Stablecoins

South Korea’s Korbit to rebrand as Digital X under Mirae: Report

South Korean crypto exchange Korbit will reportedly rebrand as Digital X following its acquisition by Mirae Asset Group. Mirae Asset founder Park Hyeon-joo announced...

Banks oppose stablecoin yield deal – Can CLARITY Act find 60 votes?

U.S. banks, represented by the Bank Policy Institute (BPI), oppose the CLARITY Act draft on stablecoins, saying provisions on stablecoin yield and illicit finance...

Philippine bank BPI plans stablecoin payments pilot

The Bank of the Philippine Islands (BPI) is planning to pilot a stablecoin-based settlement rail for cross-border payments to Filipino remote workers. Developed in...

Samsung Wallet plans stablecoin support in digital payments expansion

Samsung plans to integrate stablecoin support into its Samsung Wallet application, marking a new step in the integration of blockchain-based assets into its mobile...

Tether’s Former CIO Heathcote Plans to Sell Equity Stake

Richard Heathcote, former chief investment officer of Tether Holdings SA, is planning to sell part of his 1.26% stake in the stablecoin issuer. He...