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The growing adoption of stablecoins across Asia marks a significant shift in the regions financial landscape. dollar-pegged stablecoins like USDT and USDC primarily dominate the cryptocurrency topography. Operating on Ethereum and other blockchain networks, XSGD boasts a market cap exceeding $18 million. With a market cap of $4.8
Ireland-based electronic money institution (EMI) DECTA is joining forces with France-based fintech Next Generation to launch a new Euro-pegged stablecoin, ‘EURT’ DECTA and Next Generation explained that EURT is fully compliant with MiCA requirements and will operate on the Stellar blockchain, as well as three other platforms.
Transforming Payments with CBDCs Singapores proactive exploration of CentralBank Digital Currencies (CBDCs) underscores its commitment to financial innovation and inclusion. Stablecoins Gain Traction in Singapore Stablecoins across Asia are gradually reducing their dependence on the U.S.
Stablecoins help bridge the gap between fiat currency and crypto. Businesses can quickly move money without crypto’s usual price volatility, while still conducting secure, low-cost financial transactions without centralized intermediaries like governments or banks.
.” Payments utility is also expected to drive greater stablecoin adoption in the UAE, with stablecoins offering real-time settlement compared to traditional banking systems, which often take days to process. Launched at the end of December on global exchanges, Ripples ownhas already surpassed $130million in market cap.
billion market cap. payments group, will file its expected IPO with joint coordinators Morgan Stanley and Goldman Sachs, two of the largest American banks. The Chinese online commerce services upstart WeTrade Group is aiming to raise approximately $121 million in its transfer from the OTC board to Nasdaq per an S-1 filed with U.S.
Group 1 includes tokenised traditional assets, such as bonds and equities, and stablecoins backed by traditional assets with strict stabilisation mechanisms and regulatory oversight. Stablecoins must be redeemable for predefined values, minimise market fluctuations, and comply with centralbank supervision.
In Asia, stablecoins are gaining significant attention, prompting governments to step in with efforts to regulate the sector. The report, released in April 2025, explores Asias rapidly evolving stablecoin landscape, noting that different countries are taking varied approaches to stablecoin integration.
Understanding use cases: From stablecoins to tokenisation While De-Fi discussions often focus on theoretical concepts, several tangible use cases illustrate its practical applications in the payments industry. Among the most prominent are stablecoins and the tokeni s ation of traditional financial instruments. billion in May 2022.
Immediate focus areas include fraud prevention, ISO 20022 readiness, and stablecoin regulationbut longer-term success depends on active engagement with consultations, operational resilience, and global alignment. Following the UKs departure from the EU, the caps that previously limited these fees no longer apply. What’s next?
This week’s edition of Tales from the Crypto features an update on Ripple’s newly launched stablecoin RLUSD, El Salvador’s negotiated commitment to Bitcoin, as well as an acquisition and a new partnership. PYUSD has a market cap of more than $491 million. EURC has a market cap of more than $82 million.
stock indices, gold, and Bitcoin, despite continued geopolitical tensions and centralbank policy shifts. With the re-election of Donald Trump and rate adjustments by major centralbanks, 2025 is projected to be another dynamic year for global markets. Securities and Exchange Commission (SEC).
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