ASIC licenses a stablecoin for the first time. Wait... what's a stablecoin?
Sep 29, 2025
17:42
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ASIC, the Australian financial regulator, has licensed a stablecoin for the first time in its history. A stablecoin is a type of cryptocurrency, and we're at a moment where cryptocurrencies could change the plumbing of the global financial system... with profound consequences for geopolitics.