Monfi Bank, a licensed digital bank in Malaysia, has introduced Monfi USD (MUSD), the only regulated stablecoin issued directly by a bank with reserves held under strict regulatory supervision. MUSD is fully backed one-to-one by US dollar reserves held in a segregated account on Monfi Bank's balance sheet, ensuring redemption at par and providing institutional clients a secure digital dollar alternative. This stablecoin supports cross-border payments, trade settlement, and treasury management, marking a significant step in integrating traditional banking with digital assets. Available now to qualified institutions and private clients, MUSD aims to offer a safer, bank-backed stablecoin option amid growing regulatory frameworks worldwide.
Monfi Bank's launch of Monfi USD (MUSD), a regulated bank-issued stablecoin, arrives as 46 of 142 Financials-sector US stocks on Pluang rose while 96 fell. For readers following Financials, here is Pluang's market snapshot as of Oct 19, 2026 22:42 WIB: PSEC priced at USD 1.55 with a -3.13% change and a typical hold time of 79 days; HUT at USD 69.79 up 3.01% with a 12-day hold; OXLC at USD 7.70 down 2.65% with a 53-day hold.
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