Latam Insights: El Salvador Offers Bitcoin Instruction to 80,000 Public Servants; Mercado Libre Launches Stablecoin
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador will offer bitcoin certification for public servants, Mercado Libre launche...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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HSBC Launches First Stablecoin, Bringing Hong Kong Dollar Payments to 3.3M Users
HSBC has launched its first stablecoin, a Hong Kong dollar-backed digital currency designed for everyday payments, marking a signi...
SoFi Launches Yield-Bearing Tokenized Bank Deposit With Stablecoin Conversion
TL;DR: SoFi says its new SOFIE tokenized deposit represents money held at SoFi Bank, advertises 4.40% APY subject to terms, and ca...
HSBC Launches RedCoin Stablecoin and Plans to Let Customers Buy Tokenized Funds With It
HSBC put its first stablecoin, a Hong Kong dollar token called HSBC RedCoin (ticker RCHKD), on its PayMe payments app on Oct. 23,...
Bank Lobby Presses OCC For Clarity On Stablecoin Rewards After Final Rule
A final stablecoin rule has not ended the argument over rewards. The Bank Policy Institute used its October 24 newsletter to renew...
UNDP And Blockchain For Good Put Public-Service Security Ahead Of New Payment Rails
UNDP and the Blockchain for Good Alliance announced a two-year cybersecurity programme on October 19. The initiative brings a prac...
Reflect Lets Anyone Launch a Solana Stablecoin in Under a Minute With Shared Yield
Key Takeaways: Reflect has released the Create tool, which enables the user to mint stablecoins with a brand on Solana in one go....