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South Korea may be preparing for a dramatic shift in its digital currency policy landscape, as leading presidential candidate Lee Jae-myung has proposed a new stablecoin backed by the Korean won. The plan is aimed at preventing capital outflows and reducing reliance on foreign stablecoins, marking a

The U.S. Senate voted to advance a major cryptocurrency regulation bill Monday, securing crucial Democratic support in a procedural move that signals growing bipartisan consensus on digital asset oversight. The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act cleared a ke

The U.S. Senate is expected to approve the GENIUS Act as early as next week, establishing the nation's first comprehensive regulatory framework for stablecoins, according to sources familiar with the legislation. Filmmaker and angel investor Paul Barron, citing direct contacts in Washington, indicat

Pareto, a protocol focused on tokenized private credit, has launched USP, a synthetic dollar fully backed by off-chain loans and collateralized by existing fiat-backed stablecoins like USDC and USDT. The move represents another step toward integrating real-world assets (RWAs) into blockchain-native

In a move that signals accelerating competition between major card networks in the crypto payments space, Mastercard has partnered with MoonPay to roll out stablecoin-enabled payment cards across global markets. The collaboration, which will allow stablecoin spending at over 150 million merchants wo