The growing interconnection between stablecoins and T-bills used for their backing is raising concerns. While the US Treasury admits the importance of a unified monetary unit for further tokenisation of legacy systems, it believes that the present stablecoin design is not suitable for that purpose.

Project mBridge suffers a huge blow as BIS exits the stage — as EU states express disquiet over the digital euro, and the U.S. Treasury eyes CBDCs replacing stablecoins.

India is once again weighing up a crypto ban in order to boost adoption of the digital rupee, while the Russian regulator warns banks of penalties. A new report suggests tokenization has little risk of jeopardizing financial stability.

Christopher Waller, one of the Fed's most vocal members on crypto issues, stated that DeFi can complement, rather than replace, traditional finance. He sees stablecoins as an efficient tool to support U.S. economic influence and argues against the necessity of a retail CBDC.

A new paper warns Russia's digital ruble may struggle to attract global adoption, as Mastercard teams up with an African bank so tokenized transactions can be made using wearable devices.

More than 180 million digital yuan wallets have now been created — but over in the UK, campaigners fear "Britcoin" could plunge privacy and freedom of expression into peril.

While the idea of a unified ledger is not new, a proposition coming from the ECB, alongside the much-hyped digital euro, suggests a big shift could be coming.

SWIFT's take on unified ledgers, IMF's CBDC research and Brazil DREX vision. In the tokenization segment, Visa unveils a new tokenization platform that'll allow central banks and financial institutions to launch their own stablecoins.