Even if demand for the tokens surges, it won’t magically produce dollars to buy more Treasuries.

Carol Alexander, Professor of Finance at the University of Sussex discusses the adoption of blockchain in the economy, and ...

Stablecoins are founded on the convergence of processes of redemption and support, blockchain, mechanisms of pegging, and ...

Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...

Martin Chorzempa, senior fellow at the Peterson Institute for International Economics, says that the digital renminbi hasn't taken off in China or boosted the internationalization of the currency, but ...

India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at ...

In the world of cryptocurrencies, stablecoins are distinct in that they are designed to reduce the hypervolatility that ...

CFR warns USD stablecoins threaten China’s sovereignty, prompting Beijing to develop state-controlled digital alternatives.

Ripple and SBI Japan have inked a memorandum of understanding to launch and distribute Ripple USD in Japan starting early ...

The two plan to roll out a U.S. dollar stablecoin in Japan under new rules that open the market to foreign issuers.

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency ...

SBI VC Trade, a licensed Electronic Payment Instruments Exchange Service Provider, said it expects RLUSD to go live in Japan ...