Stablecoins

Stablecoins are digital assets pegged to a stable reserve, such as the US Dollar or Gold, to minimize price volatility. Serving as the primary medium of exchange in Web3, tokens like USDT, USDC, and PYUSD facilitate global payments and DeFi liquidity. In 2026, the focus has shifted toward yield-bearing stablecoins and compliant stablecoin frameworks under global regulations like MiCA. This tag covers the intersection of traditional finance (TradFi) and crypto through stable on-chain liquidity solutions.

23200 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
EIP-1559: Ethereum from "World Computer" to "World Central Bank"

EIP-1559: Ethereum from "World Computer" to "World Central Bank"

Author:Haotian Many people regard Vitalik Buterin's emphasis on Ethereum as the "world ledger" as a new strategic adjustment, but in fact, this transformation was completed the moment EIP-1559 was launched.

Author: PANews
U.S. Democratic Senators propose "Official Income Curbing and Non-Disclosure Act" in response to Trump's relationship with the crypto industry

U.S. Democratic Senators propose "Official Income Curbing and Non-Disclosure Act" in response to Trump's relationship with the crypto industry

PANews reported on June 24 that according to Cointelegraph, U.S. Senator Adam Schiff and nine Democratic lawmakers proposed the Curbing Official Income and Non-Disclosure Act (COIN Act), which intends to

Author: PANews
E-commerce giants such as Shopify, Walmart, and Amazon have suddenly turned to stablecoins. Will payment be the killer application?

E-commerce giants such as Shopify, Walmart, and Amazon have suddenly turned to stablecoins. Will payment be the killer application?

Author: Vernacular Blockchain Remember when people asked, “Can I buy a cup of coffee with Bitcoin?” Today, crypto asset payments are no longer a niche scenario, but are seen by

Author: PANews
Fiserv announces plans to launch stablecoin in partnership with Circle, PayPal

Fiserv announces plans to launch stablecoin in partnership with Circle, PayPal

PANews June 24 news, according to Reuters, financial technology company Fiserv (FI.N) announced on Monday that it plans to launch the stablecoin FIUSD by the end of the year and

Author: PANews
Hong Kong Sets High Bar for Stablecoin Issuers Ahead of August Regime Launch

Hong Kong Sets High Bar for Stablecoin Issuers Ahead of August Regime Launch

Key Takeaways: Hong Kong’s licensing regime for stablecoin issuers begins on August 1, with limited approvals expected in the initial phase. Applicants must show detailed control systems, including asset security and AML compliance, and prove their ability to operate across jurisdictions. The HKMA references global regulatory frameworks, including FSB guidelines, to structure its supervisory approach. Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue outlined new expectations for stablecoin issuers under the city’s upcoming licensing regime, in a statement published on June 20. The ordinance establishing the framework, passed by the Legislative Council in May, takes effect on August 1. Yue said only a small number of issuers would be licensed initially, citing the need for “real-world use cases” and operational capacity. Hong Kong to Limit Stablecoin Licenses “Licensees must operate in a prudent and sustainable manner,” Yue said. “Building trust with market participants will be essential.” Applicants must prove they have strong controls for reserve management, price stability, asset protection, and anti-money-laundering, and that they are ready to follow the rules wherever their stablecoins are used. From a supervisory standpoint, Yue said the HKMA is aligning with international standards, referencing work led by the Financial Stability Board (FSB). He also noted that stablecoins carry features that raise cross-border and anonymity-related risks, requiring ongoing international coordination. “Given that stablecoins are an emerging product, the issuance business involves inherent risks, user protection considerations, and market capacity concerns. As such, the licensing regime will have a relatively high entry bar,” said Yue. “We anticipate issuing only a limited number of licences during the initial phase,” he said. The HKMA and PBoC are thrilled to announce the launch of Payment Connect, a collaborative initiative between HK’s FPS and Mainland’s IBPS, which enables a secure, efficient and convenient way for real-time cross-boundary remittances. pic.twitter.com/e6UgrZunxa — HKMA 香港金融管理局 (@hkmagovhk) June 20, 2025 Global Frameworks and Compliance Push Yue reiterated that stablecoins are not intended to function as investment tools. Instead, they are one of several emerging options for digital settlement, alongside central bank digital currencies and tokenized deposits. The statement also confirmed that participation in the HKMA’s sandbox is neither a requirement for applying nor a guarantee of license approval. All applicants will be evaluated under the same regulatory criteria. While the ordinance establishes Hong Kong’s initial oversight structure, Yue said future adjustments will consider market capacity and user protection needs. He added that the licensing regime would be enforced with “rigor and prudence.” How stablecoins will operate alongside CBDCs and bank-issued tokens remains unresolved. Authorities are still assessing legal status, interoperability, and potential risks across systems with different regulatory models. Frequently Asked Questions (FAQs) Could stablecoins be used for payments across different regulatory zones? Yes, but issuers must demonstrate compliance with local regulations wherever their tokens circulate, making legal and operational preparation essential. What are the common reserve models used by stablecoin issuers? Issuers may hold reserves in fiat currency, short-term government bonds, or other low-risk assets. The composition and custody of these reserves affect stability, transparency, and redemption reliability. How do redemption mechanisms impact stablecoin trust? Clear and timely redemption processes are central to user confidence. Delays or opaque procedures can lead to price instability or loss of peg, especially during periods of stress.

Author: CryptoNews
Fortune 500 firm Fiserv to launch stablecoin on Solana

Fortune 500 firm Fiserv to launch stablecoin on Solana

Fiserv, a Fortune 500 company listed on the New York Stock Exchange, plans to launch a bank-friendly stablecoin that it says will go live on Solana in the coming months. In an announcement, Fiserv said the stablecoin will leverage the…

Author: Crypto.news
Hong Kong to start issuing stablecoin licenses, with Ant Group and JD.com already in line

Hong Kong to start issuing stablecoin licenses, with Ant Group and JD.com already in line

Hong Kong to start issuing first stablecoin licenses within months, with companies like Ant Group and JD.com already in line. In a recent interview with China Daily, Hong Kong Financial Secretary Paul Chan Mo-po revealed that regulators have received “a…

Author: Crypto.news
Yu Weiwen: Hong Kong has set relatively strict standards for stablecoin issuers, and it is expected that only a few licenses will be issued in the first phase

Yu Weiwen: Hong Kong has set relatively strict standards for stablecoin issuers, and it is expected that only a few licenses will be issued in the first phase

PANews reported on June 23 that according to Jinshi Data, the Hong Kong Stablecoin Ordinance will take effect on August 1. Eddie Yue, Chief Executive of the Hong Kong Monetary

Author: PANews
Wyoming’s WYST stablecoin set to launch on August 20 at Blockchain Symposium

Wyoming’s WYST stablecoin set to launch on August 20 at Blockchain Symposium

Wyoming’s first-of-its-kind state-issued stablecoin WYST will officially launch on August 20, with the state confirming plans to debut the token at the Wyoming Blockchain Symposium in Jackson, WY. The new timeline was announced by the Wyoming Stable Token Commission after…

Author: Crypto.news
Why is it difficult for stablecoin summer to ignite Crypto enthusiasm?

Why is it difficult for stablecoin summer to ignite Crypto enthusiasm?

Arthur's long article clearly sorted out the past and present of stablecoins - Amazon and Walmart explored the issuance of stablecoins, Visa's stock price fell, and the entire stablecoin track

Author: PANews