That could soon change as crucial deadlines near.

founder of the cryptoeconomics lab at MIT.Cross-border payments are providing the most exciting new use cases.

accounts for 62% of the total stablecoin market.which would provide a framework for regulating stablecoins.the US government should tightly regulate stablecoin companies to protect consumers and the economy from financial crashes.

They were initially created as a way for crypto investors to store their money but have grown in popularity in recent years for their use in digital payments.it could cause the equivalent of a bank run.

to enable payments using stablecoins in countries across Latin America.

analysts at Deutsche Bank said in a May note.The Thai prime minister could be heard telling Hun Sen that she was under domestic pressure and urged him not to listen to the opposite side.

a major partner of the prime ministers government.Thailand and Cambodia have had a complicated relationship of both cooperation and rivalry in recent decades.

Paetongtarn became prime minister last year after the Constitutional Court ruled that her predecessor Srettha Thavisin had breached ethics rules and voted to dismiss him as prime minister.Paetongtarn is also contending with plummeting approvals ratings and faces a no-confidence vote in parliament.