HashKey Utilizes Hong Kong's First Regulated Stablecoin
HashKey is leveraging Hong Kong's first regulated stablecoin for settling insurance and trade deals, targeting the $49 billion trade corridor with the UAE.
15 articles tagged with #stablecoin
HashKey is leveraging Hong Kong's first regulated stablecoin for settling insurance and trade deals, targeting the $49 billion trade corridor with the UAE.
Visa is actively searching for a new stablecoin settlement partner after BVNK was acquired by Mastercard, indicating a shift in its digital currency strategy.
Deel's DLUSD stablecoin wallet is now available in over 80 countries, including regions in Latin America, Africa, and Asia-Pacific, excluding major markets.
Tether announces the completion of its long-awaited audit by KPMG, confirming the financial backing of its $180 billion USDT stablecoin, including gold
Slovenia has officially joined the EU's MiCA stablecoin register, with Dinaro becoming the first issuer, alongside the addition of two new CASPs.
Standard Chartered, Animoca Brands, and HKT have launched HKDAP, Hong Kong's first regulated HKD stablecoin, boosting the region's digital currency innovation.
Anchorpoint, led by Standard Chartered, has launched the HKDAP stablecoin, with HashKey Exchange and OSL Group as authorized distributors for institutional
Cashi has launched a public beta for its stablecoin spending app and Visa card, aiming to enhance digital currency transactions for users.
Samsung plans to leverage its 800 million Galaxy phones as digital asset wallets, enhancing its role in the stablecoin market and crypto infrastructure.
Tether announced a $1.5 billion operating profit for Q2, while its reserve buffer decreased significantly, adding gold and bitcoin to its holdings.
Britain's digital gilt pilot could enhance market liquidity, but its success hinges on regulatory approval for an onchain stablecoin, experts warn.
Visa has introduced a stablecoin platform enabling banks and fintechs to issue and manage digital dollars, intensifying competition in the market.
SBI VC Trade introduces a new lending product for its yen stablecoin, JPYSC, offering a 3% annual yield for a 12-week term starting July 13.
SBI VC Trade will begin yen stablecoin lending on July 16, offering a 3% annual yield for a 12-week term, though without deposit insurance.
Ripple's stablecoin is losing traction on a major blockchain, contributing to a notable decline in XRP's value. Market reactions are being closely monitored.