Asid Hussain Ashiq

Following the Chancellor’s recent Mansion House and Leeds Reform speeches, Quant, alongside a coalition of leading financial institutions and industry participants, has signed a letter urging the UK to adopt a national stablecoin strategy. As the letter highlights, stablecoins are not just ‘crypto assets’, they are emerging as core financial infrastructure that could: ✅ Reinforce Sterling’s international role ✅ Diversify demand for UK government debt ✅ Drive investment, jobs, and innovation in fintech ✅ Boost efficiency in cross-border trade & settlement The message is clear: while other jurisdictions race ahead, the UK risks missing a transformative moment. With the right regulatory clarity and political will, Britain can cement its position as the global hub for digital assets - turning stablecoins from a risk to contain into an opportunity to lead. #Stablecoins #Fintech #DigitalAssets #Payments

77

First Digital's FDUSD stablecoin is now live on Solana 🪙 FDUSD by First Digital Labs is now issued as an SPL token on the Solana blockchain — bringing the $1.7B stablecoin to Solana’s thriving DeFi ecosystem following issuance on Ethereum, BSC, and Sui. FDUSD will leverage Solana’s high throughput and low costs, joining a growing family of stablecoins issued on the network. This includes Circle’s USDC, Tether’s USDT, and PayPal’s PYUSD, just to name a few. FDUSD provides developers and users on Solana with another powerful option for real-world payment and DeFi applications, joining the DeFi ecosystem which settled $574B in value in 2024 according to Allium. FDUSD will be integrated with Raydium, Meteora, and Kamino Finance on day 1, and users can get started today. Institutions can onramp FDUSD to Solana via FD121.

294

10 Comments

The Dubai Financial Services Authority (DFSA) has approved Ripple’s RLUSD stablecoin as a recognized token within the Dubai International Financial Centre (DIFC). This approval allows DIFC-based companies to use RLUSD for various virtual asset services, including payments and treasury management. Ripple is already collaborating with local partners like Zand and Mamo, and the RLUSD token will also support the Dubai Land Department’s real estate tokenization project. The move reflects growing demand for blockchain solutions in the UAE's dynamic digital economy. Read more: https://lnkd.in/djWrzkDg Source: Cointelegraph

20

The promise behind every stablecoin: that £1 in digital form really is worth £1 — redeemable, transparent, and secure. That’s why the UK’s regulatory approach to stablecoins matters now more than ever. The UK has a chance to lead — but only if we get the detail right. Our latest response to the FCA’s consultation on stablecoin regulation draws on the insights of our member organisations actively building in this space. From custody structures to cross-border alignment, our recommendations call for practical, proportionate rules that support safe innovation and global competitiveness. 📄 Read the full response 👉 https://buff.ly/fqOHmMi 🤝 Want to get involved in future consultations? 👉 https://buff.ly/Uu2U5Hw A challenge worth repeating from Lord Holmes of Richmond: “Don’t moan about regulation unless you take part in the consultations.”

32

1 Comment

Welcome to this week’s IOTA QuickTakes, your concise update on the latest developments within the IOTA ecosystem. We recently responded alongside Cardano Foundation and INATBA - International Association for Trusted Blockchain Applications to crypto asset regulation proposals by the UK’s Financial Conduct Authority emphasizing that a one-size-fits-all regulatory approach is ineffective. We advocate for smart, nuanced regulation that protects users while fostering permissionless innovation. You can read our full response at https://lnkd.in/dwMQfSMv On the adoption front, GLC Recycle has launched its first Digital Product Passport for recycled batteries powered by IOTA and built by our partner Orobo, a participant in our Business Innovation Program. This project shows how blockchain technology can help meet compliance standards across continents, making supply chains more transparent and trustworthy. Find out more: https://lnkd.in/eunFaswv We’re excited to launch “Monthly Call with Ko-Wei Tseng” - a new Chinese X Space series. The first session took place on July 31 and covered ecosystem updates, project highlights, and insights from recent events like Malaysia Blockchain Week. Catch the replay and stay connected with all things IOTA. https://lnkd.in/dMjGrxqD To stay connected and engage with the community, join our official Telegram channel, where developers, contributors, and enthusiasts share ideas and updates: https://lnkd.in/giatsWes Watch the full QuickTakes recap on YouTube: https://lnkd.in/dAbYca-D

20

1 Comment

🔥TradFi meets DeFi! At Dubai FinTech Summit, David E Rutter joined Global Blockchain Business Council (GBBC)’s Emma Joyce for a powerful fireside chat: "Bridging TradFi and DeFi: How Digital Assets Are Storming into the Mainstream." They discussed how public and permissioned networks are converging to unlock real-world asset tokenization. David shared his predictions on how this convergence will reshape market infrastructure, accelerate regulatory progress, and redefine the global financial system. The firms that successfully bridge regulated finance with public blockchain ecosystems will shape the next era of global markets. If you missed it, watch the full conversation here: https://lnkd.in/g4SfhCW3 #TradFi #DeFi #DigitalAssets #R3 #Tokenization #DubaiFintechWeek #Blockchain

85

1 Comment

August wasn’t just another month at MANTRA - it was a pivotal one, with the team hitting several major milestones and gearing up to deliver even more. →$20 million strategic partnership with Inveniam, elevating institutional-grade tokenization infrastructure across private markets from the UAE to global DeFi → Binance joined as an active validator, boosting network decentralization and security alongside industry leaders Nansen, Google Cloud, Twinstake, and Hex Trust → Full EVM compatibility = coming, along with big roadmap changes for the rest of 2025 and into 2026 that will benefit investors, developers and asset owners → $25 million OM token buyback announced, backed by key investors and stakeholders → Governance proposal passed, establishing MANTRA Chain as OM's native foundation But the job's not done. Read on for more. https://lnkd.in/gFnxSTcU

46

1 Comment