Tether and Republic of Guinea Sign MoU to Advance Digital Transformation Through Blockchain
Tether, a leading company in the digital asset sector and issuer of the world’s most widely used stablecoin, has signed a Memorandum of Understanding (MoU) with the government of the Republic of Guinea. This collaboration seeks to explore blockchain and peer-to-peer technologies with the aim of fostering economic growth and positioning Guinea as a key […]
Standard Chartered, Animoca, and HKT Form Joint Venture for HKD-Backed Stablecoin
Standard Chartered Bank’s Hong Kong division has announced a partnership with Animoca Brands and HKT to establish a joint venture aimed at issuing a stablecoin backed by the Hong Kong dollar. The consortium plans to apply for a licence from the Hong Kong Monetary Authority (HKMA) under the region’s forthcoming stablecoin regulatory framework. Standard Chartered […]
FCA-registered cryptoasset firm tokenised GBP joins the Digital Pound Foundation’s membership community
As one of the few FCA-registered cryptoasset firms in the UK, BCP Technologies Ltd has been a leading exchange for the past seven years. The company operates BCP.Markets (ex BitcoinPoint), a trading platform for Bitcoin, other cryptocurrencies, and stablecoins (USD, EUR, and more), while also serving as a liquidity provider for stablecoin minting. BCP Technologies […]
Key State Licences Strengthen Ripple’s Payments Network Ahead of RLUSD Adoption
Ripple has announced significant developments in its cross-border payments business at the start of 2025, including new regulatory licences and a focus on integrating its enterprise-grade stablecoin, Ripple USD (RLUSD), into its payment services. The announcement comes as digital asset adoption continues to evolve, with financial institutions exploring blockchain technology to optimise efficiency and diversify […]
Rethinking the ‘Singleness of Money’: A New Framework for Stablecoins
A group of eight leading experts in digital money has released a new paper, published by King’s College London and Qatar Centre for Global Banking & Finance, calling for a re-evaluation of the concept of “singleness of money,” arguing that a rigid interpretation of this principle could hinder the innovative potential of stablecoins. The paper […]
UK’s cash machine network LINK joins the Digital Pound Foundation’s membership community
We are excited to announce the addition of LINK, which manages the UK’s cash machine (ATM) network, to the Digital Pound Foundation (DPF) as Associate Members. LINK works in the public interest to connect a reliable ATM network to every major bank and building society. As digital payments become more dominant cash is still a […]
Circle CEO Predicts Imminent US Executive Orders to Expand Digital Asset Adoption
Circle CEO Jeremy Allaire has expressed confidence that US President Donald Trump will soon issue executive orders aimed at significantly widening the role of digital assets in the nation’s financial system. The anticipated directives are expected to enable banks to engage with digital assets more freely, offer investment products to wealthy clients, and incorporate these […]
Tether Establishes New Headquarters in El Salvador, Bolstering Emerging Markets Focus
Today’s leading stablecoin issuer, Tether, is in the final stages of relocating its operations to El Salvador, following the successful acquisition of a Digital Asset Service Provider (DASP) license. This move is seen by the company as an important step in Tether’s ongoing efforts to support the adoption of digital currencies, placing the company in […]
Filipino Banks Collaborate on Launching PHPX Multi-Issuer Peso Stablecoin Using Hedera Blockchain
A group of Filipino banks is preparing to introduce PHPX, a peso-backed multi-issuer stablecoin, later this year, which will initially operate on the Hedera Distributed Ledger Technology (DLT) network. Among the banks participating are UnionBank of the Philippines, Rizal Commercial Banking, Cantilan Bank, and the Rural Bank of Guinobatan. While the Singapore-based Just Finance is […]
Ripple Integrates Chainlink Standard to Enhance RLUSD Stablecoin Utility in DeFi Ecosystem
Ripple has announced its adoption of the Chainlink standard to deliver high-quality pricing data for its Ripple USD (RLUSD) stablecoin within the decentralised finance (DeFi) ecosystem. RLUSD, Ripple’s enterprise-grade USD-backed stablecoin, is designed with a focus on trust, compliance, and utility, underpinned by Ripple’s extensive experience in both cryptocurrency and traditional finance. This integration with […]
