News

Mastercard Inc. said it’s working to weave Fiserv Inc.’s FIUSD stablecoin into a range of its payment products. It’s another ...
The senior deputy governor of South Korea's central bank said it was desirable to introduce won-denominated stablecoins at a ...
Stablecoins are cryptocurrencies with a value pegged against a fiat currency, such as the U.S. dollar. Circle 's USDC ...
Marvin Barth says pegged cryptocurrencies could effectively create “narrow banking”: a long-held dream of economists looking ...
E-commerce prowess and Hong Kong’s financial chops can ward off the threat from digital dollars.
Shares of Visa and Mastercard, by contrast, are on track for their worst monthly performance in a couple of years. But before ...
The Bank for International Settlements said stablecoins fail the three main tests of any money because they are not backed by central banks, lack sufficient guardrails against illicit usage and do not ...
The publicly traded company also said it would let members of its cross-border payments network use stablecoins.
But crime and financial instability arising from the failure of providers are not the only risks, according to the BIS. Without central bank backing, stablecoins could not guarantee to process very ...
The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and urged countries ...
Bank for International Settlements releases ‘advance chapter’ on stablecoins ahead of its Annual Economic Report that paints ...
South Korea’s central bank wants to keep a tight grip on how stablecoins enter the country’s financial system. On Tuesday, ...