REPORT: South Korea plans to amend its foreign-exchange law to regulate stablecoins as payment instruments, according to an Oct. 23 report.

REPORT: @chainlink announced an Oct. 22 partnership with a Korean IT firm to expand stablecoin use and distribution in South Korea.

REPORT: SparkLend @sparkfinance has $11.95M in @tether USDT available as utilization holds near 96%.

REPORT: Stablecoin payments firm @RedotPay is reportedly weighing a confidential US IPO filing by year-end and a pre-IPO round at a $4B–$5B valuation.

REPORT: Analysts warn AI assistants steering savers away from @circle USDC toward higher-yield bank accounts could threaten up to 20% of the issuer's reserve revenue.

UPDATE: @aave lowered the point where borrowing costs for @tether's USDT jump sharply from 94% to 92% utilization in its V3 Core market.

REPORT: Senator Richard Blumenthal asked stablecoin issuer @tether for records on reported payments to a firm co-owned by former White House crypto adviser Bo Hines.

REPORT: @Securitize will mint and redeem stablecoins directly with @Anchorage to settle tokenized fund trades, cutting out cash-side intermediaries.

REPORT: @WesternUnion picked a settlement partner to let remittance recipients receive a dollar stablecoin instead of fiat currency.

REPORT: A study links crypto rallies to slower growth in @Circle's USDC but faster growth in @tether's USDT the next week, complicating stablecoin issuance as a buying-demand signal.