Tag: stablecoin
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Fed’s Miran says stablecoin surge could help push interest rates lower
Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower.In a speech delivered...
Japan’s FSA Backs Major Banks’ Joint Yen Stablecoin Rollout
Japan’s financial regulator, the Financial Services Agency (FSA), endorsed a project by the country’s largest financial institutions to jointly issue yen-backed stablecoins.In a...
Bank Indonesia to Launch ‘Stablecoin Version’ Backed by Government Bonds
Bank Indonesia (BI), Indonesia’s central bank, is moving ahead with plans to issue what it describes as its “national stablecoin version,” a digital...
Fed opens a narrow payments door to stablecoin issuers, Arthur Hayes warns of bank fallout
Federal Reserve Governor Christopher Waller proposed a new payment account on Oct. 21 that would grant stablecoin issuers and crypto firms direct...
China Tech Giants Halt Hong Kong Stablecoin Plans Amid Beijing Concerns
Chinese technology giants, including Ant Group and JD.com, have reportedly suspended plans to issue stablecoins in Hong Kong after regulators in Beijing voiced...
