
Stablecoins Made Up Nearly Half of South Korea’s Crypto Outflows in Q1, Officials Say
Officials report that stablecoin made up almost half of South Korea’s cryptocurrency outflows in the first quarter.
Officials report that stablecoin made up almost half of South Korea’s cryptocurrency outflows in the first quarter.
Despite their increasing influence, non-bank financial entities remain less regulated than traditional banks, leaving regulators with limited visibility into the full extent of potential risks.
Fed Chair Powell ruled out a US CBDC under his tenure, backing the Trump administration’s push for stablecoins over digital fiat.
Acting CFTC Chair Caroline Pham announced that the agency will host a meeting with crypto CEOs over regulation of stablecoins.
Tether is bridging AI and finance with open-source tools, prioritizing privacy, decentralization, and self-custody.
Stablecoins’ supply saw explosive growth, rising by over 59% throughout the year and peaking at $200 billion in September.
With Trump’s backing for stablecoins, ECB insiders are pushing for a CBDC alternative to match the competition.
Crypto theft grew in 2024 with stablecoins ranking as the most commonly featured asset.
The directive, issued on December 26, represents Cambodia’s shift toward embracing financial innovation while prioritizing strict oversight.
Usual’s latest funding round, backed by top investors, aims to enhance its decentralized stablecoin platform and expand its ecosystem.
“Stablecoins are an infrastructure upgrade for payments, ready to replace legacy systems,” said BVNK CEO Jesse Hemson-Struthers.
SoftBank-backed Remote and financial platform Stripe join forces to revolutionize global payroll processing by enabling stablecoin payments, initially launching with USDC on Base for US-based customers.
S&P Global Ratings senior analyst Lapo Guadagnuolo believes that the growth of stablecoins does not mean that they are immune to risk factors.
The algorithmic GHO stablecoin is pegged against the United States dollar and is backed by several digital assets.
The draft is with chair Rep. Maxine Waters (D-CA), pending review by the ranking member Rep. Patrick McHenry (R-NC).