Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Standard Chartered-backed @Anchorpoint says it will not rush its retail Hong Kong dollar stablecoin or confirm a launch date, after @HSBC launched RedCoin for PayMe users. #Update #Stablecoins
Bank Policy Institute renewed its call for the Office of the Comptroller of the Currency to clarify how its final stablecoin rule treats third-party rewards, citing unclear case-by-case decisions. #Update #Regulation
@Tether_to says 15 mining firms and hardware makers will integrate its open toolkit, designed to help operators control mixed $BTC mining equipment through one interface. #Update #Mining $BTC
@HSBC launched its Hong Kong dollar stablecoin, RedCoin, in PayMe. More than 3.3 million users can activate wallets to pay friends and over 100,000 merchants. #Update #Stablecoins
In a weekly deal roundup, @Strive raised $630 million through preferred shares, while @Tether backed two startups. Strive plans to use some proceeds for $BTC purchases. #Update #Crypto $BTC
Sen. Richard Blumenthal demanded records from @Tether over reported payments to a firm co-owned by a former White House crypto adviser, citing possible ethics violations. #Update #Legal $USDT
@solayer_labs says Solayer Pay now accepts supported $USDC and $USDT deposits from Solana, Ethereum, Arbitrum, BNB Chain and Base directly into card balances, without an extra bridge step. #Update #Payments
Sen. Richard Blumenthal asked @Tether for records of payments to a firm co-owned by former White House crypto adviser Bo Hines, raising ethics concerns. #Update #Legal
Senator Richard Blumenthal requested records from @Tether and @NxumGroup over reported consultancy payments and potential ethics concerns tied to a former White House crypto adviser. No wrongdoing has been established. #Update #Legal $USDT
@HSBC launched its regulated Hong Kong dollar stablecoin, RedCoin, through PayMe, giving 3.3 million users access to instant transfers and payments at over 100,000 merchants. #Breaking #Stablecoins
Senator Richard Blumenthal asked @Tether_to for records on its reported deal with a former White House crypto adviser’s company, citing concerns about stablecoin lobbying. #Update #Legal $USDT
@Tether disclosed exposure to EQIBank amid a US asset-seizure case involving Capstone Limited. It has not said whether the exposure affects $USDT reserves or redemptions. #Update #Crypto $USDT
@HSBC launched RedCoin, a Hong Kong dollar stablecoin for transfers and merchant payments through its @PayMeHK app. Wallet access will roll out to users in the coming days. #Update #Stablecoins
Bank Negara Malaysia and the Bank of Thailand joined Singapore’s @MAS_sg BLOOM initiative to test stablecoins and tokenized deposits for cheaper cross-border payments. #Update #Stablecoins
