Japan's financial giants are getting serious about stablecoins. MUFG, SMBC, and Mizuho, along with SBI Holdings and Japan Exchange Group, have teamed up to launch **Project Pax**, a pilot program for cross-border stablecoin transfers. This initiative aims to streamline international payments for ...

Ripple's USD stablecoin (RLUSD) is almost ready to launch. While details are still under wraps, the launch is anticipated to happen within weeks, not months. The stablecoin aims to fill the void left by Circle USDC's depegging from the US dollar. Bitget Research Chief Analyst Ryan Lee has ...

Stablecoins are becoming increasingly popular, and regulators are taking notice. The Swiss Financial Market Supervisory Authority (FINMA) has released new guidance for stablecoin issuers, and this could have a significant impact on the future of stablecoin regulation globally. What does FINMA's ...

Singaporean startup PEXX has raised $4.5 million in seed funding to expand its innovative stablecoin-to-fiat payment platform. The funding round was led by venture capital firm TNB Aura, with support from early-stage investor Antler and strategic investor EMO Capital. Simplifying Cross-Border ...

Tron, the blockchain platform founded by Justin Sun, is working on a feature that would enable gas-free peer-to-peer (P2P) stablecoin transfers. This feature, set to be launched in Q4 2024, aims to cover the cost of transferring stablecoins with the stablecoins themselves. Tron plans to ...