In a bold pivot amid Beijing's escalating crackdown on stablecoins, Alibaba's cross-border e-commerce unit is exploring deposit tokens to streamline overseas transactions, leveraging stablecoin-like blockchain technology. Alibaba president Kuo Zhang revealed in a CNBC interview that...
In a landmark move signed in Singapore, Swiss banking giant UBS has partnered with Ant International—Alipay's global fintech arm—to revolutionize cross-border treasury operations through tokenized deposits. The Memorandum of Understanding (MoU) leverages UBS's Digital Cash platform,...
Binance founder CZ threatens to sue Bloomberg over report linking the exchange to Trump-backed USD1 stablecoin, calling it a 'hit piece' with factual errors.
Circle, the issuer of the USDC stablecoin, is reportedly exploring a groundbreaking partnership with Ant Group to integrate its digital currency into China's massive...
Hong Kong activates comprehensive stablecoin licensing regime on August 1, requiring full reserve backing and positioning the region as Asia's premier digital asset hub.
