Tag: Stablecoin

Malaysian Crown Prince Debuts Stablecoin “RMJDT”

Key Notes Malaysia’s Johor Crown Prince launches ringgit-backed stablecoin RMJDT. Token aims to become the country’s standard for crypto-based payments. The initiative aligns with Malaysia’s growing push toward regulated crypto innovation. Malaysia’s crown prince of Johor has reportedly introduced a new ringgit-backed stablecoin to modernize payments across the country. The initiative is one of the most high-profile crypto moves in Southeast Asia this year, amid rising interest in regulated blockchain-based financial tools. The regent of Johor and eldest son of Malaysia’s current king, Ismail Ibrahim-owned Bullish Aim Sdn. revealed the…

Tether’s Stablecoin USDT Gains Multi-Chain Regulatory Recognition in Abu Dhabi’s ADGM

Key Notes ADGM approves USDT as Accepted Fiat-Referenced Token on nine additional blockchain networks for regulated use. The recognition follows October 2024 initial approval and months of compliance collaboration with FSRA. Tether strengthens Middle East strategy with plans for AED-pegged stablecoin and UAE real estate partnerships. Tether announced that its USDT stablecoin has been officially recognized as an Accepted Fiat-Referenced Token (AFRT) by the Abu Dhabi Global Market (ADGM) for use on multiple blockchains, including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON. The approval allows ADGM-authorized entities…

Stable Blockchain: A Dedicated Platform for Institutional-Scale Stablecoin Operations

Zach Anderson Dec 08, 2025 15:40 Stable is a blockchain specifically designed to support stablecoin operations, using USDT as its native token, offering high performance and regulatory compliance for financial institutions. Stable is a blockchain platform uniquely designed to enhance stablecoin operations at an institutional level, focusing on consistent performance, regulatory compliance, and integration into existing financial systems, according to blog.bitfinex.com. Unlike generic blockchains that regard stablecoins as just one of many assets, Stable is tailored specifically for USDT, the native token…

EU Consolidates Crypto Regs, IMF Stablecoin Risk: Global Express

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European tech regulators have fined social media platform X 120 million euros ($140 million) for breaking EU rules pertaining to online content. The fine follows a two-year investigation under the Digital Services Act (DSA), which reportedly found that X was not doing enough to tackle illegal and harmful material. Regulators also said that the blue check marks on Elon Musk’s platform were deceiving. They did not follow industry decisions and negatively impacted users’ ability to make informed decisions about the authenticity of an account. The fine is part of a…

Ex-Binance.US CEO Launches Stablecoin Platform Ahead of L1 Network

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1Money, a company co-founded by the former CEO of Binance.US, has launched a stablecoin orchestration platform ahead of its plans to build a layer-1 blockchain for payments. In a Thursday announcement, 1Money said the platform by the same name will have “zero platform fees,” opting instead for usage-based fees for transactions involving stablecoins and fiat. According to the company, the initiative will continue on 1Money’s layer-1 network for stablecoin payments, offering no gas fees. “For too long, legacy stablecoin service providers have held the ecosystem back with outrageously high monthly…

Fin Raises $17M to Launch Global Stablecoin Payments App

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Former Citadel engineers Ian Krotinsky and Aashiq Dheeraj have raised $17 million to launch Fin, a stablecoin-powered payments app designed for high-value cross-border transactions. According to Fortune on Wednesday, the startup, previously known as TipLink, closed the round with backing from Pantera Capital, Sequoia and Samsung Next. Fin plans to pilot the app within the next month, targeting import-export businesses that often move hundreds of thousands of dollars at a time. Built around stablecoin rails, Fin will enable users to send funds to other payment apps, bank accounts, and crypto…

Tron Hits $80.2B Stablecoin Milestone After Tether Mints 1B USDT On The Network

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the heldTron has emerged as one of the strongest performers during the latest market downturn, showing a level of resilience rarely seen among major altcoins. While most large-cap cryptocurrencies have suffered drawdowns of 40% or more since August, Tron has limited its losses to just 24%, outperforming nearly the entire altcoin sector. This relative strength highlights the network’s unique positioning and the steady demand it continues to attract despite broader market weakness. Related Reading A major factor behind this resilience is Tron’s growing dominance in the stablecoin ecosystem. According to…

Taiwan to Pass Stablecoin Regulations in Late 2026: Report

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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

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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

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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…