Coins

Bank of Canada Calls for Guardrails as Stablecoins Go Mainstream

In brief Bank of Canada Deputy Governor Ron Morrow called for federal stablecoin regulation while highlighting Canada’s lagging payments modernization compared to the U.S. and UK. Canadian remittance costs are “significantly higher” than other developed nations, creating opportunities for stablecoin adoption to reduce cross-border payment fees. Stablecoins could cut remittance fees to “less than 1…

Business

PayPal Stablecoin Tops $1.3 Billion as PYUSD Expands to Tron, Avalanche

In brief LayerZero extended PYUSD’s presence to nine additional blockchains. PYUSD0 tokens represent a bridged version of PayPal’s stablecoin. The stablecoin had a market capitalization of $1.3 billion on Thursday. PayPal’s PYUSD stablecoin expanded to nine new blockchains on Thursday after LayerZero, an interoperability protocol, unveiled additional support for the token in a blog post.The…

Uncategorized

EURC is available for trading!

September 18, 2025 | Asset Listings We’re thrilled to announce that EURC is available for trading on Kraken! Funding and trading EURC trading is live as of September 18, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your tokens…

Uncategorized

Introducing Kraken Launch, powered by Legion

For 14 years, we have been one of the most trusted crypto platforms. Our vision is for Kraken Launch to support project teams throughout their token journey by offering services before, during and after token sales. Why Kraken Launch? Crypto started with an ethos of open access for all. However, the first chance retail has…

Coins

BDACS, Woori Bank Launch South Korea’s First Won-Backed Stablecoin on Avalanche

In brief Digital asset custodian BDACS has launched KRW1, South Korea’s first fully regulated won-backed stablecoin, through a partnership with Woori Bank. Each token maintains full collateralization with Korean won held in Woori Bank escrow, according to BDACS. The launch comes amid competing parliamentary bills that debate interest payments and capital requirements for stablecoin issuers.…

Law and Order

Australia’s Regulator Eases Rules on Stablecoin Intermediaries

In brief ASIC has granted class relief for intermediaries distributing stablecoins issued under an AFS licence. An expert told Decrypt this “helps bridge regulatory friction while Treasury finalises its proposed stablecoin regime.” ASIC noted the relief could be extended to additional issuers as more look to secure AFS licences. The Australian Securities and Investments Commission…