Stablecoins

As stablecoins inch closer to mass adoption, major economies are rolling out regulatory frameworks to govern their use, structure, and impact on financial systems.

  • These are cryptoassets pegged to fiat currencies and backed by real-world reserves.
  • Stablecoins enable faster, programmable payments and are emerging as digital financial rails for both traditional and decentralized systems.
  • United States Passed the GENIUS Act, requiring fiat-backed stablecoins to maintain 1:1 reserves in high-quality liquid assets.
  • European Union Under MiCA (Markets in Crypto-Assets) regulations (from late 2024), stablecoins are classified as either “e-money tokens” or “asset-referenced ....
Do You Want to Read More?
Subscribe Now

To get access to detailed content

Already a Member? Login here


Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.

Related Content