Search results for programmable money
Crypto
Augustus wins conditional U.S. approval for stablecoin-focused bank, eyes FX clearing
Augustus has received conditional approval in the United States to establish a stablecoin-focused bank, Cointelegraph reported on May 15. The Office of the Comptroller of the Currency conditionally approved Augustus Bank N.A. The company is pursuing a Dallas, Texas-based bank handling fully reserved stablecoins, AI-based compliance and automated back-office operations. Chief executive Ferdinand Davits said the bank could launch in a few months, once pre-opening conditions are met.
Crypto
a16z crypto says \'stablecoin\' is an outdated term from early crypto era
The term stablecoin no longer reflects technological progress and has become an outdated label from crypto’s early days, Cointelegraph reported, citing a16z crypto special projects lead Robert Hackett. Hackett said the term was coined when extreme volatility dominated markets, but stability is now a baseline rather than the defining feature. Developer and brand adviser John Palmer said the name feels like a bug and stablecoins deserve a new identity. Hackett said alternatives are awkward and early terms often endure.
Crypto
Circle CEO says it is watching South Korea stablecoin market, would consider entering if rules open
U.S. stablecoin company Circle has rated South Korea as a key hub in the global digital asset market and has formalised the possibility of expanding business in line with domestic regulatory developments. Co-founder and CEO Jeremy Allaire said Circle is closely watching South Korean discussions on digital asset and stablecoin legislation. He said the company is reviewing a suitable local business structure and would seriously evaluate operating formally under regulation if a legal path is 마련ed for foreign-issued stablecoin operators.
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Crypto
Six major Swiss banks test Swiss franc stablecoin
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Crypto
Shinhan Financial signs MOU with Bank of Korea to promote deposit tokens
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Crypto
Stablecoins touted as digital cash, but most funds sit idle
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Finance
Toss says it will open money 3.0 era, outlines borderless finance super-app vision
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Crypto
Stablecoin market in 2026: Focus on monetisation, interoperability and programmability
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Crypto
Global companies eye stablecoin payments as regulatory frameworks key