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Current use of Stablecoins outside Crypto Ecosystem is very limited, says a new report from Bank for International Settlements

The Business Guardian

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September 24, 2025

In August 2025, the Bank for International Settlements released the results of their annual survey on Central Bank Digital Currencies and Crypto. The survey was conducted in 2024 with 93 central banks from across the world, out of which 73 had also participate in the earlier edition. These respondents represent 78% of the world’s population and 94% of global economic output. Interestingly, 28 respondents are from advanced economies whereas 65 are central emerging market and developing economies.

Current use of Stablecoins outside Crypto Ecosystem is very limited, says a new report from Bank for International Settlements

The most interesting outcome of the survey is the coverage on stablecoins. These are special crypto tokens which are pegged to a currency. For example, a stablecoin known as USDT is pegged to US Dollar while EURC is pegged to Euro and JPYC is pegged to Japanese Yen. These have been used mostly in the crypto trading as the intermediary holding instrument.

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GST cuts boost consumer demand on Navratri Day 1

GST 2.0 appears to have delivered instant relief and sparked consumer joy from the very first day, reducing household expenses, reviving demand across industries, and igniting the festive season with record-breaking sales.From cars and electronics to groceries and fashion, every sector felt the surge. It was sort of a festival of savings, a boost to demand, and the real Diwali gift to the people of India.

time to read

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The Business Guardian

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Crompton launches DURA series submersible pumps

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time to read

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The Business Guardian

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Oil India Chief pushes Global asset buys for Mineral Security

Ranjit Rath, Chairman and Managing Director of Oil India Limited (OIL) and the current Hydrocarbon Chair of CII, has emphasised the strategic importance of overseas asset acquisition in the critical minerals space, underlining its role in India's energy security and green transition goals.

time to read

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The Business Guardian

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Power equipment stocks rise on Nvidia's Data Center Plan

The stocks of power equipment makers rose Tuesday morning following Nvidia Corp.'s announcement of a massive investment plan for data centers, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

time to read

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The Business Guardian

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SCHOOLING WOMEN: LESSONS AT HOME, VOICES OUTSIDE — EDUCATION’S RISE FROM ZENANA T0 ASSEMBLY

Not a one-way crossing but a two-way circulation: household skills—thrift, hygiene, record-keeping—scaled into public reform, while exams and magazines brought civic habits back home. The “good wife” became budget-maker and petition-signer; the school learned the idioms of cleanliness and care. Separate spheres, in practice, taught each other.

time to read

10 mins

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The Business Guardian

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Nitish launches projects worth Rs 1,826 cr in Bihar’s East, West Champaran districts

Bihar Chief Minister Nitish Kumar on Tuesday launched projects worth more than Rs 1,826 crore in Westand East Champaran districts.

time to read

1 min

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The Business Guardian

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CM Gupta flags Off Delhi-Baraut inter-state AC electric bus service

Delhi Chief Minister Rekha Gupta on Tuesday flagged off the fully-electric Delhi-Baraut Inter-State AC Bus Service from Maharana Pratap ISBT, signaling the revival of Delhi’ interstate bus services after a gap of nearly 18 years.

time to read

1 mins

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The Business Guardian

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TAMIL NADU PLANS SOUTH ASIAN RENEWABLE ENERGY CORRIDOR: MINISTER

Tamil Nadu has unveiled plans to position itself as the hub of a South Asian Renewable Energy Corridor, driving regional clean energy collaboration and expansion.

time to read

2 mins

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The Business Guardian

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Heavy rains batter Maha, NDRF rescues over 300 people in Marathwada districts

‘The Continuous heavy rainfall across several districts of Maharashtra has led to a flood-like situation, prompting the deployment of the National Disaster Response Force (NDRF) in Beed, Dharashiv, and Solapur districts.

time to read

1 min

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The Business Guardian

The Business Guardian

Rahul Gandhi urges PM to announce Punjab Flood relief package

Congress leader Rahul Gandhi on Monday again urged Prime Minister Narendra Modi to immediately announce a comprehensive relief package for Punjab following devastation caused by floods in the state.The Congress leader, who had written a letter to PM Modi earlier, said Punjab has suffered losses of “nearly Rs 20,000 crore” due to the floods, and the initial relief package of Rs 1600 crore announced by PM Modi is an “injustice” to the people of Punjab.”

time to read

1 min

September 24, 2025

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