US Treasury, Singapore Discuss Stablecoin Cooperation at APEC Summit
- Main discussion focused on stablecoin regulation and cooperation.
- Potential rise in USD-backed stablecoins.
- Strengthens digital asset policy alignment.
The U.S. and Singapore are advancing in stablecoin regulation collaboration. Treasury Secretary Scott Bessent and Prime Minister Lawrence Wong emphasized shared priorities at the APEC 2025 summit, focusing on compliant crypto innovation and digital asset policy.
Scott Bessent, U.S. Treasury Secretary, and Singapore PM Lawrence Wong discussed stablecoin regulation during the APEC Summit .
The meeting signifies a strategic alignment between U.S. and Singapore on compliant crypto innovation, influencing market enthusiasm and regulatory clarity.
The U.S. Treasury Secretary highlighted the meeting’s importance, noting the global potential of stablecoins. Singapore, described as an emerging hub, has issued 13 Major Payment Institution licenses. This reflects its open stance towards digital assets regulation and stablecoins.
“Stablecoins represent a revolution in digital finance. The dollar now has an internet-native payment rail that is fast, frictionless, and free of middlemen. This groundbreaking technology will buttress the dollar’s status as the global reserve currency…”
Singapore PM Lawrence Wong, representing the nation at the summit, is recognized for his leadership in digital assets in Asia-Pacific . Stablecoin policies were emphasized as a core part of the discussions, illustrating a mutual interest between the countries.
The discussions may increase demand for U.S. Treasuries and affect on-chain stablecoin flows . The meeting set a precedent for cooperation on digital asset innovation and related financial regulations.
Following regulatory developments, the GENIUS Act was mentioned as a foundational component in achieving regulatory clarity. Singapore’s crypto-friendly policies and historical collaboration with the U.S. could lead to significant advancements in the digital finance space.
The potential cooperation between the two nations could lead to significant financial and technological outcomes. Analysis suggests that stronger, clearer guidelines on stablecoins could bolster economic opportunities and technological innovation within their jurisdictions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The AI boom may follow the path of the 19th-century railway bubble, and builders may not be the ultimate winners
Goldman Sachs analyst Bobby Molavi compared the current situation to the 19th-century British railway mania: 500 companies spent more than the nation's annual income building 8,000 miles of railway, with most early investors losing out, while the real beneficiaries were the later "passengers." He pointed out that the current AI craze is driven by both debt and momentum, and that the S&P 500’s forward P/E ratio of 18x is only "a bit cheaper." Whether the builders can retain value is uncertain, and history does not offer an optimistic answer.
If Anthropic's IPO goes smoothly and the stock price rises next week, then everything remains the same for AI. Otherwise, some companies will go bankrupt.
The shrinking valuations of two major giants have triggered a chain reaction—investors are adopting more conservative revenue multiples for AI startups and are directly halting high-valuation financing for companies with zero revenue. Multiple venture capital firms have advised their portfolio companies to lower valuation expectations and to quickly build up cash reserves. Market participants warn that the outcome of Anthropic’s IPO will be a barometer for the industry: if successful, the boom will continue; if it fails, some companies may face elimination.
After the Brazilian election, political discount deepens; Morgan Stanley remains bullish on Petrobras (PBR.US), focusing on fuel pricing and dividends
Morgan Stanley still maintains its most optimistic "Overweight" rating, but has lowered its year-end 2027 target price from $31 to $25.
Corning (GLW.US) receives initial "Buy" rating from Jefferies! AI factories driving a fiber optic rush, with a potential global supply gap of up to 30%
For Corning, the recent profit growth mainly comes from the expansion of AI clusters. As the number of optical links crossing cabinets and campuses increases, customers need to deploy more optical fibers within limited conduit and cabinet space, thus driving demand for high-density optical cables and connection systems.
Crypto prices
More
