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Stablecoin
The $2 trillion-a-month stablecoin market comes to Israel
Stablecoins are digital currencies pegged 1:1 to major currencies such as the shekel or dollar; issued by private firms and run on blockchain networks, not central banks, they are now entering Israel’s mainstream under official regulation
Shaked Green Arava, Calcalist
|
07.01.26
Israel approves first shekel-backed stablecoin for limited launch
Bits of Gold, a licensed financial asset service provider, will issue the coin under strict supervision, with full 1:1 reserves held in Israel and mechanisms for liquidity, redemption and regulatory reporting
Gad Lior
|
04.27.26
Iran tries to circumvent sanctions with cryptocurrency, but pro-Israel hacking group is on its tail
According to research firm Elliptic, Iran's central bank purchased more than half a billion dollars in the cryptocurrency USDT in April-May, partly using the UAE dirham; pro-Israel hackers managed to empty the largest cryptocurrency exchange in Tehran
News Agencies
|
01.22.26
Stablecoins may prop up the dollar, while quietly paving bitcoin’s rise
Opinion: Dollar-pegged stablecoins drive global demand for US treasuries but expose the weaknesses of fiat money, setting the stage for bitcoin to emerge as a long-term hedge and foundation for a parallel financial system
Brett Schor
|
07.23.25
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