Mirae Sets 150 Trillion Won Digital X Growth Target
Mirae Asset has set a 150 trillion won target for its Digital X digital-asset business, with stablecoins and tokenization among four planned areas.
Category: Stablecoins
UK Proposes Bank of England Payments Innovation Objective
The UK plans a secondary Bank of England objective for innovation in systemic payment systems, including those using stablecoins.
Revolut Begins EURR Stablecoin Rollout in Three European Markets
Revolut has started a phased rollout of Bridge-issued EURR to selected customers in Denmark, Poland and Portugal, with external-wallet support planned to widen as liquidity develops.
Standard Chartered Joins HKDAP as First Bank Distributor
Standard Chartered’s Hong Kong bank has become HKDAP’s first bank distributor, adding a regulated institutional channel to the stablecoin’s phased rollout.
USD1 Goes Live Natively on Canton for Tokenized-Asset Settlement
World Liberty Financial’s USD1 is now natively available on Canton, moving a previously planned integration into production availability for institutional settlement.
SBI Leads Fasset Series C as Stablecoin Banking Plans Expand
SBI is deepening its investment in Fasset as the companies plan a Malaysian digital bank and wider distribution of Fasset-issued tokens.
Bitcoin.com Plans USDU Support in Self-Custodial Wallet
Bitcoin.com plans to add UAE-registered USDU to its self-custodial wallet, initially supporting storage and transfers while other functions remain pending.
OCC Targets November for Final GENIUS Act Stablecoin Rule
Comptroller Jonathan Gould said the OCC aims to issue its final payment-stablecoin rule by November and begin processing applications in the new year.
FASB Proposal Sets a High Bar for Stablecoins as Cash Equivalents
A FASB proposal would let some stablecoins qualify as cash equivalents only when holders have direct redemption rights and reserves meet strict conditions.
Treasury Proposes US Stablecoin Issuance and Sales Rules
A US Treasury proposal would define when payment stablecoins are issued, offered or sold in the United States under the GENIUS Act.
ARP Digital Gains Dubai License for Crypto-Dirham Conversion
VARA has licensed ARP Digital as a broker-dealer, giving the firm a regulated basis to offer institutional digital-asset conversion in Dubai.
ESMA Register Adds Slovenia’s Dinaro and EURGH Token
Dinaro has become the first Slovenia-based institution in ESMA’s e-money-token register, but its EURGH entry carries a September notification date.