Quantoz Payments announced the issuance of USDQ, a dollar-pegged stablecoin, and EURQ, a euro-pegged stablecoin, in the European Economic Area. The assets are MiCA compliant.  Quantoz Payments, a subsidiary of…

A group of major traditional financial and crypto companies teamed up to support the Global Dollar Network project, which aims to accelerate the global adoption of stablecoins. Representatives from Paxos…

FinTech company Paxos is launching USDG, a dollar-backed stablecoin. Its issuance will take place in the jurisdiction of Singapore in accordance with local laws.  Paxos Digital Singapore, Singapore’s arm of…

The U.S. Department of the Treasury meeting discussed the impact of tokenization and stablecoins on the growing demand for short-term T-bills, as well as the prospect of launching a government…

A member of the U.S. Federal Reserve’s Board of Governors said that stablecoins can strengthen the financial system if the necessary safeguards are put in place to minimize risks.  Speaking…

Paxos revealed a new solution for payment service providers (PSP) and FinTech companies that want to process transactions in stablecoins. The first customer to implement the Paxos solution is Stripe,…

Senator Bill Hagerty introduced an updated bill to regulate the stablecoin market in the U.S., aiming to boost transparency and reliability in stablecoin-based payment systems. Bill Hagerty, U.S. Senator from…

The South Korean authorities plan to apply currency regulation rules to stablecoin transactions. The initiative aims to strengthen control over digital assets in line with international standards. South Korea’s Ministry…

Coinbase Global Inc. plans to bring the listing of digital assets on its platform into compliance with European MiCA requirements by the end of 2024. Users from the European Economic…