Stablecoins

The technology could boost security and lower costs, but is not without its risks

Group was first announced in October 2025 when just 10 banks were involved

Interested parties may submit their feedback by Oct 16

The legislation would give the crypto industry its first comprehensive federal rulebook

It is aimed at increasing the usage of the digital tokens worldwide by addressing hurdles that businesses face in scaling stablecoin adoption

As the regulatory framework matures and client base expands, trusted custody solutions are growing in importance

Abhinav Tiwari also sees an opportunity to be part of city-state’s development of stablecoin payments

Safe storage and management of digital assets is more important than ever in highly digital economies

The lenders will set up a council to examine operational frameworks and prepare for the issuance