US weighs overseas push for dollar-backed stablecoins: Bloomberg
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*US Weighs Initiative To Promote DOLLAR-BACKED Stablecoin ABROAD: BBG
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Circle Pushes Back on MiCA's Bank-Deposit Mandate for Stablecoins
The USDC issuer told the European Commission that MiCA's reserve mandates and concentration caps keep the largest global stablecoins outside Europe's perimeter—siding with the ECB in calling for more flexible rules.
US Aims to Turn Stablecoins Into a Weapon for Dollar Dominance
Washington may fund private stablecoin ventures abroad to protect the dollar's reserve status and prop up Treasury demand.
Singapore weighs recognizing some foreign-issued stablecoins
Singapore is considering allowing jointly issued cross-border stablecoins into its regulatory regime, revisiting its earlier decision to restrict the framework to domestic issuance.
Nexo launches regulated crypto-backed credit in Australia
Nexo introduced regulated, cryptocurrency-backed credit lines that allow users to access liquidity in Australian dollars or stablecoins by borrowing against their digital assets.
RedotPay weighs confidential US IPO filing by year-end: Bloomberg
The stablecoin payments company previously disputed reports that its US listing had been delayed.