The Taiwanese government aims to issue a stablecoin pegged to the local or U.S. dollar in the second half of 2026.
According to Focus Taiwan, the island could see the debut of its first stablecoin as early as the latter half of 2026, alongside the advancement of new digital asset legislation.
Peng Jin-lon, chairman of the Financial Supervisory Commission (FSC), outlined a precise roadmap for introducing the national stablecoin to the market. The timeline closely depends on the approval of the Virtual Assets Service Act during the country’s next legislative session.
The official explained that once the law is approved, and after a six-month transition period required for its implementation, the conditions will be ideal to launch a stablecoin pegged to either the Taiwanese dollar or the U.S. dollar.
Taiwan’s developing regulatory framework is inspired by the European Markets in Crypto-Assets (MiCA) regulation. According to Peng, once fully implemented, the legislation will allow non-financial institutions to issue stablecoins. However, in the initial phase, the Taiwanese central bank and the FSC will restrict issuance rights exclusively to regulated entities.
Alongside regulatory progress, policymakers are evaluating the total amount of bitcoins confiscated by authorities, fueling speculation that the nation may be considering the creation of its own strategic bitcoin reserve.
Last May, Taiwanese legislator Ju-Chun publicly urged the government to add bitcoin to national reserves as a hedge against economic uncertainty. Currently, the country’s reserves include U.S. Treasury securities and gold.
