Latest News and Articles about Foreign Stablecoins

South Korean Banks Launch Won-Backed Stablecoin to Rival Foreign Crypto Giants

25 June 2025 Daily Feed Bank of Korea, Foreign Stablecoins, South Korean Banks, Won-Backed Stablecoin

Eight South Korean Banks Unite for Won-Backed Stablecoin: A Power Play Against Foreign Crypto Dominance Eight of South Korea’s top commercial banks have banded together to launch a won-backed stablecoin, a groundbreaking move by the private sector to challenge the growing shadow of foreign dollar-pegged cryptocurrencies. This bold consortium, backed by key regulatory bodies, is […]

Russia’s Central Bank Allows Foreign Stablecoins for Firms, Bans USDT and USDC

4 June 2025 Daily Feed BRICS De-Dollarization, Foreign Stablecoins, Russian Central Bank, USDT USDC Ban

Russian Central Bank Opens Door to Foreign Stablecoins for Corporations—But Slams It on USDT and USDC Russia’s Central Bank has unveiled a bold proposal that could let domestic corporations tap into foreign stablecoins, signaling a potential shift in how the country navigates cryptocurrency amid geopolitical tensions. Yet, with heavy restrictions and a clear anti-Western slant, […]