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.

23468 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
From Games to DeFi, Here’s a Look at the Top 10 Winning Projects from the ETHGlobal NYC Hackathon

From Games to DeFi, Here’s a Look at the Top 10 Winning Projects from the ETHGlobal NYC Hackathon

The weekend-long ETHGlobal New York 2025 hackathon has officially concluded. As one of the world's leading Web3 developer events, the hackathon attracted numerous developer teams to explore new application scenarios

Author: PANews
Chamath Palihapitiya Launches $250M SPAC Targeting DeFi, AI, and Defense

Chamath Palihapitiya Launches $250M SPAC Targeting DeFi, AI, and Defense

The post Chamath Palihapitiya Launches $250M SPAC Targeting DeFi, AI, and Defense appeared first on Coinpedia Fintech News SPAC King, Chamath Palihapitiya, is back in the blank check game with a $250 million initial public offering for American Exceptionalism Acquisition Corp. A. According to the filing with the US Securities and Exchange Commission (SEC) on Monday, the firm is targeting decentralized finance, AI, energy, and defense.   Palihapitiya Bets on Decentralized Finance Instead of …

Author: CoinPedia
South Korea Charts Cautious Path for Won-Based Stablecoin

South Korea Charts Cautious Path for Won-Based Stablecoin

The post South Korea Charts Cautious Path for Won-Based Stablecoin appeared on BitcoinEthereumNews.com. Key Points: Major South Korean banks plan a phased introduction of a won-based stablecoin. The initiative aims to enhance financial stability through regulatory control. Stablecoin introduction will prioritize KYC compliance, involving only large banks. Governor Lee Chang-yong announced the cautious introduction of a won-based stablecoin managed by banks, highlighting risks involved, during his address at South Korea’s National Assembly on October 19. This cautious approach could reshape South Korea’s financial sector while reducing reliance on USD-pegged stablecoins, sparking interest among major banks and enhancing regulatory oversight. South Korea Charts Cautious Path for Won-Based Stablecoin Major South Korean banks, overseen by Lee Chang-yong, are considering a cautious introduction of a won-based stablecoin within a regulated framework. In guidance from the Bank of Korea, a new stablecoin linked to the Korean won may debut with strict regulatory controls. Lee Chang-yong emphasizes a cautious start involving big banks first to ensure stability. Concerns about non-bank issuers’ systemic impact were voiced during a parliamentary meeting. Community reactions reflect a blend of optimism and caution as regulatory frameworks evolve. Statements from banking sectors stress prudence with Lee urging a cautious path to avoid financial disruptions. The proposal sparks debate on integrating innovative technology with conventional banking for nationwide economic impact. Global Implications and Expert Predictions for KRW Stablecoin Did you know? The drive for launching domestic stablecoins like the KRW pegged variant is seen globally as nations strive for currency independence and reduced reliance on USD-pegged tokens. Ethereum (ETH) currently experiences a notable 11.46% change in 24-hour trading volume, reflecting market volatility. Despite a slight drop of 1.64% in the last 24 hours, Ethereum saw a significant 67.87% increase over 60 days. Ethereum’s market cap stands at $510.75 billion as of August 19, 2025, according to CoinMarketCap. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 06:04…

Author: BitcoinEthereumNews
The Bank of Korea president suggested the gradual introduction of a Korean won stablecoin, emphasizing the bank's leadership.

The Bank of Korea president suggested the gradual introduction of a Korean won stablecoin, emphasizing the bank's leadership.

PANews reported on August 19th that, according to Yonhap News Agency, Bank of Korea President Lee Chang-yong stated that a Korean won stablecoin could contribute to currency programming, but that

Author: PANews
Hong Kong Launches Committee to Strengthen Crypto AML and CFT Standards

Hong Kong Launches Committee to Strengthen Crypto AML and CFT Standards

The post Hong Kong Launches Committee to Strengthen Crypto AML and CFT Standards appeared on BitcoinEthereumNews.com. Key Points: Hong Kong forms a committee to boost AML and CFT in digital assets. New policies target stablecoin issuers with stricter compliance. Industry leaders participate to align with global standards. The Hong Kong Digital Asset Anti-Money Laundering Committee (DAAMC) was established on August 19, 2025, with backing from the Hong Kong Virtual Asset Industry Association, SlowMist, and Yuanbi. DAAMC’s formation aligns with new Hong Kong regulations for stablecoin issuers, impacting digital asset compliance standards and promoting industry collaboration. Hong Kong Committees Target Stablecoin Issuer Compliance Hong Kong’s launch of the Digital Asset Anti-Money Laundering Committee is a strategic move aligned with its efforts to regulate stablecoin issuers. The initiative was supported by the Hong Kong Virtual Asset Industry Association, SlowMist, and Yuanbi, signaling a commitment to robust regulatory standards. This new committee aims to implement regulatory frameworks set by the Hong Kong Monetary Authority for stablecoins. Efforts will focus on AML and counter-terrorism financing in digital assets, enhancing compliance tailored to recent legislative changes. “In balancing industry growth with robust investor protection, we join hands with the Hong Kong SAR Government to build Hong Kong into a trusted and sustainable platform that taps into global liquidity.” — Julia Leung, CEO, Securities and Futures Commission (SFC) While industry responses remain positive, with emphasis on cooperation, experts anticipate increased institutional adoption of compliant platforms. Julia Leung of the Securities and Futures Commission stressed industry’s growth alongside investor safeguards. EU MiCA Parallels and Insights on Market Stability Did you know? Hong Kong’s move to establish a comprehensive compliance committee for stablecoins echoes the European Union’s MiCA regulations, indicating the global trend towards balanced regulatory measures for digital assets. Tether USDt (USDT) holds a constant price of $1.00 with a market cap of $167.14 billion and a 4.3% market dominance, according to CoinMarketCap.…

Author: BitcoinEthereumNews
BitMine Becomes World’s 2nd Largest Crypto Treasury With $6.6B

BitMine Becomes World’s 2nd Largest Crypto Treasury With $6.6B

The Ethereum treasury company has surpassed mining giant MARA Holdings in terms of the value of crypto assets in its treasury.

Author: CryptoPotato
South Korea to Unveil Won Stablecoin Bill in October

South Korea to Unveil Won Stablecoin Bill in October

The post South Korea to Unveil Won Stablecoin Bill in October appeared on BitcoinEthereumNews.com. South Korea is reportedly preparing to introduce a regulatory framework for a won-backed stablecoin, with its financial regulator set to introduce a government bill in October. On Monday, South Korean news portal MoneyToday reported that the Financial Services Commission (FSC) will unveil the bill as part of a second phase of the nation’s Virtual Asset User Protection Act. Democratic Party of Korea (DPK) Representative Park Min-kyu said during a policy debate that he received a briefing from the FSC on the policy direction on stablecoins. “The government bill is expected to be submitted to the National Assembly around October,” Park said.  The bill is expected to outline requirements for issuance, collateral management and internal control systems for stablecoins. The FSC has been working on the framework since 2023 through its virtual asset committee, aiming to set clearer rules for crypto service providers in the country.  Reducing reliance on dollar-pegged stablecoins With the United States ramping up its efforts on stablecoin legislation, South Korea is playing catch-up.  Money Today said that institutionalizing won-pegged stablecoins had gained traction since President Lee Jae-myung pledged it during his campaign. Several lawmakers have since submitted related proposals, including the Digital Asset Basic Act from Representative Min Byung-deok of the Democratic Party, the Act on the Issuance and Circulation of Value-Stable Digital Assets from Representative Ahn Do-gul of the Planning and Finance Committee and the Act on Payment Innovation Using Value-Pegged Digital Assets from Representative Kim Eun-hye of the People Power Party. The report also said that local industry stakeholders have cited an urgent need to introduce a won-pegged stablecoin to reduce reliance on dollar-based stablecoin tokens.  In June, major South Korean banks teamed up to work on a won-pegged stablecoin to protect the currency against growing dollar dominance. The banks said the forthcoming token was…

Author: BitcoinEthereumNews
U.S. Treasury Starts Work on Stablecoin Law, Gathering Views on Illicit Activity

U.S. Treasury Starts Work on Stablecoin Law, Gathering Views on Illicit Activity

The post U.S. Treasury Starts Work on Stablecoin Law, Gathering Views on Illicit Activity appeared on BitcoinEthereumNews.com. The U.S. Treasury Department is seeking new ideas for detecting and cutting off illicit crypto activity as it begins to put the new stablecoin law into effect. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act — the first major U.S. law to erect a regulatory system in the crypto space — called for government action on limiting dangers from bad actors in digital assets, and the Treasury Department is asking for public comments “to identify innovative or novel methods, techniques, or strategies that regulated financial institutions use, or have the potential to use, to detect illicit activity, such as money laundering, involving digital assets.” The crypto sector will have a 60-day comment window to share industry views on clamping down on shady crypto use, according to the department’s request on Monday. The GENIUS Act is now entering into what is typically a protracted period of implementation when a new financial-regulation law enters the arena of the federal agencies that need to put it into effect. The U.S. banking regulations, such as the Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. will also have policies to work out in the future oversight of stablecoin issuers. But GENIUS was only the first and less significant piece of the two-part legislative priority for the crypto industry. The sector still awaits further action from Congress on the bill that would set up guardrails for the wider digital assets markets. The House of Representatives was in the lead in recently passing its Digital Asset Market Clarity Act with a wide bipartisan vote, but when the Senate returns from its summer break, it’ll take the reins in shaping that legislation under a slightly different approach than the House. President Donald Trump has pushed his administration into rapidly crafting crypto-friendly…

Author: BitcoinEthereumNews
South Korea Plans Won-Backed Stablecoin Regulations

South Korea Plans Won-Backed Stablecoin Regulations

The post South Korea Plans Won-Backed Stablecoin Regulations appeared on BitcoinEthereumNews.com. South Korea prepares October bill to regulate won-backed stablecoins, aiming to boost financial sovereignty and lead in digital finance. South Korea’s Financial Services Commission (FSC) is set to propose a stablecoin regulation bill in October 2025. The bill will outline rules for issuing won-backed stablecoins, managing collateral, and establishing internal risk controls. According to MoneyToday, Ruling Party legislator Park Min-kyu revealed this plan at a stablecoin hearing on August 18, 2025. The Virtual Asset User Protection Act is one of the main digital asset frameworks, which the proposal by the FSC will be included in the second phase. President Lee Prioritizes Local Stablecoin Market for Monetary Sovereignty The transfer is an indication of South Korea in its effort to boost its digital finance market. The new president, Lee Jae-myung, has secured the stablecoins backed by won as a priority in order to increase monetary sovereignty. He advocated the development of a strong local stablecoin market. Consequently, local banks and payment companies are gearing up to this change. As an example, a number of companies have filed trademarks on stablecoins and are working on the services. This is a great indication of industry support for the government’s vision. Moreover, the bill by FSC will fill the market gaps in crypto. Stablecoins are cryptocurrencies that are anchored to fiat currency, such as the South Korean won. Today, stablecoins are based on the U.S. dollar and prevail worldwide, which further promotes the dominance of the dollar. Conversely, South Korea is keen to encourage stablecoins supported by the won so as to boost its domestic virtual asset sector. The FSC feels that this will increase the financial independence and competitiveness of the global digital economy. Related Reading: Japan Set to Approve First Yen-Pegged Stablecoin | Live Bitcoin News On the other hand, the bill…

Author: BitcoinEthereumNews
South Korean Regulator to Reorganize AML Protocols Ahead of Stablecoin Legislation

South Korean Regulator to Reorganize AML Protocols Ahead of Stablecoin Legislation

The Financial Intelligence Unit (FIU), a top South Korean regulator, has begun to reorganizing its anti-money laundering (AML) protocols ahead of the “institutionalization” of stablecoins . The FIU said it will conduct stablecoin-related research via external contractors. It will then compile its findings in December this year before drafting a set of guidelines for stablecoin operators and issuers. Per The Bell Korea , the regulator is likely to recommend amendments to the Specific Financial Information Act, with “significant changes” in store. The South Korean National Assembly Building in Seoul, South Korea. (Source: National Assembly [KOGL Type 1]) South Korean Regulator Readies Stablecoin Regulations The regulator is likely to impose entry restrictions and business conduct regulations. Many of these will likely focus on the security of the assets that underpin any South Korean stablecoins, as well as data reporting criteria. An FIU official said that December’s research report would “serve as a foundation for developing AML response measures in response to changes in the virtual asset industry and the institutionalization of stablecoins.” The official added that the measures would help “improve and supplement the existing system.” The FIU currently plays a key role in policing domestic crypto exchanges and ensuring their AML compliance. And the reorganization appears to suggest it expects to become the top AML regulatory authority for stablecoin issuers, despite plans to scrap its parent organization, the Financial Services Commission (FSC). President Lee Jae-myung has previously announced his intention to do away with the FSC. He wants to merge its operations with those of the finance ministry and the Financial Supervisory Service. President Lee Jae Myung’s approval rating has dropped for the second straight week, sinking to a record low of 51.1 percent, a poll showed Monday. The slide comes amid growing controversy over his Liberation Day pardons. https://t.co/VYWndBDJoZ — The Korea JoongAng Daily (@JoongAngDaily) August 18, 2025 However, recent government plan announcements have made no further mention of scrapping the FSC . And the Blue House has even assigned it crypto-related tasks for 2025. FIU Set for Important Regulatory Role? The FIU’s plans, which involve conducting a study on international stablecoin regulations, appear to suggest the regulator expects to police the industry ahead of the rollout of legislation. Several stablecoin bills are on the agenda at the National Assembly. However, lawmakers are yet to fine-tune the details of these draft laws. They continue to deliberate matters like the possible launch of stablecoin lending services. Critics note that the Financial Action Task Force (FATF) and other organizations have warned that stablecoin adoption can lead to increased money laundering risks. The Bell Korea noted that many countries, including the United States, have been “quick to develop countermeasures.” Conversely, it noted, South Korea, is a “latecomer,” in this regard, as it “still lacks a comprehensive system.” The media outlet also added that South Korea “still lacks a clear legal definition of stablecoins.” Thus far, most AML-related legislation (including the Special Financial Transactions Act) and regulations relate to exchanges and crypto wallet operators. Big Businesses Ready to Make Stablecoin Moves While lawmakers are yet to form a firm consensus on stablecoin legislation, both major parties agree that businesses should be allowed to issue or make use of KRW-pegged coins. The headquarters of the South Korean tech giant Naver. (Source: Maskkwon [CC BY-SA 4.0]) Some of the country’s biggest banks and tech firms have responded by registering stablecoin-related trademarks. Others have already launched dedicated stablecoin business units as they await the National Assembly’s green light. Experts expect companies like Kakao and Naver to make significant progress in the stablecoin space. Both already have a sophisticated network of web-based services, ranging from e-payment platforms to banking and software-as-a-service (SaaS) offerings.

Author: CryptoNews