Taiwan's First Stablecoin: A New Era for Finance
Update: 2025-12-03
Description
Taiwans first local stablecoin launch anticipated in late 2026, following the draft law for virtual assets initial reviews. The new law allows non-bank entities to issue stablecoins, with financial institutions leading the way. The backing currency, either US dollar or Taiwan dollar, remains undecided, impacting the stablecoins role in cross-border payments and Taiwans currency system.
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