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Malaysia, Thailand join Singapore’s cross-border stablecoin push
Crypto·

Malaysia, Thailand join Singapore’s cross-border stablecoin push

Malaysia and Thailand have joined Singapore's BLOOM initiative to streamline cross-border stablecoin transactions and tokenized deposits. This regional collaboration aims to significantly reduce international settlement costs and enhance financial coordination among participating institutions.

BTC
2.2K1765
Japanese visitors may be able to pay with yen stablecoins in South Korea under Shinhan-SBI pact
Crypto·

Japanese visitors may be able to pay with yen stablecoins in South Korea under Shinhan-SBI pact

Shinhan Bank and SBI Holdings have partnered to enable Japanese visitors to use yen stablecoins for merchant payments in South Korea. The cross-border collaboration also targets peer-to-peer wallet transfers to streamline regional trade remittances.

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