Hong Kong Issues First Stablecoin Licences to Anchorpoint and HSBC
Hong Kong grants its first stablecoin licences to Anchorpoint Financial and HSBC under a new regulatory framework led by the HKMA.
Hong Kong grants its first stablecoin licences to Anchorpoint Financial and HSBC under a new regulatory framework led by the HKMA.
UBS and five major Swiss banks are testing a Swiss franc stablecoin in a 2026 sandbox to explore blockchain-based payment systems.
Stablecoins are digital assets designed to maintain a consistent value by pegging their price to traditional currencies like the US dollar. They provide the stability of fiat money while operating on decentralized blockchain networks.
Polymarket introduces a USDC-backed token and new trading system, phasing out USDC.e to improve settlement control and efficiency.
New Zealand’s Financial Markets Authority ruled that the NZDD stablecoin is not a financial product, offering regulatory clarity for a token pegged to the New Zealand dollar.
Wells Fargo has filed a trademark application for WFUSD, covering crypto trading, payments, staking, and blockchain-based financial services. The move aligns with growing bank interest in digital assets.
Zerohash has applied for a US national trust bank charter, joining several crypto firms seeking federal approval to expand stablecoin and custody services.
Weekly stablecoin inflows rose 414% to $1.7 billion as US lawmakers and banking groups continue debating yield-bearing stablecoins.
Meta is preparing to relaunch stablecoin payments later this year, leveraging a third-party vendor and a new wallet to navigate regulatory and operational challenges.
Tether has made a $100 million equity investment in Anchorage Digital, deepening its partnership with the federally regulated US crypto bank.
Universal Digital has introduced USDU, the first US dollar stablecoin registered by the UAE central bank, marking a milestone in the country’s regulated digital payments framework.
JPMorgan plans to extend JPM Coin onto the Canton Network, signaling a broader push to use public, institutional-grade blockchains for regulated digital cash.
Argentina’s central bank is reportedly drafting rules to permit traditional banks to offer cryptocurrency trading and custody.
Bybit has formed a strategic partnership with an affiliate of Circle Internet Group, the issuer of the USDC stablecoin, to expand global USDC access and liquidity across its ecosystem.
Sony Bank is evaluating a US dollar-pegged stablecoin as part of a broader push to streamline payments across Sony’s gaming and anime ecosystem, with potential issuance beginning in fiscal 2026.