Tag: Stablecoin

Taiwan to Pass Stablecoin Regulations in Late 2026: Report

boss

Taiwan could see its first stablecoin launched as early as the second half of 2026 as lawmakers advance new rules for digital assets, according to one of the country’s financial regulators. According to a Focus Taiwan report on Wednesday, Financial Supervisory Commission (FSC) Chair Peng Jin-lon said that, based on the timeline for passing related legislation, a Taiwan-issued stablecoin could enter the market in the second half of 2026. Should the Virtual Assets Service Act pass in the country’s next legislative session, and accounting for a six-month buffer period for…

Lawmakers Stumble on Stablecoin Terms as US Congress Grills Fed’s Bowman

boss

US Representative Stephen Lynch pressed Federal Reserve Vice Chair Michelle Bowman on Tuesday over her past remarks encouraging banks to “engage fully” with digital assets, questioning the Fed’s role in advancing crypto frameworks while showing confusion over the definition of stablecoins. In a Tuesday oversight hearing, Lynch asked Bowman, the Fed vice chair for supervision, about remarks she had made at the Santander International Banking Conference in November. According to the congressman, Bowman said she supported banks “[engaging] fully” with respect to digital assets. However, according to Bowman’s comments at…

Coinbase x402 Adds ID and Age Checks for AI Stablecoin Payments

boss

Coinbase’s internet-native payment protocol, x402, has integrated Concordium’s identity and age-verification system in a move aimed at enabling AI agents to make automated stablecoin payments. Announced Tuesday, the integration is designed to allow AI-powered applications to pay for goods and services that require age or identity verification, including travel bookings, online content, video games and other age-restricted services.  Concordium CEO Boris Bohrer-Bilowitzki said the partnership is intended “to enable verified stablecoin payments at scale.” As Cointelegraph previously reported, x402 is a protocol that enables pay-per-use payments on the internet.  Developed…

10 European Banks Form Stablecoin Company qivalis

Key Notes Ten major European banks have formed a stablecoin company qivalis. The plan is to launch a euro-backed stablecoin by 2026. EU banks want to tackle the rising dominance of USD-backed stablecoins. A coalition of ten major European banks has officially launched a new Amsterdam‑based company called qivalis to create a euro‑pegged stablecoin capable of countering the overwhelming dominance of US digital‑dollar systems. The consortium includes ING, UniCredit, BNP Paribas, Raiffeisen Bank International, SEB, Danske Bank, CaixaBank, KBC, Banca Sella, and DekaBank. Together, these firms intend to build a…

Does GENIUS Make Stablecoin Issuers Stealth Buyers of US Debt?

boss

The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law on July 18, is billed as the statute that finally drags dollar‑pegged tokens out of the regulatory gray zone into a supervised, payments‑first framework. Supporters say it offers legal clarity, consumer protections and a path for programmable money. Critics say it raises a deeper question: If issuers are tightly steered into holding cash and short‑term Treasurys, does that make them structural buyers of US debt? That’s the case laid out by author and ideologist Shanaka Anslem…

Sony to Bring USD-pegged Stablecoin in Early 2026 for In-Game Settlements

Key Notes Sony’s goal behind launching a USD stablecoin is to enable low-cost digital payments and reduce reliance on credit cards. The bank has applied for a US banking license and partnered with Bastion to meet regulatory requirements. However, US banking groups have raised regulatory and consumer-protection concerns. Japanese tech giant Sony is preparing to launch its own USD-pegged stablecoin in the market, used for payments across its gaming and anime ecosystem. The launch will reportedly happen in early 2026. Sony Bank to Come Up with Its USD-Pegged Stablecoin Japan’s…

Ether Eyeing $3.2K As Stablecoin Yields Remain Low: Santiment

boss

Ether’s price may rise nearly 7% in the near term, as subdued stablecoin yields suggest the crypto market has yet to reach overheated conditions, according to crypto sentiment platform Santiment. “Currently, yields are low, around 4%. This indicates the market has not reached a major top and could still push higher,” Santiment said in a report on Saturday, forecasting that Ether (ETH) could revisit its $3,200 resistance level soon. This represents an approximate 6.7% increase from its price of $2,991 at the time of publication according to CoinMarketCap.  Ether is…

Stablecoin Supply Boost Comes Despite Crypto Market Drawdown

boss

Bitcoin (BTC) has retained a key bull signal despite the crypto market drawdown, new research says. Key points: Stablecoin supply trends stay positive for crypto market growth, new research shows. The ERC-20 stablecoin supply alone is at $185 billion. Binance users are storing stablecoin “dry powder” for market entries. Research: Stablecoins matter more than M2 supply Data from onchain analytics platform CryptoQuant confirms that the supply of stablecoins continues to circle all-time highs in November. Crypto internal liquidity points the way to fresh growth despite recent short-term setbacks, CryptoQuant shows.…

Visa Partners With Aquanow to Expand Stablecoin Settlements Across CEMEA Region

Key Notes Visa’s stablecoin settlement network now reaches CEMEA through Aquanow partnership, processing $2.5B monthly. The collaboration enables 24/7 instant settlements using USDC, eliminating traditional banking delays for cross-border transactions. Stablecoin market surpasses $305B in 2025 as major payment networks adopt blockchain rails for institutional flows. Visa Inc. announced a partnership with crypto fintech company Aquanow on November 27 to extend stablecoin settlement options across Central and Eastern Europe, the Middle East, and Africa (CEMA). According to the announcement, the deal links Visa’s payment network to Aquanow’s digital asset infrastructure,…

Binance Stablecoin Reserve Hits ATH, Is This Good Sign?

Key Notes CryptoQuant reported that Binance’s stablecoin reserve has topped $51.1 billion. To complete this, BTC and ETH inflows into Binance came in at $15 billion. Generally, there is a surge in the rate of stablecoin adoption. Blockchain analytics platform CryptoQuant has reported a significant surge in Bitcoin BTC $87 234 24h volatility: 0.4% Market cap: $1.74 T Vol. 24h: $59.31 B stablecoin reserve on exchanges. Precisely, it hit a record of $51.1 billion, marking the highest level in all of history. Binance Outperforms Other Exchanges in Stablecoin Reserve According…