Taiwan pushes for central bank custody in stablecoin oversight plan

Taiwan’s central bank has called for tighter oversight of stablecoin licensing, recommending that issuers keep part of their reserves at the central bank.

Circle quarterly revenue rises on stablecoin growth

Circle reported a rise in third-quarter revenue on Wednesday, on the back of higher reserve income through its flagship USDC amid increased circulation of stablecoins.

Visa pilots stablecoins to speed up creator and freelancer payouts

Visa sees a significant opportunity in the creator economy, which is projected to reach $500 billion by 2027, according to the payment giant.

A16z urges US Treasury to exempt decentralized stablecoins from GENIUS Act oversight

The company also suggested using decentralized digital identity as a tool for combating illicit finance in crypto.