Singapore’s financial regulator has proposed tougher rules for stablecoin issuers requiring them to hold reserves equal to at least 100% of tokens in circulation and barring issuers from paying interest or other returns to holders. The Monetary Authority of Singapore (MAS) said the proposed framework would require reserves to be segregated from issuers’ own funds and held with licensed financial institutions. Stablecoins would also have to be redeemable at par value. The approach reinforces Singapore’s view of regulated stablecoins primarily […]
Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.
The Federal Reserve is currently navigating a period of calculated ambiguity and academic signaling. At the recent Jackson Hole symposium, which centered on the theme of financial innovation and its implications for payments, the institution offered two distinct, seemingly contradictory faces to the world of institutional finance. Five days before the New York Fed broke […]
Reviewed Forkast News reporting on Payments matters for Stablecoin payments readers.
Miracle Pay Announces Partnership With zerohash to Enable Stablecoin Payments for U.S. Merchants. Reported by manilatimes.net, GlobeNewswire and 1 more.
Reviewed manilatimes.net reporting on Payments matters for Stablecoin payments readers.
KAST has introduced a business platform that uses stablecoins to settle cross-border transactions around the clock. KAST Business combines accounts, cards, international transfers, cashback and potential yields on eligible balances in one dashboard. The platform is available across more than 170 countries, although specific services vary by jurisdiction. Companies can manage fiat virtual accounts provided [...] The post KAST Launches Business Accounts in More Than 170 Countries appeared first on Fintech Singapore .
Reviewed Fintech News Singapore reporting on Payments matters for Cross-border payments and Stablecoin payments readers.
Capital markets are undergoing a structural realignment, moving from isolated experiments to a cohesive, investable thesis. This shift is defined by the convergence of three infrastructure layers: issuer, settlement, and liquidity. While issuance has become increasingly commoditized, the real work is happening in the plumbing—the rails that allow assets to move and settle with institutional […]
Reviewed Forkast News reporting on Payments and Tokenisation matters for Stablecoin payments readers.