Taiwan's First Stablecoin: A New Era for Finance

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.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.