HSBC has begun rolling out its Hong Kong dollar-backed stablecoin, HSBC RedCoin, to users of its PayMe payments app. The phased launch began on October 23, 2026, targeting PayMe’s more than 3.3 million users.
J.P. Morgan Asset Management is taking its two tokenized money market funds multi-chain, making MONY and JLTXX available on Solana to qualified U.S. investors.
Toto Finance wants 22 million ADA from Cardano’s treasury to buy tokenized copper, and the metal would have to trade well above its all-time high for holders to get their money back.
HSBC is rolling out RedCoin, its first Hong Kong dollar stablecoin, to retail users. PayMe users will be able to activate an in-app stablecoin wallet for peer-to-peer and merchant payments.
Malaysia and Thailand have joined Singapore's BLOOM digital-money initiative. The expanded group includes Visa, Mastercard and the World Bank Group, focused on cross-border settlement frameworks and interoperability.
Libeara, the SC Ventures-backed tokenisation platform, is acquiring the Jersey-regulated entity of Zodia Markets, adding a second regulated dealer. Terms were not disclosed.
LG CNS will integrate Chainlink's cross-chain, data and orchestration infrastructure into its digital asset platform to support Korean won stablecoin expansion.
Chainlink has partnered with LG CNS, the contractor behind the Bank of Korea's Project Hangang, to expand regulated digital asset infrastructure in South Korea. The agreement brings oracle technology and institutional blockchain connectivity to the market.
Tether, the issuer of USDT, led a pre-seed round in Bolivian fintech Peso, which is building stablecoin-based payments, savings and investment tools across Latin America.
South Korea is moving to classify stablecoins as payment instruments under its foreign exchange law, a step that could affect cross-border transactions and compliance.
A Circle shareholder has sued Trump, World Liberty Financial and Steve Witkoff, alleging USD1-related conduct left Circle unable to compete and harmed USDC.
The OCC dropped a proposed affiliate-rewards presumption in its final GENIUS Act rule, but the stablecoin yield ban stays. Linked issuer and third-party rewards remain subject to review, with no grandfathering for existing programs.
Ripple and Arf are bringing RLUSD to settlement financing on the XRP Ledger. The partnership targets licensed payment companies awaiting cross-border settlements.
Dune has launched real-time data feeds covering 200 onchain trading venues, aiming to bring onchain trading data into institutional systems as tokenized stock markets expand and face growing scrutiny.
LG CNS is partnering with Chainlink to scale Korea's tokenized finance and stablecoin markets, with the partnership expected to speed digital finance development.
Tether-backed Utexo set a November 28 launch for bridged USDT on Bitcoin; professional operators can test the RGB-based token on Signet, with backing held as USDT0 locked on Arbitrum.