- USDG gains MAS approval, reinforcing its role in compliant digital finance under Singapore’s regulatory framework.
- USDY enables global yield access via blockchain with smart contract-enforced lending for permissioned tokens.
- EURS and VCHF expand fiat-backed digital asset options with full reserve backing and regulatory alignment.
As digital finance continues to evolve, stablecoins are gaining traction globally for their ability to merge traditional financial stability with the efficiency of blockchain technology. Recent developments across multiple digital assets underscore this trend, with new projects aligning with stringent regulatory standards and expanding access to decentralized financial tools.
Global Dollar(USDG): Achieves Regulatory Milestone in Singapore
Current price:$0.9997
Market cap:$245.64M
USDG, a US dollar-backed stablecoin issued by Paxos Digital Singapore Pte. Ltd. (PDS), has received full approval from the Monetary Authority of Singapore (MAS) as a Major Payments Institution. This approval enables the company to offer digital payment token services under Singapore’s stablecoin regulatory framework. Available for 1:1 redemption for US dollars at all times, USDG offers high transfer speeds and is built with programmable blockchain features for enhanced utility.
Ondo US Dollar Yield(USDY): Offers Yield-Oriented Dollar Exposure
Current price:$1.08
Market cap:$428.26M
Ondo US Dollar Yield (USDY) introduces a decentralized lending protocol that supports permissioned tokens, allowing for broader asset compatibility. Designed to serve non-US investors, USDY combines stablecoin-like features with U.S. dollar-denominated yield. The protocol automates lending agreements through smart contracts, ensuring operational transparency and efficiency while reducing intermediary costs.
STASIS EURO(EURS): Bridges Euro and Blockchain Ecosystems
Current price:$1.13
Market cap:$141.29M
STASIS EURO (EURS) brings the value of the Euro to blockchain networks. Fully backed by collateral reserves, EURS is structured to meet institutional standards through daily reporting, weekly verification, and quarterly audits by a top-five global accounting firm. The STASIS platform supports DeFi integration and offers technology and custodial services to institutional users.
VNX Swiss Franc(VCHF): Provides Swiss Franc-Based Digital Asset
Current price:$1.22
Market cap:$10.26M
VNX Swiss Franc (VCHF) is a multichain token issued by VNX Commodities under Liechtenstein’s Financial Market Authority framework. The token reflects the Swiss Franc and serves various functions in the digital finance landscape, including hedging, trading, and earning opportunities in both centralized and decentralized finance platforms.
