Banks line up to embrace stablecoins

Soft Space partners Hokkoku FHD to launch SoftPOS solution supporting stablecoin payments

Malaysia-based fintech firm Soft Space and Japan-based Hokkoku Financial Holdings (Hokkoku FHD) have teamed up to launch the next-generation SoftPOS solution that enables merchants to accept both contactless card payments and, for the first time, regulated stablecoin payments — using only a smartphone or tablet. This will be the world’s first deployment of a SoftPOS solution 1 , certified under global mobile payment security standards, that supp…

US Stablecoin Reserve Rules Could Upend Crypto’s Biggest Players

For years, the only thing that was more volatile than the crypto markets themselves was the oversight of U.S. regulators and agencies the industry was subject to. [contact-form-7] But with the American regulatory bodies being given a reset under the Trump administration, that could be about to change. Fittingly, the potential for regulatory stability across digital assets is in large part due to the rise of the stablecoin. Stablecoins h…

What’s the role of stablecoins in cryptocurrency adoption?

Stablecoins are an alternative to regular cryptocurrencies, as their value is pegged to fiat money, offering an additional level of security. Bi...

Banks line up to embrace stablecoins

It's early, but Bank of America, JPMorganChase, Citigroup and others are preparing to issue stablecoins.