The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.
China's central bank, part of CoinDesk's new 50 list, is a pioneer of central digital currencies. Now the rest of the world is racing to catch up.
Open network Nervos has launched an incubator for early-stage startups that build user-centric decentralized applications.
Fireblocks, a platform that secures digital assets in transit, is expanding in Asia with two new offices, one in Hong Kong, the other in Singapore.
Ebang International Holdings, one of the leading makers of bitcoin mining equipment, is taking another stab at going public, this time in the U.S.