Stablecoins
From Hawala to Swift: Inside the 1,000-year battle to move money safely
Finance has spent centuries decoupling wealth from physical transport, but constantly erasing friction creates vectors for increasingly high-tech exploits.
Inside the high-stakes battle between digital dollars and Swift's massive money engine
Crypto executives say new blockchain payment infrastructure could make Swift obsolete. Bankers say its 11,500-institution network gives it the power to absorb the technology instead.
The next trillion-dollar currency may not be a stablecoin — it might not even have a name yet
AI agents are coming. They will need to pay each other. Crypto executives agree on the problem but disagree sharply on the solution, and one thinks the answer has not been invented yet.
SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia
The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.
Visa doubles down on South Korea with Upbit operator Dunamu on stablecoin payments
Following a deal with Shinhan Financial, the global payments giant is widening its footprint in Asia’s major crypto hub through South Korea's largest exchange.
Mirae Asset eyes $109 billion crypto empire after acquiring Digital X
Park Hyeon-joo, Mirae Asset Financial Group’s founder, outlined his ambitious stablecoin, RWAs, and STOs plan for Digital X, formerly known as Korbit, in an event for his employees.
Britain plans new Bank of England objective for stablecoins
Financial stability would remain its primary duty, with annual reports to Parliament on the new objective being planned.
South Korea’s top financial conglomerate team up with Visa to test stablecoin issuance and B2B settlements
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AI-powered payment models.
Euro stablecoins get a mainstream push as Revolut begins rolling out EURR in Europe
Revolut said the stablecoin’s rollout will start with a select group of customers within Denmark, Poland, and Portugal.
