Stablecoins
Brazil’s finance minister delays divisive crypto tax plan
The proposed tax would classify some crypto transactions as foreign exchange operations, subject to rates ranging to as high as 3.5%.
South Korea crypto liquidity tumbles as stablecoin balances plunge 55% and stock buying rises
On-chain data shows a sharp drawdown in dollar-linked token holdings since July, with the latest wave triggered by won weakness.
DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends
Gauntlet noted that deposits are now back to same levels before the campaign, and has navigated large capital swings before due to incentive campaign endings, airdrops, and shifts in market conditions which regularly produce short-period swings in either direction.
Browser maker Opera seeks 160 million CELO stake to become key network stakeholder
The proposed allocation represents a major share of Celo's circulating supply and 16% of its maximum supply.
Bank of Korea adds two banks to digital won trials as real-world testing begins
Korea's central bank and nine commercial lenders started real-world testing of deposit tokens, including subsidy payments and peer-to-peer transfers.
Mastercard's $1.8 billion deal 'a clear answer' to a massive shift in the global payment war
Analysts say the $1.8 billion acquisition shows stablecoins are moving from niche use to global settlement rails.
Mastercard agrees to buy stablecoin platform BVNK for up to $1.8 billion
Payments giant Mastercard moves to bridge fiat and crypto with $1.8 billion acquisition of the U.K. based stablecoin startup.
PayPal expands its stablecoin into 70 markets
The payments giant says the dollar-backed PYUSD token will enable cheaper cross-border transfers and faster settlement for merchants.
Brazil industry giants representing 850 companies decry stablecoin tax threat
They argue the tax would be illegal, violating Brazil's Constitution and Virtual Assets Law, as stablecoins are not considered fiat currency.
AI developers may not be keen on crypto, but stablecoins are the secret to agentic finance, crypto insiders say
The brave new world of autonomous, micro-transacting AI agents is where programmable cryptocurrencies will shine, according to stablecoin experts.
