The Reserve Bank of India has issued a strong caution against the growing use of fiat-backed stablecoins, warning that such digital assets could undermine monetary sovereignty and pose systemic risks to financial stability. The central bank emphasized that privately issued cryptocurrencies pegged to national currencies may weaken regulatory oversight, disrupt capital flows, and dilute the… Continue reading RBI Raises Red Flag on Stablecoins, Citing Threats to Monetary Control and Financial Stability
Tag: Stablecoin
Sony Bank Plans Launch of US Dollar-Pegged Stablecoin for Gaming and Anime Markets
Sony Bank is reportedly preparing to introduce a US dollar-backed stablecoin aimed at the gaming and anime sectors, signaling a strategic push into digital asset ecosystems. The proposed stablecoin is expected to facilitate seamless transactions within virtual platforms, enabling faster payments, reduced transaction fees, and cross-border accessibility. Analysts view this move as part of a… Continue reading Sony Bank Plans Launch of US Dollar-Pegged Stablecoin for Gaming and Anime Markets
Hong Kong Stablecoin Stocks Slide as PBOC Signals Intensified Crypto Crackdown
Hong Kong–listed companies tied to stablecoin and digital-asset operations witnessed a sharp downturn after the People’s Bank of China (PBOC) reiterated its commitment to tightening oversight of cryptocurrency-related activities. The renewed warning from Beijing revived concerns about regulatory pressure spilling over into regional markets, particularly firms with exposure to blockchain infrastructure, virtual-asset payments and stablecoin… Continue reading Hong Kong Stablecoin Stocks Slide as PBOC Signals Intensified Crypto Crackdown
Gold and Bitcoin Chart Divergent Courses as Stablecoin Liquidity Signals a Potential Shift in Gold Markets
Gold and Bitcoin, often viewed as competing stores of value, are once again moving in different directions as global investors reassess risk appetite and liquidity flows. While Bitcoin has surged on renewed speculative momentum, gold is entering a period of recalibration—yet showing signs of a potential breakout supported by increased activity in stablecoin markets, particularly… Continue reading Gold and Bitcoin Chart Divergent Courses as Stablecoin Liquidity Signals a Potential Shift in Gold Markets
RBI Flags Sovereignty Risks as Stablecoins Gain Traction
The Reserve Bank of India has reiterated its concerns over the rapid expansion of stablecoins, warning that their widespread adoption could erode monetary sovereignty and impair the stability of the financial system. According to the central bank, privately issued digital tokens pegged to fiat currencies may weaken the effectiveness of domestic monetary policy, complicate capital-flow… Continue reading RBI Flags Sovereignty Risks as Stablecoins Gain Traction
ARC Introduces New Asset-Backed Stablecoin to Strengthen India’s Digital Finance Landscape
India’s digital asset ecosystem is witnessing a significant development with the introduction of ARC, a new asset-backed stablecoin designed to enhance transactional stability and foster trust in the emerging crypto-finance sector. Positioned as a safeguarded digital token tied to verifiable underlying assets, ARC aims to bridge the gap between traditional financial systems and decentralized technologies.… Continue reading ARC Introduces New Asset-Backed Stablecoin to Strengthen India’s Digital Finance Landscape
Capital Markets and Payments Leaders Clash Over the Future of Stablecoins
A growing divide has emerged between capital markets participants and the payments industry over how stablecoins should evolve and be regulated. While payments companies see stablecoins as a transformative tool for faster, low-cost transactions, capital market leaders warn that the instruments risk destabilizing financial systems without proper safeguards. The debate revolves around reserve transparency, regulatory… Continue reading Capital Markets and Payments Leaders Clash Over the Future of Stablecoins
Experts Warn Stablecoins Pose Hidden Risks for Consumers
A panel of financial and policy experts has warned that stablecoins—digital tokens marketed as low-volatility alternatives to traditional cryptocurrencies—carry risks that consumers often underestimate. While these assets claim to maintain a steady value by being backed with reserves, the panel highlighted gaps in transparency, regulatory oversight, and liquidity assurances. The discussion emphasized that stablecoins may… Continue reading Experts Warn Stablecoins Pose Hidden Risks for Consumers
The Rise of Stablecoins: Redefining Trust and Stability in the Cryptocurrency Economy
Stablecoins have emerged as the bridge between traditional finance and the volatile world of cryptocurrencies. Designed to maintain a consistent value, these digital assets are pegged to stable reserves such as fiat currencies or commodities, offering the flexibility of blockchain technology without extreme price fluctuations. Their rapid adoption by traders, businesses, and financial institutions has… Continue reading The Rise of Stablecoins: Redefining Trust and Stability in the Cryptocurrency Economy
Polygon and Anq Reportedly Collaborating on India’s First Sovereign-Backed Stablecoin Framework
Polygon and Anq are reportedly developing a pioneering stablecoin model for India, designed to be backed by sovereign government securities. According to sources familiar with the matter, the initiative aims to establish a regulated and transparent digital asset ecosystem aligned with India’s financial and policy objectives. The proposed framework would bridge the gap between traditional… Continue reading Polygon and Anq Reportedly Collaborating on India’s First Sovereign-Backed Stablecoin Framework