USD stablecoins

Circle

2026-09-28 04:25:33

Circle hires for South Korea ecosystem growth role as it pursues local stablecoin partnerships

Stablecoin issuer Circle is recruiting a Senior Director, Ecosystem Growth, South Korea, according to a ChainCatcher report. The role is focused on building the company’s market-entry strategy in South Korea, tracking regulatory developments, and forming partnerships across the country’s financial and digital asset sectors. The job posting calls for candidates with more than 13 years of business development experience, along with familiarity with stablecoins, DeFi, and institutional liquidity flows. Korean and English fluency is also listed as a requirement. Circle has previously said its South Korea plan does not involve directly issuing a won-denominated stablecoin. Instead, the company said it aims to work with local KRW stablecoin issuers and provide infrastructure that connects them to U.S. dollar stablecoins.

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IMF

2026-08-08 06:29:09

IMF says local-currency stablecoins could speed up use of dollar tokens

The International Monetary Fund said local-currency stablecoins may end up helping the spread of U.S. dollar-pegged stablecoins when both circulate on the same blockchain infrastructure. Dan Katz, the IMF’s first deputy managing director, said users in that setup can move between local-currency and dollar stablecoins through decentralized exchanges, liquidity pools, or peer-to-peer transfers. He said that convenience could support broader use of dollar stablecoins rather than contain it. Katz added that users may prefer dollar stablecoins because of their liquidity, network effects, and wider acceptance across platforms and across borders. He also pointed to South Africa as an example, saying adoption of dollar stablecoins there remains limited, while demand for rand-linked stablecoins is even lower. Katz urged regulators to bring fiat on- and off-ramps, along with on-chain transaction venues, into their regulatory frameworks.

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stablecoins

2026-07-23 09:35:15

French Central Bank Warning Highlights Europe’s 98% USD-Pegged Stablecoin Market

European policymakers are split over how to respond to a stablecoin market where nearly 98% of the region’s supply is tied to the US dollar, raising concerns over euro influence and monetary autonomy.

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Perpetual Con

2026-06-04 14:00:49

Crypto is Dead, Perp is Eternal: The Industry’s Shift from Asset Factory to Global Asset Channel

The crypto industry is transforming from a 'new asset factory' into a 'global asset channel'. Stablecoins emerge as the most successful application, while native altcoins decline amid narrative exhaustion and external competition. Ethereum and DeFi's grand narratives also stall. In the rise of on-chain perpetuals, Hyperliquid rides four waves to dominance, and the perpetual contract itself—with no delivery, 24/7 trading—becomes the most successful yet dangerous financial innovation in crypto history, marking the shift from inventing assets to building permissionless trading rails.

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