issued.
21 Banks and Asset Managers Plan a Dollar Stablecoin for 2027
The group will incorporate this year and issue a dollar token in the first half of 2027. Counts of the market it is entering do not agree.
Circle Puts USDC on Chelsea's Shirt in a Premier League First
Circle becomes Chelsea's principal partner and front-of-shirt sponsor from 2026/27. Neither side disclosed a fee, and the reported estimates disagree.
Ethena Moves USDe Backing Into Equity Perpetuals as Yields Shrink
Ethena is putting USDe's backing into equity perpetual trades that paid 14% to 17.5% over the summer, while bitcoin funding kept falling. A fee-switch vote runs alongside.
SBI Buys About 20% of Indonesia's Ajaib to Push Its Yen Stablecoin
SBI Holdings will pay $270 million for about 20% of Jakarta's Ajaib Group to extend its yen stablecoin into Southeast Asia. No valuation was disclosed.
Visa and Upbit Operator Dunamu Agree to Study Stablecoin Payments
Dunamu and Visa will look at stablecoin payments, remittances and AI-driven services in South Korea. No product, launch date or token has been chosen.
Britain Plans a Stablecoin Innovation Objective for the Bank of England
HM Treasury will amend the Financial Services and Markets Bill to give the Bank of England a secondary objective covering payments innovation and stablecoins.
Shinhan Financial Signs With Visa to Test Stablecoin Card Settlement
South Korea's Shinhan Financial signed an agreement with Visa on Wednesday to test stablecoin issuance, redemption and card settlement. No timeline was given.
Revolut Rolls Out EURR to Users in Denmark, Poland and Portugal
Revolut began a phased release of its euro stablecoin to selected customers in three EEA markets. The token is issued by Stripe-owned Bridge under MiCA.
Comment Letters on the Stablecoin ID Rule Ask Where an Account Ends
The five-agency customer identification proposal for stablecoin issuers closed comments on 21 August. Both letters located press on the same two definitions.
Fasset Reaches a $1B Valuation as SBI Leads a $68M Round
The stablecoin neobank says a $68 million round led by Japan's SBI Group values it at $1 billion. One Monday report gives different numbers.