stablecoins

Making stablecoins more scalable - THE EDGE SINGAPORE

Singapore Fintech Festival 2024

Making stablecoins more scalable

StraitsX's Chan says that the company has been working on having an official public launch for its partnership with Grab and Alipay at SFF 2024.
Paxos approved by MAS for DPTservices; names DBS as primary banking partner   - THE EDGE SINGAPORE

Fintech

Paxos approved by MAS for DPT services; names DBS as primary banking partner

The approval marks Singapore as the third market where Paxos and its related entities are authorised to issue stablecoin.

Cryptocurrency

More than 90% of stablecoin transactions aren’t from real users, study finds

Less than 10% of stablecoin transactions are “organic", but payments companies continue to expand into stablecoins.

Cryptocurrency

Standard Chartered-backed digital asset firm Zodia Custody launches in Singapore

Zodia Custody will partner with banks to provide digital asset custody services. It raised US$36 million this April.

Cryptocurrency

MAS finalises regulatory framework for single-currency stablecoins

Currently, stablecoins are treated as digital payment tokens, but the MAS says the framework is not adequate.

Cryptocurrency

How to regulate stablecoins

It is past time for the different jurisdictions seeking to provide licenses in the space to patch holes in their frameworks

Cryptocurrency

MAS to launch public consultation on proposals to minimise crypto consumer harm, regulating stablecoins by October

The MAS sees good potential in stablecoins, provided they are securely backed by high quality reserves and well-regulated.

Cryptocurrency

The upheaval in the stablecoin market

The stablecoin market was rattled recently by a series of events surrounding the Terra Luna collapse.

Cryptocurrency

Fresh Off The Block: Stablecoins shed US$34 bil in market cap, OpenSea’s NFT marketplace dominance declines and more

Fresh Off The Block: Stablecoins shed US$34 bil in market cap, OpenSea’s NFT marketplace dominance declines and more

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