Stablecoins
Hong Kong grants first stablecoin licences to StanChart joint venture and HSBC
Both are forecast to launch in H2 2026 to cover cross-border and local use cases, and digital asset trading
Kasikornbank enables Grab QR cross-border payments for Thai travellers
The blockchain-powered infrastructure will enable real-time transactions for customers in Singapore
Wall Street-backed crypto exchange takes aim at Asia FX market using won stablecoin
The goal is to create a cheaper, digital alternative to traditional non-deliverable forwards
PayPal launches stablecoin PayPal USD in 70 markets including Singapore
This will enable instant cross-border transfers in US dollars
HSBC, Standard Chartered to get stablecoin licenses in Hong Kong
The city has been pushing ahead with ambitions to become a crypto hub through a series of regulatory measures first announced in 2022
Stablecoins could pose major risks to monetary policy, ECB paper warns
European lenders are developing a regulated euro-based instrument
JPMorgan sees crypto boost if market-structure bill passes
The Clarity Act is part of a broader push in Congress to create a comprehensive regulatory framework for digital assets
Malaysia central bank says to test ringgit stablecoins, tokenised deposits in 2026
[KUALA LUMPUR] Malaysia’s central bank on Wednesday announced three initiatives to test real-world applications involving ringgit stablecoins and tokenised deposits in 2026.
China bars unapproved issuance of renminbi stablecoins abroad
Beijing’s move comes at a time of elevated volatility in crypto markets
Tether’s annual profit drops 23% in midst of fundraising
USDT is the largest stablecoin, with over US$185 billion in circulation
