G20 Puts Stablecoins Inside the Global Payments Rebuild - Coindoo — 2026-09-02

## Short Segments Singapore's central bank is taking a bold step in stablecoin regulation. The Monetary Authority of Singapore has proposed a licensing regime that mandates 100% reserves and bans interest payments on stablecoins. This move aims to ensure stability and protect consumers in the rapidly evolving digital asset space. Also in today's episode, Danal partners with VASP Inex to build a stablecoin payment network, and G20 finance leaders commit to clear pathways for digital asset innovation. Later, we'll dive into how the G20 is integrating stablecoins into the global payments rebuild. Singapore's central bank proposes a new licensing regime for stablecoins. The Monetary Authority of Singapore has unveiled draft amendments to the Payment Services Act, aiming to bring stablecoin oversight under statutory control. The proposed rules require stablecoin issuers to maintain full reserve backing and prohibit interest payments to token holders. This regulatory framework is designed to enhance consumer protection and ensure the stability of the financial system. By mandating stress testing and recovery planning, Singapore is setting a high bar for stablecoin issuers, potentially influencing global regulatory standards. The public consultation on these proposals is now open, inviting feedback from stakeholders until mid-October. This development underscores Singapore's proactive approach to digital asset regulation, aiming to balance innovation with financial stability. Danal partners with VASP Inex to build a stablecoin payment and settlement network. In a strategic move, Danal has teamed up with VASP Inex to create a stablecoin-based payment infrastructure. This collaboration aims to integrate Danal's electronic payment services with Inex's digital asset infrastructure, targeting the regulated digital asset payment market. The partnership will enable stablecoin payments at Danal's merchant network and facilitate payment and remittance services for foreign visitors and students in South Korea. A key feature of this initiative is the 'T+0' real-time settlement, allowing merchants to receive payments instantly. By leveraging regulatory licenses, Danal and Inex plan to offer a secure and compliant digital asset payment environment, marking a significant step in the mainstream adoption of stablecoins in payment systems. G20 finance leaders vow to establish clear pathways for digital assets innovation. At a recent meeting in Asheville, North Carolina, G20 finance ministers and central bank governors committed to advancing regulatory frameworks that support digital asset innovation while maintaining financial stability. The Chair's Statement highlighted the potential of digital financial innovation to drive economic growth and emphasized the need for responsible regulation. This commitment reflects a growing recognition of the transformative role digital assets can play in the global economy. By establishing clear regulatory pathways, the G20 aims to foster innovation while safeguarding the integrity of the financial system. This development signals a shift towards more structured and supportive environments for digital assets on the global stage. ## Feature Story The G20 is integrating stablecoins into the global payments rebuild. In a significant move, G20 finance ministers and central bank governors have committed to clearer regulatory frameworks for digital assets, with a particular focus on stablecoins. The Chair's Statement from their recent meeting in Asheville, North Carolina, emphasized the need for regulatory clarity to support financial innovation while preserving stability. This initiative is part of a broader effort to modernize global payment systems, recognizing the potential of digital financial innovation to drive inclusive economic growth. The G20's commitment comes as officials await findings from the Financial Stability Board on the implications of global stablecoins, particularly their cross-border impact. By advancing supervisory frameworks, the G20 aims to establish clear pathways for digital asset innovation, ensuring that these technologies can be harnessed safely and effectively. This development marks a pivotal moment in the integration of stablecoins into the global financial system, potentially setting a precedent for other international regulatory bodies. For issuers and custodians, this means navigating a more defined regulatory landscape, which could lead to increased adoption and trust in stablecoins as a viable payment method. Payment companies and developers may find new opportunities to innovate within these clearer guidelines, while enterprises could benefit from more efficient and secure cross-border transactions. As the G20 continues to shape the future of digital assets, stakeholders will need to stay informed and adaptable to leverage the opportunities presented by this evolving regulatory environment. Looking ahead, the focus will be on how these regulatory frameworks are implemented and their impact on the global financial ecosystem. The G20's actions could influence national policies, encouraging other countries to adopt similar approaches to digital asset regulation. As the landscape evolves, the balance between innovation and stability will remain a key consideration for policymakers and industry players alike.