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BDACS announced the launch of KRW1, a South Korean won-backed stablecoin, following a proof of concept that validated its technical design. BDACS Targets Payments and Public Disbursements With KRW1 Stablecoin KRW1 is trademarked by BDACS and issued on the Avalanche (AVAX) blockchain. The company said its system links fiat deposits, token issuance, and onchain verification … Read more
Plasma plans to flip the switch on its mainnet beta on Thursday, Sept. 25, pitching itself as the layer one (L1) built to move digital dollars at scale. Stablecoin Rails: Plasma Locks in Sept. 25 for Mainnet Beta Plasma said the launch is designed to anchor a stablecoin-first network and chase a trillion-dollar opportunity in … Read more
Australia’s corporate watchdog on Thursday unveiled a class exemption letting licensed intermediaries distribute stablecoins issued by Australian financial services (AFS) licensees without separate approvals. Class Relief Lets Crypto Brokers Distribute Stablecoins Under One License The relief, published Sept. 18 by the Australian Securities and Investments Commission (ASIC), covers secondary distribution of stablecoins and removes the … Read more
Australia’s corporate watchdog on Thursday unveiled a class exemption letting licensed intermediaries distribute stablecoins issued by Australian financial services (AFS) licensees without separate approvals. Class Relief Lets Crypto Brokers Distribute Stablecoins Under One License The relief, published Sept. 18 by the Australian Securities and Investments Commission (ASIC), covers secondary distribution of stablecoins and removes the … Read more
In a recent article, Alex Gladstein argues that Trump’s sudden embrace of bitcoin had ulterior motives. He believes Trump’s interest in crypto is more about promoting stablecoins to extend the dollar’s hegemony than about replacing fiat. Analyst Believes Trump Used Bitcoin as a Trojan Horse for Stablecoins The interest of the Trump Administration in bitcoin … Read more
On Wednesday, the stablecoin market cracked into uncharted territory, vaulting past the $290 billion mark for the first time ever after padding its coffers with more than $4 billion in fresh capital over the past week. From USDT to RLUSD, Every Fiat-Pegged Token Joins the $290B Stablecoin Party Stablecoins are stealing the spotlight, complete with … Read more
With the Federal Reserve meeting today, onchain flows are telegraphing that crypto traders are topping off exchanges and leaning long ahead of a widely expected 25-basis-point cut. Pre-Fed Positioning Stablecoins are doing the heavy lifting. Cryptoquant data shows $7.6 billion in fresh USDT and USDC (ERC-20) deposits heading to trading venues ahead of the decision. … Read more
Bitwise has filed plans for a Stablecoin and Tokenization exchange-traded fund (ETF) that tracks an index of companies and crypto-asset exchange-traded products (ETPs) tied to the guts of onchain payments and asset settlement. Bitwise Aims ETF at the Back-End of Crypto: Issuers, Oracles, and ETPs Bitwise Funds Trust submitted a post-effective amendment on Sept. 16, … Read more
According to the stablecoin giant’s latest announcement, Tether tapped Anchorage Digital to issue the firm’s U.S.-focused stablecoin called USAT, a move both firms pitch as a federally supervised template for U.S. dollar tokens. Tether, Anchorage Digital Pair up on U.S.-Focused USAT Anchorage Digital Bank NA, a federally chartered digital asset bank, will oversee issuance, reserve … Read more
On Monday, the Web3 and payments infrastructure firm Transak revealed it will exclusively power stablecoin onramping in Metamask’s Deposit button, with upcoming support for metamask usd (mUSD), according to a company statement shared with Bitcoin.com News on Sept. 15, 2025. Transak Becomes Exclusive Onramp for Metamask’s Deposit Flow Transak said Metamask users in the U.S. … Read more