Thailand's SEC announced top stablecoins USDT and USDC as official cryptocurrencies for various uses. Thailand citizens can start USDT and USDC trading and payments from March 16, 2025.

Thailand has added two dollar-backed stablecoins to its list of regulated cryptocurrencies as global stablecoin adoption gains steam.

On-chain data from Lookonchain revealed that USDT and USDC Stablecoins on Ethereum increased by $1.3 billion. The analytic firm also noted that USDT and USDC Stablecoins on Hyperliquid decreased by $77 million.

The Thailand Securities and Exchange Commission (SEC) has approved Tether's USDt (USDT) and Circle's USDC (USDC) for cryptocurrency trades, allowing the stablecoins to be listed on regulated exchanges across the country.Thailand's SEC announced the approvals last week after soliciting feedback from the public on proposed regulatory changes that were finalized in February and scheduled to go into effect on March 16. As Cointelegraph previously reported, there have been growing calls within Thailand to legitimize cryptocurrency usage and urge stablecoin adoption to boost domestic revenue.

The Thai Securities and Exchange Commission (SEC) has approved the use of the largest two stablecoin assets, Tether (USDT) and Circle's USD Coin (USDC), in digital asset transactions.

Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM) and certain tokens used in the Bank of Thailand's settlement system were approved.

USDC's dominance on Binance continues to rise, challenging Tether's market position amid shifting regulatory frameworks in the European Union.

The company announced that deposits and withdrawals of the popular stablecoin are now live on the Crypto.com App. This will give users another way to access fast and low-cost transactions.

MYRIAD's new USDC markets will drive more accurate predictions, and redefine the revenue model for media and creator content.

Circle, the issuer of the world's second-largest stablecoin by market cap USDC, plans to have the first seamless bridged-to-native USDC upgrade rolled out on layer 2 blockchain Linea. In an announcement on Mar.

USDC won approval to become the first dollar-pegged stablecoin issued in Japan by crypto exchange SBI, according to Circle CEO Jeremy Allaire.

SBI VC Trade announced the completion of its initial registration for stablecoin transactions, paving the way for specific use cases related to USDC.

SBI VC Trade will be the first to list Circle's stablecoin under the country's new payments framework.

SBI VC Trade has become Japan's first company to receive official approval to handle stablecoins like USD Coin (USDC), marking a significant step in the country's crypto market. On March 4, the firm announced its registration as an “Electronic Payment Instruments Business Operator” under Japan's updated regulatory framework.

SBI VC Trade, the cryptocurrency subsidiary of Japan's financial giant SBI Holdings, is set to introduce support for Circle's USDC stablecoin. The post SBI's Crypto Arm to Support USDC as Japan Eases Stablecoin Regulations appeared first on Cryptonews.

SBI VC Trade has become the first financial platform in Japan to secure registration for USDC transactions, marking a major step forward.

SBI Group's crypto unit SBI VC Trade is set to commence USDC stablecoin service later this month.

The crypto unit of SBI Group said it is the first in the country to complete such registration to process USDC transactions.

Following registration, SBI VC Trade expects to launch its first USDC stablecoin transactions for selected users on March 12.

Binance will delist trading pairs for nine stablecoins in the European Economic Area (EEA) by March 31, according to a March 3 statement. According to the exchange, this decision aligns with its efforts to comply with the European Union's Markets in Crypto-Assets (MiCA) framework, which introduces stricter regulations for digital assets.

This move expands access to the stablecoin, allowing users to deposit and withdraw USDC seamlessly on Sui. With this update, Binance is strengthening its support for emerging blockchain ecosystems.

A liquidity-driven surge for SOL remains unlikely, diminishing the impact of the recently minted 250 million USDC.

Circle has partially assisted the Bybit hack investigation, but ZachXBT claims the stablecoin issuer did not react quickly enough to blacklist and freeze USDC addresses linked to the hack.

Binance enables USDC deposits and withdrawals on the Sui Network, boosting liquidity and transaction speed. Users can now send and receive USDC on Sui directly via Binance, avoiding bridges and extra steps.

PayPal CEO emphasized blockchain's role in real-world payments, positioning PYUSD as a key player in the digital economy.

The stablecoin payment option will initially be available at Metro Paragon and Metro Woodlands locations.

The expansion of USDG to Solana marks a significant step in its mission to become a leading stablecoin for global transactions.

In a major advancement for the adoption of stablecoins in the financial sector, the Dubai International Financial Centre (DIFC) has officially recognized USDC and EURC as the first regulated stablecoins within its legal framework. This recognition marks a key milestone for Circle as it establishes itself against its direct competitor, Tether's USDT.

This is the first time stablecoins have received this status in Dubai's International Financial Centre (DIFC). It marks a major step forward for digital payments and crypto adoption in the region.

The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.

The Dubai Financial Services Authority has approved Circle's USDC and EURC as recognized tokens.

Now the two tokens become regulated and can be integrated by financial institutions and fintechs in the DIFC.

Infini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers breached its platform and investigations were underway.

The stablecoins has now joined Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple's XRP, and Toncoin (TON) in Dubai's approved list of tradable cryptocurrencies.

Circle's USDC and EURC have been approved as the first stablecoins under Dubai's crypto regulatory framework, enabling their integration into financial services within the Dubai International Financial Centre (DIFC). The post Circle's USDC and EURC Gain Legal Status with DFSA Approval in Dubai appeared first on Cryptonews.

The green light means that businesses in the DIFC will start using the stablecoins on a large scale. The DFSA gave the go-ahead after Circle applied with the authority, marking the first DIFC clearance for stablecoins.

Crypto has gained significant attention and acceptance following a change in the USA's view under Donald Trump's crypto-friendly administration. Under this regime, crypto and related companies are no longer treated like enemies.

Circle's USD Coin (USDC) and EURC have become the first stablecoins to be approved under the Dubai Financial Services Authority's (DFSA) crypto token regime, marking a significant milestone for the stablecoin issuer in the Middle East.

The Dubai Financial Services Authority has approved Circle's USDC and EURC as the first officially recognized stablecoins under Dubai's new token regime. Circle announced on Feb.

Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins.

The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.

After winning approvals in the European Union (EU) and Canada, Circle's USDC and EURC have received recognition from the Dubai Financial Services Authority (DFSA). Under the approval, the stablecoins will see mainstream application by firms in the Dubai International Financial Center (DIFC).

With a 78% market share, USDC dominates Solana's stablecoin ecosystem, overshadowing Tether (USDT) and other rivals.

Infini, a stablecoin-focused neo-bank, suffered an exploit that resulted in a loss of approximately $49.5 million in USDC. Blockchain security firm Cyvers detected the breach less than a day after the platform celebrated reaching a $50 million total value locked (TVL) milestone.

Crypto exchange OX.FUN, backed by Three Arrows Capital's Su Zhu, faces insolvency accusations and transparency concerns after freezing a $1 million user deposit, which the exchange claims resulted from market manipulation attempts.

Infini Neobank Hacked, losing $49.5 million USDC due to a compromised private key. The attacker swapped assets to ETH and moved them to a new wallet.

The stablecoin neobank Infini encountered a severe setback on Monday as it fell victim to a hack. As per various on-chain trackers, 49.5 million USDC was drained from the platform.