2024-10-26 21:15 |
As Americans gear up for the elections, the digital dollar comes back into focus. What roles will a CBDC and stablecoins play in shaping the future of the US economy? origin »
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Stablecoins pegged to the United States dollar have outpaced Bitcoin as a store of value in developing countries with runaway inflation.
2024-10-18 23:33 | |
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Brazil’s stablecoin market is experiencing explosive growth, significantly outpacing Bitcoin in transaction volume on local exchanges. This surge reflects an increasing preference for stablecoins in B2B cross-border payments, driven by the need for stable US dollar exposure amid local currency fluctuations.
2024-10-10 22:56 | |
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Stablecoins have seen explosive growth in the last four years, increasing from a $17. 6 billion market capitalization to $170. 6 billion. The number of holders has also skyrocketed from 3. 78 million to 119.
2024-9-18 00:29 | |
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2024-9-6 00:24 | |
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The Universal Digital Payments Network has announced the integration of the Australian Digital Dollar into its platform, expanding its support for regulated stablecoins. Launched in Davos as a bridge between centralized and decentralized digital currency systems, the Universal Digital Payments…
2024-9-4 10:13 | |
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Businesses and consumers in 17 emerging markets pay an average premium of 4. 7% over the standard dollar price to access stablecoins, with the figure rising to 30% in countries like Argentina. The data was gathered in a recent analysis conducted by the Centre for Economics and Business Research (CEBR) and BVNK.
2024-8-22 23:00 | |
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Ripple top executive has taken part in Ripple's 'Crypto In One Minute' video, talking about stablecoins
2024-8-11 18:51 | |
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Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance.
2024-7-31 20:25 | |
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This week’s Crypto Biz explores Hashdex filing for a combined spot Bitcoin and Ether ETF, Coinbase’s pre-launch market, Ripple’s challenges with regulators in the U.S., and more stablecoins delisting in Europe.
2024-6-23 00:00 | |
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A leading crypto exchange, Uphold, revealed that it will cease support for several stablecoins for its European customers from 1 July. The assets in question are Tether (USDT), TrueUSD (TUSD), Pax Dollar (USDP), Gemini Dollar (DUSD), Frax Protocol, and Dai (DAI).
2024-6-19 11:39 | |
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Ethenas' synthetic dollar, USDE, quickly reached a $3 billion supply in just four months, showing strong demand for stablecoins in DeFi. With a market valuation of $3. 02 billion as of June 2, USDE is now the fourth-largest stablecoin.
2024-6-3 20:16 | |
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BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, India, South Africa, UAE, Iran, Ethiopia, and Egypt, has debated using virtual assets for global settlement for a while.
2024-4-24 21:48 | |
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The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.
2024-4-19 14:08 | |
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The value of the stablecoin Pax Dollar (USDP), issued by the Paxos Trust Company, experienced a surge to a high of $1.28, triggering the liquidation of $529,000 in USDC for a market participant. Like regular stablecoins, USDP is designed to…
2024-4-17 12:48 | |
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U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other asset, like the U.S. dollar – will operate in the U.S.
2024-4-17 12:00 | |
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Angle also aims to establish a forex hub offering seamless conversion between its dollar and euro-pegged stablecoins.
2024-3-26 18:00 | |
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Some crypto projects are not as volatile as other projects on the blockchain, they are called stablecoins, Dai (DAI) is one of such coins. Dai (DAI) is linked to the US dollar by 1:1. Investors use stable coins like Dai (DAI) to escape the level of uncertainty that comes with regular coins.
2024-2-20 09:27 | |
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Crypto critics often warn of digital currencies' potential to destabilize the U. S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.
2024-2-16 23:20 | |
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Bitcoin and Stablecoins have had a strangely symbiotic relationship since the first stablecoin was created. This dynamic could wind up breathing new life into the failing dollar.
2023-11-28 22:30 | |
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Keyp halts Game Boy crypto wallet development, pivots to Open Dollar stablecoin project in response to market conditions. Game Wallet future uncertain. The post Keyp Pauses Game Boy Crypto Wallet Project, Shifts Focus on Stablecoins appeared first on NFT News Today.
2023-11-23 04:36 | |
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Chainalysis reports a decline in stablecoin trading volume in the US, with more than half of stablecoin activity moving to trading platforms and issuers abroad, despite stablecoins being tied to the US dollar.
2023-10-24 03:44 | |
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Lightning Labs unveils the mainnet alpha of Taproot Assets, a significant milestone to bring dollar stablecoins and other assets natively to Bitcoin.
2023-10-18 19:06 | |
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Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
2023-10-18 19:05 | |
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Binance.US users “may convert” their U.S. dollar holdings to stablecoins or other digital assets to withdraw the funds from their accounts, the firm said.
2023-10-17 17:08 | |
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Michael Barr, a high-ranking official at the US Federal Reserve, expressed concern over the growing use of “unregulated” stablecoins pegged to the dollar. Many popular stablecoins are designed to mirror the value of the USD.
2023-9-9 04:00 | |
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Kaiko an eminent trader and technical analysis expert, recently voiced apprehension on Twitter about a troubling development in the cryptocurrency sphere: the breaking of Tether’s (USDT) peg to the US dollar.
2023-9-2 21:00 | |
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BlockFi is requesting to convert the assets to Gemini Dollar (GUSD) or another stablecoin The motion has been backed by the court-recognized BlockFi creditors’ committee. BlockFi started the process of returning users’ funds on August 16 after the court allowed the corporation to open withdrawals.
2023-8-30 16:06 | |
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Singapore’s Monetary Authority (MAS) has rolled out a regulatory framework for single-currency stablecoins linked to the Singapore Dollar or other G10 fiat currencies. With this new setup, any token with a circulation value over S$5 million will earn the MAS-regulated…
2023-8-15 17:46 | |
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The Monetary Authority of Singapore (MAS) announced a regulatory framework for single-currency stablecoins (SCS) regulated in the Asian country, according to an Aug. 15 statement. The financial regulator stated that the regulations would apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar (S$) or any G10 currency whose circulation surpasses S$5 million.
2023-8-15 11:03 | |
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The Monetary Authority of Singapore (MAS) unveiled an innovative regulatory framework to boost the stability of the nation’s certified stablecoins on 15 August. The central bank revealed that the new regulations would apply to issuers of single-currency stablecoins tied to the Singapore Dollar or fiat of G10 nations, with circulation surpassing $5 million.
2023-8-15 11:02 | |
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Former Binance.US CEO and an ex-acting US Comptroller of the Currency Brian Brooks has commented on the ongoing discourse regarding stablecoin regulation in the US. In an interview with CNBC on Friday, August 11, Brooks, now a partner at Valor Capital Group, took a stance against stablecoins opposition in the US government, saying that a […]
2023-8-12 17:50 | |
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In an opinion piece in The Wall Street Journal, Brian Brooks and Charles Calomiris claim that U.S. stablecoin legislation is crucial to redollarizing the world.
2023-8-10 18:25 | |
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The U. S. Federal Reserve has issued new guidelines for state member banks regarding activities involving stablecoins or “dollar tokens. ” According to these guidelines, banks must secure a written non-objection from the regulator before engaging in any such activities.
2023-8-10 22:30 | |
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The world of stablecoins, digital currencies pegged to stable assets like the US dollar, has been in a state of flux. With the rise of decentralized finance (DeFi) and the increasing prominence of stablecoins, understanding the underlying mechanics and strategies of major players is crucial.
2023-8-7 14:05 | |
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Demand for greenbacks in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the U.S. dollar's overall dominance.
2023-8-3 16:44 | |
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The CEO of stablecoin issuer Circle, Jeremy Allaire, issued a stern warning, emphasizing the urgent need for Congress to regulate stablecoins in order to safeguard the US dollar’s status as a global reserve currency.
2023-7-14 14:25 | |
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One of Japan’s most prominent banks, Mitsubishi UFJ Financial Group (MUFG), has announced its intention to issue global stablecoins linked to various foreign currencies, notably the United States dollar.
2023-6-23 15:02 | |
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The German enterprise software firm SAP has launched a preview of its Digital Currency Hub (DCH) system, enabling cross-border payments using USDC and EUROC. Issued by payment technology firm Circle, the USDC and EUROC stablecoins are pegged 1-to-1 with the dollar and euro.
2023-6-23 11:51 | |
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Japan’s leading bank Mitsubishi UFJ Financial Group (MUFG), plans to issue global stablecoins tied to foreign currencies (including the United States dollar). The financial giant will mint the coins through its Progmat platform.
2023-6-23 10:43 | |
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Within Fed Chair Jerome Powell’s recent congressional appearance is regulatory signaling with large implications for stablecoins, the dollar, CBDCs and bitcoin.
2023-6-22 00:26 | |
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In a surprising development, TrueUSD (TUSD) has deviated from its US Dollar peg, creating ripples in the crypto market and raising questions about the stability of stablecoins. The post Stablecoin TrueUSD Struggles: Depeg Causes Turmoil in Crypto Market appeared first on BeInCrypto.
2023-6-10 09:24 | |
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Stablecoins are cryptocurrencies that afford users the low-fee transactions of cryptocurrencies while enjoying the stability that characterizes fiat currencies such as the US Dollar. However, the challenge has been maintaining price stability and decentralization.
2023-6-9 20:55 | |
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According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the combined market capitalization of the top five stablecoins – Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Dai (DAI), and TrueUSD (TUSD) – has been experiencing a consistent decrease.
2023-6-9 22:00 | |
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Earlier this year KuCoin closed a $10 million funding round into CNHC.
2023-6-1 14:50 | |
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The stablecoins with the largest market cap are pegged to the U.S. dollar, so what risk does de-dollarization pose to stablecoin users?
2023-5-20 13:41 | |
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The dollar is the global reserve currency, and has been ever since the Bretton-Woods conference in 1944. Oil, gold and other commodities are commonly priced in dollars. Central banks hold dollars.
2023-5-18 19:22 | |
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Coinspeaker Crypto Regulatory: New Stablecoins Draft Bill Introduced in US House of Representatives The United States Congress is set to discuss a new bill geared towards providing requirements for payment stablecoin issuers, and research on a digital dollar.
2023-4-17 10:18 | |
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The draft bill makes sweeping recommendations that address stablecoins, CBDCs, and the future of the digital dollar. The post Stablecoin Bill is an ‘Extraordinary Moment For the Future of Dollar,’ Says Circle CEO appeared first on BeInCrypto.
2023-4-17 15:00 | |
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London, United Kingdom, 16th March, 2023, Chainwire Sovryn, the leading Bitcoin-based decentralized finance (DeFi) platform, launches the Sovryn Dollar (DLLR). The Sovryn Dollar introduces a new standard of stablecoin, 100% backed by Bitcoin to provide unparalleled censorship-resistance, security, and reliability.
2023-3-16 18:04 | |
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Federal Judge John A. Mendez blocked a new California law that allowed any person to sue for damages over election deepfakes.
Depending on the November presidential election outcome, Fred Thiel said he would consider “looking outside the US” for Bitcoin mining firm MARA’s operations.