Stablecoins
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
Tether is shaking up the gold market with massive metal hoard
The company makes money from its dollar stablecoin that is the giant of the sector, with US$186 billion in circulation
Tether returns to US market with launch of USAT stablecoin
Stablecoins are cryptocurrencies meant to maintain a steady value, typically pegged to the US dollar through reserves of cash or other asset
Stablecoins are US$500 billion risk to bank deposits: report
Bank lobbying groups fear that if crypto firms are allowed to offer rewards, that poses a material deposit flight risk
Tether says it bought 27 tonnes of gold in fourth quarter
The crypto company XAUT stablecoin is fully backed by the precious metal
Is crypto an opportunity or a threat?
The technology’s costs outweigh the benefits, especially in the absence of stronger regulation
Stablecoin transactions rose to record US$33 trillion, led by USDC
Stablecoins are a kind of cryptocurrency engineered to mimic the price of a mainstream asset, most often the US dollar
Barclays buys into stablecoin-settlement company Ubyx
Various banks and other financial institutions have announced plans involving stablecoins in the past year
