Written by Turner Wright⁠, Staff Writer. Reviewed by Robert Lakin⁠, Staff Editor.

Written by Turner Wright⁠, Staff Writer.

Reviewed by Robert Lakin⁠, Staff Editor.

Israeli regulators approve shekel-pegged stablecoin

Latest NewsPublishedApr 27, 2026

Breaking News: Israeli Regulators Give Green Light to Shekel-Pegged Stablecoin

The Israeli Capital Market, Insurance and Savings Authority has approved the launch of a shekel-pegged stablecoin, known as BILS, after a two-year pilot program on the Solana blockchain. This milestone is a significant step forward for the country’s crypto industry, allowing for greater integration with the global digital assets economy. The stablecoin’s reserve assets will be held in Israel in designated and separate accounts, ensuring a high level of security and compliance. With this approval, users can now look forward to earning passive income through the BILS stablecoin, which can be used for real-time payments, on-chain trading, and programmable financial applications.

The launch of BILS is a major development for the EcoPool community, as it provides an opportunity for users to earn $ECP by participating in the stablecoin’s ecosystem. As a leading platform for cloud rewards and green crypto, EcoPool is well-positioned to support the growth of the BILS stablecoin. With the global stablecoin market capitalization exceeding $320 billion, the potential for earning passive income through stablecoins like BILS is significant.

What Does This Mean for Everyday People?

The approval of the BILS stablecoin is not just a technical development, but also has real-world implications for people looking to earn extra income. With the ability to earn passive income through stablecoins like BILS, individuals can now explore new opportunities for financial growth. The BILS stablecoin creates a direct bridge between the Israeli shekel and the global digital assets economy, enabling real-time payments, on-chain trading, and programmable financial applications based on a regulated local currency. This can be a game-changer for people looking to tap into the potential of #PassiveIncome and #GreenCrypto.

Source: LinkedIn

A New Era for Stablecoins

The launch of BILS marks a new era for stablecoins, with a growing number of countries exploring the potential of these digital assets. As the global stablecoin market continues to grow, it is likely that we will see more innovation and development in this space. With EcoPool at the forefront of this movement, users can expect to see new opportunities for earning $ECP and participating in the cloud rewards ecosystem. Whether you’re interested in #Bitcoin or #ECP, the future of stablecoins looks bright.

To start earning passive income through EcoPool and the BILS stablecoin, download the EcoPool app today and discover the power of cloud rewards and green crypto. With EcoPool, you can easily earn $ECP and participate in the growing ecosystem of stablecoins and digital assets, all while supporting a more sustainable and environmentally-friendly approach to crypto.

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As of Monday, the global stablecoin market capitalization was more than $320 billion, dominated by US dollar-pegged stablecoins like Tether’s USDt (USDT).

The launch of BILS, as one of the first Israeli shekel-pegged coins, came as the fiat currency was at a 30-year high against the US dollar, at 1 ILS to 0.34 USD at the time of publication.

Stablecoin yield under scrutiny in US amid market structure debate

In the United States, lawmakers continue to debate provisions within a digital asset market structure bill over stablecoin yield, tokenized equities, and ethics concerns related to US President Donald Trump’s potential conflicts of interest with the industry. The legislation, effectively stalled in the US Senate since July 2025, requires a markup by the chamber’s banking committee before a potential vote.

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• Stablecoin
• Israel
• Banks
• Cryptocurrency Exchange