#regulated stablecoin

[rwatimes]

DefiHash Secures MiCA Authorization to Expand Regulated Stablecoin Infrastructure Across Europe - IssueWire

Strengthening compliant access to digital assets and accelerating the next phase of regulated Web3 finance

➤ DefiHash has secured MiCA authorization in the EU, enabling regulated stablecoin infrastructure expansion across Europe. ➤ This authorization allows DefiHash to offer compliant fiat-to-crypto and on-chain liquidity solutions for both retail and institutional participants. ➤ The move signifies a commitment to regulatory transparency and aims to connect traditional finance with on-chain financial services.

[rwatimes]

Figure Launches YLDS, First Regulated Yield-Bearing Dollar Product on Stellar - Tech | Business | Economy

Figure Technology has launched YLDS on the Stellar network, marking the first time a regulated yield-bearing dollar product is on the network

➤ Figure has launched YLDS, a regulated, yield-bearing dollar product, on the Stellar network, marking a significant step for on-chain finance. ➤ YLDS aims to provide regulated entities, fintechs, and neobanks with a compliant way to hold dollars, earn yield, and move money on-chain. ➤ The product is particularly targeted at regions like LATAM, where dollar-denominated savings are a necessity due to currency devaluation, offering a regulated alternative to informal savings methods.

[rwatimes]

The first regulated Canadian digital dollar is here, and ready to compete with the U.S. market

Tetra Digital Group announced the launch of CADD on Monday, the first regulated stablecoin issued by a financial institution.

➤ Tetra Digital Group has launched CADD, Canada's first regulated stablecoin, pegged 1:1 to the Canadian dollar and backed by major Canadian financial institutions. ➤ CADD aims to compete with U.S. stablecoins by offering a native Canadian dollar digital currency, reducing FX fees for cross-border transactions and commerce. ➤ The stablecoin operates on multiple blockchains including Base, Ethereum, and Tempo, with plans for Solana integration, and undergoes regular external audits for reserve transparency.