Search results for U.S. dollar
Finance
Won-dollar foreign exchange trading to go 24 hours from July
South Korea will shift won-dollar foreign exchange trading to a 24-hour system from July 6. The Seoul Foreign Exchange Market Operating Council approved revisions to its code of conduct at a general meeting. Won-dollar trading hours will run from 6 a.m. Monday to 6 a.m. Saturday on New York summer time, and from 7 a.m. Monday to 7 a.m. Saturday when daylight saving time does not apply. Trading hours for other currencies will remain unchanged.
Crypto
Falcon Finance and SoFi launch dollar stablecoins targeting institutions and retail users
Falcon Finance and SoFi have launched U.S. dollar stablecoin products linked to U.S. banking infrastructure. Falcon Finance introduced the institutional-focused fUSD through Anchorage Digital Bank’s federally regulated issuance platform, with reserves held in short-term U.S. Treasuries, cash and Treasury-backed repos. SoFi unveiled SoFiUSD for retail users inside its app, supporting transfers on Ethereum and Solana and planning additional features in coming weeks.
AI & Enterprise
OSL HK lists Kyrgyzstan gold-backed stablecoin USDKG
Hong Kong-licensed digital asset exchange OSL HK has listed USDKG, a gold-backed stablecoin issued by Kyrgyzstan. The token is pegged 1:1 to the U.S. dollar and is backed by physical gold reserves. Professional investors can trade the USDKG/USDT pair on OSL HK\'s over-the-counter platform. USDKG is issued by a state-owned entity under Kyrgyzstan\'s finance ministry, with an initial issuance of $50 million.
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Crypto
Billionaire Mark Cuban says he sold most of his bitcoin, disappointed in inflation hedge role
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Finance
KOSPI recovers 7,500 level, up more than 4 percent in early trade
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Crypto
Anchorage and Mexico\'s Grupo Salinas partner on stablecoin-based cross-border payments
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Crypto
HectoWalletOne launches USDC subscription plan to cut multichain burden
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Crypto
Hecto Innovation steps up support for Circle\'s Arc ecosystem expansion in South Korea
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Crypto
Silver price jumps on weaker dollar, eyes return to $121 record high
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Crypto
Ripple, JPMorgan and Mastercard complete pilot transaction linking XRP Ledger to bank payment network
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Crypto
Western Union launches Solana-based dollar-pegged stablecoin USDPT
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Crypto
Bitcoin hovers around $75,000 as institutional buying meets short-term selling
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Finance
Silver price rebounds on weaker dollar, market eyes $84
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Crypto
XRP, bitcoin long-term case strengthens as global uncertainty grows - financial coach
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Crypto
Coinbase backs fast passage of CLARITY bill after call by U.S. Treasury Secretary Bessent
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Crypto
Debate grows over whether Iran could take Bitcoin for Hormuz tolls
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Crypto
Robert Kiyosaki says 1974 shock now emerges, hold gold, silver and bitcoin
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Crypto
Bitcoin and dollar in symbiosis; GENIUS Act framework should not be undermined