Hong Kong’s Stablecoin Regulations Poised to Challenge US Dollar Supremacy and Rattle Big Players
Hong Kong is preparing to make a bold move in the global digital finance arena as it readies its landmark stablecoin regulations, set to take effect on August 1, 2025. These new rules could significantly alter the dynamics of the stablecoin market in Asia, challenging the dominance of U.S. dollar-backed digital assets and potentially reshaping […]
Ex Consensys Employee Launches USD3 Stablecoin
An ex-Consensys employee, Jack Jia, has launched a new stablecoin, dubbed USD3, and is set to go live on major blockchains. Established “with a programmatic layer in mind,” Stable.com, a fintech firm co-founded by former Consensys employee Jack Jia, is introducing a novel 1:1-backed stablecoin. Avalanche, Linea, Polygon, Ethereum, and USD3 are all on schedule […]