Stablecoins
Wholesale stablecoins: fad or future?
The combination of private-sector indifference and public-sector caution suggests no rush for these digital tokens
Vietnam signals a ‘Finternet’ dawn for Asean
The nation is building the digital foundation of its economic transformation; its neighbours should move too
Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead
The next phase of integration will matter most
Global cooperation on stablecoins critically important: BIS
The central bankers’ central bank has long raised concerns about 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
