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.

23356 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
South Korean internet bank K-Bank establishes digital asset working group

South Korean internet bank K-Bank establishes digital asset working group

PANews reported on July 29 that according to Money Today, South Korea's Internet bank K-Bank recently established a digital asset task force (TF) and started to develop digital asset financial

Author: PANews
The Bank of Korea has established a new virtual asset team under the Financial Payments Bureau.

The Bank of Korea has established a new virtual asset team under the Financial Payments Bureau.

PANews reported on July 29th that, according to Yonhap News Agency, the Bank of Korea (the central bank) has decided to establish a new "Virtual Asset Group" within the Financial

Author: PANews
Circle and FIS join forces to integrate USDC payment into banks

Circle and FIS join forces to integrate USDC payment into banks

Fidelity National Information Services is partnering with global stablecoin issuer Circle to bring stablecoin adoption into banking infrastructures. What will the partnership entail for customers? On July 29, the two companies declared the collaboration aims to help financial institutions, particularly…

Author: Crypto.news
The false promise of stablecoins: the next time bomb for the US financial crisis

The false promise of stablecoins: the next time bomb for the US financial crisis

Article by: Rana Foroohar Translated by: Block Unicorn Last week, I was heartbroken when I read that JPMorgan Chase was considering lending against clients' cryptocurrency holdings, even though we all

Author: PANews
Hong Kong Media: JD.com Coin Chain has registered JCOIN and JOYCOIN, which may be the names of its stablecoins

Hong Kong Media: JD.com Coin Chain has registered JCOIN and JOYCOIN, which may be the names of its stablecoins

According to a July 29th report from PANews, Ming Pao Finance reported that JD.com (9618)'s JD Coin Chain has registered "JCOIN" and "JOYCOIN," two names widely believed to be used

Author: PANews
South Korea's ruling and opposition parties disagree on stablecoin regulation bill

South Korea's ruling and opposition parties disagree on stablecoin regulation bill

PANews reported on July 29 that according to Decrypt , South Korea's ruling party and opposition party submitted competing draft legislation on stablecoins on Monday, with differences over key terms

Author: PANews
Nasdaq-Listed Mill City Ventures Raises $450M to Pivot Into Crypto with Sui Treasury

Nasdaq-Listed Mill City Ventures Raises $450M to Pivot Into Crypto with Sui Treasury

Mill City Ventures III, a Nasdaq-listed non-bank lender, has raised $450 million in a private placement to overhaul its business model and establish a cryptocurrency treasury centered on Sui, the native token of the Sui blockchain. Key Takeaways: Mill City Ventures raised $450M to build the first public Sui token treasury. 98% of the funds will be used to acquire SUI, with Galaxy managing the treasury. Despite the move, SUI’s price fell 11% amid broader altcoin market weakness. The Minneapolis-based firm disclosed Monday that it sold 83 million shares to institutional investors, with capital commitments from prominent crypto backers including Pantera Capital, Electric Capital, ParaFi Capital, Arrington Capital, and FalconX. Galaxy Asset Management has been tapped to manage the new treasury. Mill City Allocates 98% of $450M Raise to Build First Public Sui Treasury Roughly 98% of the funds will be used to purchase SUI tokens, marking what Mill City describes as the first public company Sui treasury. The remaining 2% will support its legacy short-term lending operations. Stephen Mackintosh, the firm’s incoming chief investment officer, framed the move as a bet on the convergence of crypto and artificial intelligence. “We believe that Sui is well-positioned for mass adoption with the speed and efficiency institutions require for crypto at scale, plus the technical architecture capable of supporting AI workloads,” he said. Mysten Labs co-founder Adeniyi Abiodun echoed that sentiment, calling Sui the infrastructure of choice for crypto, AI, and stablecoins at scale. The Sui ecosystem has experienced rapid growth in recent months, particularly in DeFi. Total value locked (TVL) across its protocols reached an all-time high of $2.22 billion over the weekend, up nearly 400% since July 2024, according to DefiLlama. Leading protocols like Suilend, NAVI, and Haedal currently account for $1.7 billion of that TVL. Galaxy is investing and managing the treasury for Mill City Ventures III, Ltd., following a $450M private placement to initiate a $SUI treasury strategy. Backed by a broad group of institutional investors, including the @SuiFoundation , @Karatage_ , and others. Galaxy Asset… — Galaxy (@galaxyhq) July 28, 2025 Despite the strategic shift and institutional support, the market response has been muted. SUI dropped 11% over the past 24 hours amid a broader altcoin selloff. The token, which reached an all-time high of $5.35 in January, is now down 27% from its peak. Crypto Treasuries Aren’t Really Buying Crypto A growing number of publicly traded companies are raising hundreds of millions of dollars to build crypto treasuries, but one analyst says many aren’t actually buying digital assets from the open market . As reported, crypto analyst Ran Neuner claimed that crypto treasury firms are acting less like buyers and more like exit vehicles for crypto insiders. Instead of purchasing assets directly from exchanges, these companies often receive crypto contributions from existing holders, in exchange for shares that later trade at massive premiums on public markets. Skepticism around the sustainability of the crypto treasury trend is also growing. Last month, Glassnode lead analyst James Check raised concerns over the longevity of the corporate Bitcoin treasury strategy, arguing the easy gains might already be gone for new entrants as the market matures. The warning echoes recent comments from Matthew Sigel, head of digital asset research at VanEck, who has voiced concerns over the Bitcoin treasury strategies adopted by some publicly traded firms.

Author: CryptoNews
MetaMask launches the “Stablecoin Earning” feature to support earning income directly in the wallet

MetaMask launches the “Stablecoin Earning” feature to support earning income directly in the wallet

According to PANews on July 29th, the crypto wallet MetaMask officially launched the "Stablecoin Earn" feature, allowing users to deposit stablecoins directly into their MetaMask wallets and earn returns. Powered

Author: PANews
Will the GENIUS Act bring about another DeFi Summer?

Will the GENIUS Act bring about another DeFi Summer?

By: Blockchain Knights Welcome to Slate Sundays, a new weekly column from CryptoSlate that features in-depth interviews, expert analysis, and thought-provoking commentary that goes beyond the headlines to explore the

Author: PANews
China Industrial Bank Fast-Tracks AI-Driven Stablecoin Plan Amid Dollar Dominance Threat

China Industrial Bank Fast-Tracks AI-Driven Stablecoin Plan Amid Dollar Dominance Threat

Key Takeaways: Industrial Bank links stablecoin research with AI under China’s digital finance agenda. Zhu Guangyao calls dollar stablecoins a new Bretton Woods mechanism. Stablecoin infrastructure may become central to Belt and Road trade integration. China Industrial Bank will prioritize research into stablecoins and expand its “AI+” initiative, according to a report published by Shanghai Securities News . At its mid-year work conference, the bank outlined plans to accelerate the shift from a “Digital Industrial Bank” to a “Smart Industrial Bank.” It said the effort will be supported by the “Data Elements X” program and measures to strengthen digital infrastructure. Stablecoin and AI for “Smart Industrial Bank” Industrial Bank said it will focus on refining management capabilities. Plans include deepening client engagement, optimizing liability costs, and enhancing its regional branch network. The institution also noted it would adjust its risk appetite and reinforce accountability across management levels. By combining stablecoin research with AI applications , the bank said it intends to build a more resilient foundation for financial services while aligning with China’s broader digital economy agenda. The bank noted reforms in its risk management framework, pledging to strengthen forward-looking risk assessments and early-warning mechanisms. It also set goals to enhance asset-liability management by expanding settlement-based liabilities and rebalancing pricing structures. According to the report, Industrial Bank will also promote industrial finance, enhance research-driven strategies, and integrate its “Three Name Cards” policy with the “Five Major Articles” plan to advance coordinated development. China Faces Currency Internationalization Challenges At a recent closed-door seminar hosted by the New Economists Think Tank, former Deputy Finance Minister Zhu Guangyao urged China to incorporate yuan-backed stablecoins into its top-level financial strategy. People’s Bank of China Governor Pan Gongsheng laid out in the clearest terms yet his vision for the future of a new global currency order after decades of dollar dominance, predicting a more competitive system will take root in the years to come https://t.co/9zChzN9KRR — Bloomberg (@business) June 18, 2025 Zhu described dollar-pegged stablecoins as an extension of U.S. monetary strategy, calling them “the third phase of the Bretton Woods system.” He noted their transaction volume reached $27.6 trillion in 2024, surpassing Visa and Mastercard, with cross-border payments exceeding $250 trillion. He proposed using Hong Kong as a regulatory sandbox, issuing both offshore and domestic CNY stablecoins, and closely monitoring U.S. enforcement of stablecoin rules. He argued that yuan-backed stablecoins could diversify payment channels beyond SWIFT and CHIPS, allowing gradual currency internationalization while adhering to international reserve and audit standards. For China, aligning CBDC and stablecoin projects with cross-border trade initiatives like the Belt and Road could extend the yuan’s reach without requiring full capital account liberalization. Frequently Asked Questions (FAQs) What distinguishes stablecoins from China’s e-CNY? Unlike the centrally issued digital yuan, yuan-backed stablecoins would likely be issued offshore or via licensed entities, potentially offering greater flexibility in cross-border usage and integration with foreign systems. What risks accompany yuan-backed stablecoin issuance? They include potential sanctions exposure, liquidity management challenges, and the need to maintain reserve transparency to build global trust. How might AI integration support stablecoin use? AI systems could enhance risk monitoring, fraud detection, and automated compliance, reinforcing security as transaction volumes grow.

Author: CryptoNews