Stablecoins
Standard Chartered, Animoca, and Three Others Join HKMA's Stablecoin Sandbox as Participants
On Wednesday, Hong Kong's central bank also said that it planned to present a bill on fiat-referenced stablecoins to the Legislative Council later this year.

How Blackbird Brings Dining Experiences On-Chain
Base creator Jesse Pollak discusses how Blackbird, a product built on Base, is bringing dining experiences on-chain and improving transaction methods for small businesses through stablecoins.

How On-Chain Consumer Products Represent an Industry Shift
Base creator Jesse Pollak weighs in on the crypto industry's shift from building mostly financial products to real-world use cases on the blockchain. Plus, the significance of stablecoins like USDC and EURC when it comes to improving payment systems.

Tether Taps Chainalysis Chief Economist Philip Gradwell as Economics Head
Gradwell will be responsible for quantifying the Tether economy to regulators.

Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody
The Monetary Authority of Singapore released its stablecoin framework last year.

Circle Snags First Stablecoin License Under EU's New MiCA Crypto Rules
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.

U.K.'s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms
The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.

EU's Restrictive Stablecoin Rules Take Effect Soon and Issuers Are Running Out of Time
The European Banking Authority published its final report on draft standards for stablecoin issuers on June 19.

Stablecoin Issuers Now 18th Largest Holder of U.S. Debt
Stablecoin issuers are fast emerging as a significant source of demand for the U.S. Treasury notes as concerns about Washington's debt management grow.

Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies
Members of the global financial stability body discussed areas that "warrant further attention" in the crypto sector during a meeting in Toronto last week.

