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US Fed warns foreign CBDCs and stablecoins could lead to ‘erosion of dollar’s role’

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According to the Fed, a large, stable foreign CBDC is unlikely to affect the dollar’s utility as a value storage mechanism but its use as a medium of exchange could be dampened.

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Coin Market

Japanese logistics company eyes JPYC stablecoin to pay drivers

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The planned rollout would let thousands of transportation contractors receive digital yen payments more frequently and quickly.

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Coin Market

Allbridge Core pauses cross-chain bridge after $1.65M exploit

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The attacker allegedly used a flash loan and rapid swaps to manipulate the bridge’s stablecoin exchange rate.

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Coin Market

South Korea probed 40 cases of crypto manipulation over 2 years

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Financial Services Commission Chair Lee Eog-won posted the figures on the second anniversary of the enactment of the Virtual Asset User Protection Act.

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