| Mobile Web

Search results for London

Crypto

Tech Insight: Why stablecoins still are not used like money despite being super infrastructure

Zach Abrams, founder and CEO of stablecoin issuer Open Standard, said stablecoins can be as stable as cash, profitable and transferable online, but are not being used effectively for transactions. He cited hurdles in card settlement, institutional trading, corporate treasury management and fintech infrastructure. Abrams said Open Standard is focused on solving these issues with OpenUSD by sharing reserve income, charging small per-transaction fees and imposing no withdrawal fee.

Finance

Korea Investment Securities expands global investment products with Fidelity, PIMCO and Carlyle

Korea Investment Securities is partnering with global asset managers including Fidelity International, PIMCO and Carlyle to expand its global investment business, from research to bonds and alternative assets. The company said it will integrate partners’ investment capabilities into its products and services. It signed an MOU with Fidelity in London and separate MOUs with PIMCO and Carlyle in New York, including plans for joint product development and expanded research services.

Mobility

Tesla puts Cybercab robotaxi on Austin roads as EV battery durability draws attention

Tesla has begun operating its steering wheel- and brake pedal-free autonomous robotaxi, Cybercab, on roads in Austin, Texas, drawing attention to its vehicle design and self-driving strategy. Use conditions include a ban on riders under 13, and the timing of general sales remains unclear. Rivals are expanding service footprints, while South Korea’s mobility sector focuses on infrastructure, partnerships and data-based services alongside debate on EV battery durability and safety.