EtherX

  Taiwan is taking a major step toward the future of finance as regulators target mid-2026 for the launch of the country’s first domestically issued stablecoin. The move reflects a broader strategy to modernize the financial system, strengthen digital infrastructure, and position Taiwan as a regional leader in compliant cryptocurrency development. The Financial Supervisory Commission (FSC) has signaled that groundwork for a stablecoin has already begun, with policymakers laying down a legal framework that ensures security, transparency, and consumer protection. Unlike unregulated cryptocurrencies, this digital token will be overseen by government authorities and issued in collaboration with locally licensed financial institutions. A stablecoin is a form of digital currency designed to maintain a stable value by being backed by reserve assets such as fiat currency or government securities. In Taiwan’s case, the proposed digital currency is expected to operate under tight supervis...

Taiwan is preparing to introduce its first fully regulated New Taiwan Dollar (NTD) stablecoin by the second half of 2026, marking a major milestone in the country’s digital finance transformation. The launch is dependent on the adoption of a new Virtual Asset Law, which is currently under legislative review and is expected to reshape how cryptocurrencies and digital assets are regulated across the island. The proposed law aims to establish a comprehensive regulatory system for digital asset platforms, exchanges, custodians, and stablecoin issuers. Once enforced, it will require all virtual asset businesses in Taiwan to register with the financial regulator, comply with capital adequacy rules, and follow strict consumer protection standards. The legislation also introduces direct oversight of stablecoin issuance for the first time, laying the groundwork for a local currency-backed digital asset. New Virtual Asset Law to Regulate Stablecoin Issuance Under the upcoming framework, any...

VCI Global Limited has officially announced a strategic transformation aimed at repositioning the company as a technology-driven leader in artificial intelligence (AI) infrastructure and  stablecoin based payment solutions. This bold move signals a departure from its diversified model toward a more concentrated focus on high-growth digital sectors, particularly in the ASEAN and Middle East regions. As part of the restructuring, the company is streamlining its operations into three core business pillars. The first pillar focuses on AI infrastructure and enterprise solutions through its technology subsidiary. The shift emphasizes cloud computing, AI integration services, cybersecurity systems, and data analytics to support emerging markets adopting automation at scale. The company plans to expand infrastructure services for businesses that require advanced digital systems for operations, compliance, and data protection. The second pillar centers on stablecoin payments and settlem...

WEMADE has officially announced the formation of the Global Alliance for KRW Stablecoin (GAKS) , a major initiative aimed at building a secure and fully compliant ecosystem for Korean won based stablecoins. The alliance brings together multiple technology, security, and financial partners to strengthen the future of digital payments using the Korean currency across international markets. The project represents a growing shift in Asia toward developing national-currency stablecoins rather than relying exclusively on U.S. dollar-backed alternatives. With South Korea’s financial regulators actively working on policy guidance for digital assets, GAKS is positioned as a platform built specifically to meet both regulatory and market requirements. StableNet to Power KRW Stablecoin Infrastructure At the heart of the alliance is StableNet, a dedicated blockchain network created exclusively to support Korean won pegged stablecoins. Unlike traditional public blockchains, this network is engin...

Bitrue  has announced a major update to its earning program, giving cryptocurrency users a new way to grow their holdings through higher interest rates on stablecoins . The change applies to widely used digital assets such as RLUSD,PYUSD, and other USD-pegged stablecoins, offering investors a more reliable income option during uncertain market conditions. The update comes at a time when many traders are shifting away from high-risk cryptocurrencies and seeking safer alternatives that still offer competitive returns. Stablecoins, known for being pegged to the U.S. dollar, are increasingly viewed as a smart option for investors who prioritize stability while earning passive income. Higher Rewards Without Lock-Up Periods Under the new structure, Bitrue users can earn significantly higher annual percentage rates on their stablecoin balances without committing to long lock-up periods. This flexible staking model allows users to withdraw or reinvest their funds at any time, making it at...

Klarna has officially confirmed its entry into the cryptocurrency sector with the upcoming launch of its own stablecoin , KlarnaUSD, expected to go live in 2026. The move signals a major shift for the global payments and “buy now, pay later” industry, as one of the world’s largest fintech firms embraces blockchain technology to make international payments faster, cheaper, and more secure. KlarnaUSD will be a U.S. dollar-backed digital currency designed to maintain price stability while enabling seamless global transactions. Unlike traditional cryptocurrencies that experience frequent price swings, stablecoins are pegged to fiat currency, which makes them ideal for payments, settlements, and remittances. Why Klarna Is Entering the Stablecoin Market Global cross-border payments remain expensive and inefficient. Businesses and consumers lose billions every year to fees, exchange rate markups, and delayed settlements. Klarna aims to reduce these barriers by introducing KlarnaUSD as a pa...

Global payments giant Visa has announced a major expansion of its stablecoin settlement services across the Central and Eastern Europe, Middle East, and Africa (CEMEA) region through a new strategic partnership with digital asset infrastructure provider Aquanow . The move reflects the growing demand for faster, low-cost, and always-available financial settlement systems in emerging and developed markets alike. Under this new partnership, financial institutions operating within Visa’s network will now be able to settle transactions using approved stablecoins such as USD-pegged digital currencies. This development is expected to significantly reduce processing delays, cut cross-border fees, and allow near-real-time final settlement even on weekends and public holidays. Transforming Payments in the CEMEA Region The CEMEA region has long faced challenges related to cross-border payments, including inconsistent transfer times, high transaction costs, and liquidity fragmentation across...

The Bank of England has released a detailed proposal outlining a strict regulatory framework for sterling-denominated systemic stable coins, marking one of the most significant steps toward integrating digital currencies into the UK’s mainstream financial system. The proposal aims to ensure that if stable coins become widely adopted for everyday payments, they do so under robust safeguards that protect financial stability and maintain trust in the monetary system. Why the New Framework Matters Stable coins have quickly become central to digital payments, and regulators worldwide are increasingly concerned about their potential to disrupt traditional banking and payment infrastructure.  failure or loss of confidence in a widely used stable coin could trigger instability across the financial system. The Bank of England’s proposed framework is designed to prevent such risks while allowing innovation in digital finance to continue responsibly. Core Elements of the Proposal Designa...

A newly introduced Korean won pegged stable coin, KRWQ , has exceeded ₩1 billion in cumulative trading volume within just weeks of its debut. The rapid growth highlights increasing demand for KRW-denominated digital assets and signals a broader shift toward non-USD stable coins in global decentralized finance markets. KRWQ is designed to maintain a 1:1 peg to the Korean won and operates as a fiat-backed asset supported by institutional-grade infrastructure. Built for cross-chain compatibility from day one, the stable coin enables fast and efficient transfers across multiple networks, making it easier for traders and liquidity providers to move KRW-based value on-chain. Why KRWQ Is Gaining Attention One of the main differentiators of KRWQ is its focus on providing a reliable, regulated, and transparent on-chain representation of the Korean won. Unlike traditional USD-based stable coins that dominate the market, KRWQ offers exposure to an Asian currency that has growing relevance in b...

The Kyrgyz Republic has entered a new era of digital finance with the official launch of USDKG , a gold-backed national stable coin designed to provide a secure and transparent digital alternative for payments and asset storage. The country recently issued its first batch of USDKG tokens, marking a significant step toward modernizing its financial infrastructure and expanding its presence in the global digital economy. What Makes USDKG Unique? USDKG is structured as a gold-backed stable coin , meaning every unit of the token is supported by physical gold reserves held under government oversight. The token maintains a 1:1 peg to the US dollar , ensuring that its value remains stable regardless of market volatility. This model combines the reliability of precious metal backing with the convenience and speed of blockchain-based transactions. According to the official announcement, the initial issuance consisted of approximately 50 million tokens , each representing the equivalent of o...

The stablecoin Tether (USDT) has surged in dominance across the cryptocurrency market, rising to its highest level since April. According to recent data, this rise in Tether dominance indicates a growing preference among investors for stability amid crypto-market uncertainty.  What is happening? Tether’s market cap is approximately $184 billion , placing it firmly as the largest dollar-pegged stablecoin globally. At the same time, its share of the total cryptocurrency market capitalization often referenced as “Tether dominance” has climbed sharply. This dominance is now at the highest since April, reflecting a flight to safe-haven stablecoins as major tokens like Bitcoin lose ground.  Why does this matter? Historically, spikes in stablecoin dominance especially for Tether tend to coincide with risk-off market conditions. Essentially, when traders and investors become uncertain, they tend to move their holdings into stablecoins like USDT rather than volatile assets....

In a major regulatory shift, Banco Central do Brasil (BCB) has announced that starting February 2026 , transactions involving fiat-pegged stablecoins and certain wallet transfers will be treated as foreign-exchange (forex) operations under Brazilian law. The landmark move aims to bring oversight in line with traditional currency transactions and curb illicit activity in the country’s crypto-asset market.  What the Regulation Says The new rules published by the central bank specify that any purchase, sale or exchange of virtual assets pegged to fiat currencies such as stablecoins tied to the U.S. dollar will now fall under the classification of foreign-exchange operations.  This includes: International payments or transfers made with stablecoins, including those via cards or digital wallets.  Wallet-to-wallet transfers of fiat-pegged virtual assets, especially those that cross borders or function like currency flows. Transactions that were previously viewed as...

London In a major step toward regulating digital assets in the United Kingdom , the Bank of England (BoE) has proposed a framework that would cap holdings of so-called “systemic stablecoins” at £20,000 for individuals and £10 million for businesses .  This proposal forms part of the BoE’s broader consultation on the regulation of sterling-denominated digital tokens that are widely used for payments or settlement sometimes referred to as “systemic stablecoins”. According to the bank, the rules are necessary to manage risks arising from rapid outflows of bank deposits into crypto assets, which could undermine financial stability.  What the Proposed Limits Involve Under the draft framework: Individual users would be limited to holding up to £20,000 in each designated systemic stablecoin.  Most corporate holdings would be capped at £10 million , though the BoE has indicated that certain entities with operational needs (such as large payment platforms or retailers)...