2023-9-22 12:02 |
Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report. origin »
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2021-3-22 15:36 | |
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The Bank of Thailand has warned against the use of THT stable coin via a circular. Stablecoins currently have a market cap of over $53 billion. Stable coins provide a means to hold digital assets without worrying about their inherent volatility.
2021-3-18 17:57 | |
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Cryptocurrency exchanges experienced a dramatic rise in stablecoin deposits in the previous 24 hours, instilling hopes that traders will use the dollar-pegged tokens to purchase Bitcoin. Data fetched by blockchain analytics platform, CryptoQuant, showed exchanges’ stablecoins reserves hitting a record high of 5.
2021-2-4 17:16 | |
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The Office of the Comptroller of the Currency (OCC) recently approved the use of stablecoins for banks to process financial transactions. However, issues arose from the new OCC guidelines on what this could mean for the entire crypto community and stablecoins, even in the future.
2021-1-7 21:00 | |
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The Treasury’s Office of the Comptroller of the Currency (OCC) has greenlighted federally chartered banks to run nodes and use stablecoins for payments and other acceptable functions. The agency published a letter on January 4, noting that national banks or federal savings associates may validate, store, and record payment transactions by working as a node on independent node verification networks (INVNs).
2021-1-5 14:42 | |
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The Office of the Comptroller of the Currency has announced that U.S. national banks can participate in node verification networks and use stablecoins to conduct payment activities
2021-1-6 14:01 | |
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The Office of the Comptroller of Currency has announced on January 4 that financial institutions like banks can now make use of stablecoins and blockchains to process payments, via a letter. The OCC informed banks that they could use these new methods as long as they comply with regulations and best banking practices in the US.Read More
2021-1-6 11:00 | |
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Rachida Tlaib, Michigan’s House Representative, alongside congressmen Jesus Garcia and Stephen Lynch, have introduced a new bill in Congress to ban the use of illegal stablecoins. A press release unveiled this news on December 2, noting that this bill seeks to improve protection for US citizens against the risks associated with the rapidly growing crypto market in the US.
2020-12-5 12:00 | |
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The European Central Bank (ECB) President says that volatile prices and lack of liquidity make BTC and other digital assets poorly suited for use as money. Lagarde is also keen to push on with the ECB’s digital euro.
2020-12-1 20:16 | |
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The UK Treasury Department is working on a draft to regulate privately-owned stablecoins. The department disclosed this news on November 9 through an official announcement, noting that it is also researching how it could use a Central Bank Digital Currency (CBDC) as an alternative to cash.
2020-11-10 15:23 | |
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In the last year, stablecoins have gone from representing just a tiny fraction of global cryptocurrency trading volume to more than half of it. This, because more users than ever before now use stablecoins to exit volatility, invest, and make payments.
2020-11-3 13:52 | |
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Binance has come out with a lot of new products recently, including an entirely new blockchain, called Binance Smart Chain. Now, the exchange is putting it to use by launching a new system for stablecoins, which it named Venus.
2020-9-30 13:00 | |
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Members of European Union have decided to make use of distributed ledger technology and adopt crypto-assets such as stablecoins, by 2024, in order to introduce new regulations to make cross-border payThe post By 2024, EU will put in place a comprehensive framework on DLT, crypto-assets appeared first on AMBCrypto.
2020-9-18 21:40 | |
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In a panel discussion with the Brooking Institution, Governor of the Bank of England, Andrew Bailey said that stablecoins, Bitcoin, and other cryptocurrencies are difficult and unsuitable for the publThe post Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use appeared first on AMBCrypto.
2020-9-3 19:43 | |
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Tezos has announced Harbinger — it's very own oracle to deliver signed price feeds based on market data from multiple crypto exchanges to its network. With Harbinger, Tezos is expecting the algorithmic stablecoins, lending platforms, and insurance products to kick off the new use cases.
2020-8-27 23:03 | |
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Although stablecoins are a relatively new invention in the cryptocurrency space, they have become quite popular among those who use cryptocurrencies for payments. The most preferred of them all is Tether’s USDT which a Messari researcher says may have the potential to replace Bitcoin as the dominant currency on public blockchains. Its number of daily […]
2020-7-22 13:00 | |
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Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example.
2020-7-5 20:11 | |
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Despite a variety of stablecoins to choose from, people's interests generally focus oddly on one project. No prizes for guessing the most popular stablecoin in the market. The use of stablecoins haThe post Tether ERC-20 variant is well distributed among holders appeared first on AMBCrypto.
2020-6-10 11:00 | |
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To some people, it would appear as if Ethereum’s smart contract and dApp industry is thriving. Others see the space being dominated by transparent Ponzi Schemes and a stablecoin, hinting at little innovation.
2020-6-9 20:00 | |
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Bill Zielke, BitPay’s Chief Marketing Officer, revealed on Thursday this week that the company was not planning to integrate the layer 2 Bitcoin channels. Bill explains that Bitcoin transactions dominate the customers’ preference hence no rush to switch despite the fees reaching highs of $7 after a 256% spike earlier in the month. The company […]
2020-5-30 22:47 | |
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The use of the Ethereum network to move value around has shot to record levels, thanks to the growth of stablecoins.
2020-4-16 12:00 | |
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Paying out the stimulus using stablecoins would be cleaner and cheaper than sending checks in the mail, says the CEO Of Binance.US.
2020-3-22 16:49 | |
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The cryptocurrency-focused financial company BlockFi said it now has a newly enabled feature that allows its customers to buy Bitcoin (BTC) with cash. Before, the Jersey City-based crypto lender, only allowed users only to transfer their digital assets [BTC, ETH, LTC, and stablecoins USDC, GUSD] onto the platform from wallets and exchanges. But after today's […]
2020-3-10 21:18 | |
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A number of changes on the XRP ledger could be looming, including one that could allow the creation of tokens backed by some assets. Ripple’s Chief Technology Officer, David Schwartz, recently revealed that they are working on “very exciting” features to improve the XRP ledger in terms of functionality, subsequently expanding XRP’s use cases. Stablecoins […]
2020-2-29 22:57 | |
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When the failures of fiat currencies are discussed, countries with deteriorating economies are often brought up. Venezuela, Zimbabwe, and Argentina, among others, have seen staggering levels of inflatThe post CBDCs, stablecoins may use fiat's shortcomings to become money of the future appeared first on AMBCrypto.
2020-2-24 22:30 | |
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2020 has kicked off with a lot of excitement and announcements around stablecoins. Will these top institutions and companies lead the front towards a stablecoin-ruled world.
2020-1-27 17:52 | |
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Coinspeaker The Main Property of Cash is Anonymity, How about Stablecoins?What will happen to the centralized stablecoins in terms of payment anonymity? At the moment only one thing is clear: the banks will likely force masses to use their stablecoins with anonymity or without it.
2019-12-24 11:49 | |
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Stablecoins have shaped the fabric of how cryptocurrency transactions happen. The idea behind a stablecoin might have arisen out of necessity, to have an easier way to access cryptocurrencies. HoweverThe post Even with Tether's variable peg over 2019, people chose to use it more than any other stablecoin appeared first on AMBCrypto.
2019-12-19 16:45 | |
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In a recent video, VP of Products at Blockstream, Allen Piscitello, spoke about stablecoins, the platforms they use, and how they compare to Blockstream’s own Liquid network. During the presentationThe post Blockstream planning Liquid update to reduce transaction fees appeared first on AMBCrypto.
2019-12-17 20:30 | |
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BitPay, a payment provider offering merchants the ability to accept cryptocurrencies, launched support for several stablecoins. Users will now be able to use USD Coin, Gemini Dollar and Paxos to pay for goods with all on-boarded merchants.
2019-12-11 23:35 | |
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The cryptocurrency industry has faced a lot of hurdles and resistance from regulators and individuals alike. While the resistance seems to be preventing the adoption and much-desired use of cryptocurrency for payment, data suggests otherwise.
2019-8-5 10:55 | |
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Stablecoin issuers including Coinbase, Paxos and Terra are planning to change directions as a result of consumer interest in using stablecoins as a mean of payment rather than simply for trading reports The Block.
2019-8-4 22:15 | |
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VirgoCX is a secure, reliable, and liquid cryptocurrency exchange platform that deals in buying, selling, and trading digital assets such as Bitcoin, Ethereum, stablecoins, and more. The Toronto-based fiat-to-crypto exchange offers the best-in-class trading experience to a global network of both retail and institutional investors.
2019-7-26 01:04 | |
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The research arm of Binance, the world’s largest crypto exchange by trading volume, has published a report that analyzes the results of a survey completed by institutional digital asset investors.
2019-7-21 00:33 | |
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Coinspeaker Exclusive: IBM Blockchain’s Todd Scott on Maersk, World Wire and Food TrustTodd Scott, vice president of IBM Blockchain Global Trade spoke about blockchain projects IBM is engaged in as well as IBM's cooperation with Stellar.
2019-7-10 18:59 | |
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By CCN: Binance CEO Changpeng Zhao let the cat out of the bag on Twitter late last night: Binance is launching its own stablecoin. Binance’s Last Mile: Its Own Liquidity Market? A user hoped to see a true stablecoin, pointing out that all of the existing options were down at least 2%.
2019-6-4 18:19 | |
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By CCN: According to Reuters sources, about 12 banks are investing in a blockchain ledger complete with digital cash. While it’s unclear which banks are currently participating in the $50 million project, a spokesman for Barclays told the news organization that “the Research & Development phase is coming to an end.
2019-5-17 05:58 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, is urging cryptocurrency users to use more trustworthy stablecoins such as… The post Coinbase CEO Suggests Using USDC Stablecoin Instead of Tether appeared first on Invest In Blockchain.
2019-5-3 17:44 | |
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Stablecoins continue to capture the interest of investors, showing that there are more and more use cases for this type of tokens. As reported by Ethereum World News, TrustToken, the creator of TrueUSD announced the.
2019-4-26 00:24 | |
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New Stablecoin Launched By TrustToken, Pegged To AUD In a market that is filled with volatility, many institutional investors are becoming more comfortable with cryptocurrency through the use of stablecoins.
2019-4-25 23:44 | |
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Earlier this week, Ripple CTO David Schwartz hosted a Q&A session on Quora, answering a variety of questions that… The post Ripple CTO: “The Use Of Stablecoins [for banks] Doesn’t Make Sense To Me” – Criticizes Stellar And IBM appeared first on Invest In Blockchain.
2019-4-4 09:20 | |
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Криптовалютный стартап TrustToken выпустил свой второй стейблкоин — на этот раз обеспеченный фунтом стерлингов. Our team set the new standard for stablecoins with #TrueUSD. Now we’re excited to launch #TrueGBP, a big step forward for driving the next wave of use cases for the #cryptocurrency industry.
2019-4-2 19:30 | |
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The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
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IBM claims that six banks will issue stablecoins using its World Wire protocol which is based on the Stellar network. According to the tech giant, three banks have publicly committed to the initiative, and the remainder will reveal themselves soon.
2019-3-20 21:50 | |
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Jeremy Allaire, co-founder & CEO of payments company Circle, has said that as the sector continues to see new market entrants, stablecoins using open standards will prevail
2019-3-19 10:49 | |
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Computing giant IBM, which has carried out several initiatives in blockchain technology, is collaborating with 6 banks to allow… The post IBM Working With 6 Banks to Let Them Issue Stablecoins and Use Stellar’s XLM Network appeared first on Invest In Blockchain.
2019-3-19 08:14 | |
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Six Banks Plan To Use Stablecoins Under New IBM Payment Network, Based On Stellar Blockchain Major tech giant IBM has been working to expand their dive into blockchain, which appears to now be including a little dip into cryptocurrency.
2019-3-19 23:03 | |
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Six banks have signed up to issue stablecoins through World Wire, an IBM network built on the Stellar blockchain.
2019-3-18 19:00 | |
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The ZkDay Istanbul event offered exposure and networking opportunities to new and upcoming ZK-based projects and entrepreneurs.
Cardano Foundation CEO Frederik Gregaard told Cointelegraph that the pieces of research that the network has “spent years of doing and implementing” are already being used by some of the fast-moving blockchain platforms.
The crypto community has asked Elon Musk to remove the X account under the name of Satoshi Nakamoto, claiming it is in breach of the platform’s terms of use.
Sitharaman said crypto was a “threat as well as an opportunity” while confirming that G20 members are working toward establishing a global crypto framework.
Users who shared links to a waitlist for the Arkham service had their email addresses exposed on Twitter due to how the references were encoded.
The G20 also aims to bring together global economies to fight debt distress and hyperinflation in smaller economies like Sri Lanka and Ghana.