Stable Coins

[Update Aug. 26, 2026, 8:57 UTC: Added comments from a Revolut spokesperson.] Revolut has begun rolling out its first stablecoin, a euro-pegged token called EURR, to selected customers in Denmark, Poland and Portugal.  In an […]

Standard Chartered Bank (Hong Kong), or SCBHK, has become the first bank authorized to distribute HKDAP, a regulated Hong Kong dollar-backed stablecoin issued by Anchorpoint Financial.  On Monday, the bank said it is engaging eligible […]

Fasset raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in Malaysia and to expand stablecoin payments.

[Update 12:50 UTC, Aug. 19: Adds background on FASB, proposed disclosure requirements and the US regulatory framework for stablecoins.] The Financial Accounting Standards Board (FASB) has proposed guidance outlining when companies may classify certain stablecoins […]