Stablecoins are finding product-market fit in emerging markets
  • February 1, 2025

Stablecoins are finding product-market fit in emerging markets

Five years ago, SpaceX launched Starlink, which has since grown into its biggest revenue driver, expanding to more than 100 countries. But as Starlink scaled, it faced a major hurdle: accepting payments in developing markets, where traditional banking infrastructure is unreliable, slow, and prone to blocking transactions. Many local banks across Africa, Latin America, and Asia struggle with international payments, forcing SpaceX to look for alternatives. To bypass these challenges, SpaceX turned

China's market regulator says 'stabilising confidence' key
  • January 31, 2025

China's market regulator says 'stabilising confidence' key

China's top financial market regulator said on Saturday that "stabilising the market, stabilising confidence and stabilising expectations" were priorities as the government works to provide better access to capital for leading technology. Wu Qing, who took over as the head of China's Securities Regulatory Commission a year ago when China's stock markets were sliding, said regulators had been working to restore confidence since late September, when Beijing rolled out a series of stimulus measures.