Curve Founder Claims an Overcollateralized Stablecoin in the Works

Curve founder Michael Egorov has confirmed that the automated market maker will launch an overcollateralized stablecoin. The post Curve Founder Claims an Overcollateralized Stablecoin in the Works appeared first on BeInCrypto. дальше »

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Coinfirm adds support for blackfridge’s Poundtoken (GBPT) to its AML platform

blackfridge, a blockchain financial company & issuer of Poundtoken (GBPT), announced it has integrated the stablecoin on crypto RegTech provider Coinfirm’s AML platform. Integrating Poundtoken to the blockchain-agnostic AML platform aims to ensure that financial institutions and VASPs are able to be in full compliance with the FATF’s guidelines, 6AMLD, and other supranational and national […] The post Coinfirm adds support for blackfridge’s Poundtoken (GBPT) to its AML platform appeared first on CryptoNinjas. дальше »

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Coinfirm adds support for Blackfridge’s Poundtoken (GBPT) to its AML platform

Blackfridge, a blockchain financial company & issuer of Poundtoken (GBPT), announced it has integrated the stablecoin on crypto RegTech provider Coinfirm’s AML platform. Integrating Poundtoken to the blockchain-agnostic AML platform aims to ensure that financial institutions and VASPs are able to be in full compliance with the FATF’s guidelines, 6AMLD, and other supranational and national […] The post Coinfirm adds support for Blackfridge’s Poundtoken (GBPT) to its AML platform appeared first on CryptoNinjas. дальше »

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US lawmakers propose bank-like regulation for stablecoin issuers

Two US lawmakers, Maxine Waters and Patrick McHenry are collaborating on a bill that would impose strict bank-like regulations for stablecoins, The Wall Street Journal reported July 20. The post US lawmakers propose bank-like regulation for stablecoin issuers appeared first on CryptoSlate. дальше »

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Curve to Launch Over-Collateralized Stablecoin: Founder

Curve is planning its own over-collateralized stablecoin, Curve CEO Michael Egorov revealed today. The stablecoin is likely to have a similar structure to MakerDAOs DAI. Stablecoins Galore Curve is looking... дальше »

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Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says

Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets in the latest plan for U.S. legislation still being negotiated by leaders of the House Financial Services Committee, according to a source familiar with the talks. дальше »

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South African-based Xago launches XEU stablecoin for EUR, joining XUS, XGB, USDC, XZR and XRP

Xago, a South Africa-based blockchain payment platform, announced today support for EUR with the launch of its latest stablecoin – XEU – backed 100% with fiat. XEU enables purchases, transfers, and payouts in euros, securely, compliantly, and within minutes. дальше »

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Circle's Cautious USDC Approach Has Paid Off, Despite Missteps

For years, Circle seemed like an unfocused mess. But making the USDC stablecoin more transparent and regulated than the competition is paying off in a massive way. дальше »

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Decentralized Stablecoin Protocol Bluejay Finance Secures $2.9 Million in Funding

Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and others have invested $2. 9M in Bluejay Finance, a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies. дальше »

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Multi-currency stablecoin protocol Bluejay Finance raises $2.9M in funding

Bluejay, a multi-currency stablecoin protocol for issuing stablecoins pegged to real-world currencies, has concluded a $2. 9 million funding round. Several venture capitals and DeFi projects took part in the funding round. дальше »

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Demand for widely used euro stablecoin is huge, says DeFi expert

The U.S. company Circle is launching a regulated stablecoin that is pegged to the euro, but what does this mean for the eurozone? дальше »

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Crypto Market Hits 1 Trillion in Cap Again with Stablecoin Share Falling; Up Trend?

Blockware analyst shares quite compelling alpha graph of current state of crypto market дальше »

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Circle CSO lays out policy principles for stablecoins in US

Dante Disparte hinted the U.S. could take a leading role in stablecoin regulation in an effort to “avoid trans-Atlantic or global misalignment." дальше »

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Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs

Users of the platform will be able to withdraw up to $3,333 in nuARS, a stablecoin tied to the Argentine peso, using MakerDAO’s DAI as collateral. дальше »

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WebMoney adds support for Tether (USDT) wallet units

WebMoney, an e-currency payment system, announced today it has added a new type of title unit – WMT – with accounting in stablecoin Tether (USDT). 1 WMT corresponds to 1 USDT.  USDT tokens are supported on Ethereum and Binance Smart Chain; while Tron and other chains will be added later. дальше »

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‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin

Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022. дальше »

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Crypto and DeFi could be key to the ‘future financial system’, HKMA CEO says

Regulatory spotlight on the crypto sector has increased over the past few months following the unfortunate events around the collapse of the Terra stablecoin and dramatic fall of some major centralised finance (CeFi) companies. дальше »

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Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says

Congress may rebuff U.S. regulators who wanted stablecoins to be the exclusive territory of banks, according to a lawmaker familiar with a legislative effort now in motion. Democrats on the House Financial Services Committee have been working on requirements that may not be as restrictive as the Treasury Department and financial regulators had asked. дальше »

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G20 Nations Affirm Need for Cross-Border Coordination and Stablecoin Regulation

Finance ministers and central bank governors from G20 nations spoke about the need for cooperation and stablecoin regulation at a recent meeting. The post G20 Nations Affirm Need for Cross-Border Coordination and Stablecoin Regulation appeared first on BeInCrypto. дальше »

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Circle Unveils USDC Liquidity And Availability In Reserves

The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, LUNA. Other top stablecoin projects like Tether’s USDT and Circle’s (USDC) have received more pressure from different angles. дальше »

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DeFi token AAVE faces major correction after soaring 100% in a month

More than 50% of AAVE's recent gains appeared after Aave Companies proposed to launch a native stablecoin.

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Principles for Financial Market Infrastructures should be applied to stablecoins: BIS

The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) of the Bank for International Settlements (BIS) published guidance on stablecoin regulation this past July 13. дальше »

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Stablecoin rules among topics discussed during Janet Yellen’s meeting with Japanese officials

United States Treasury Secretary Janet Yellen met with Bank of Japan Governor Haruhiko Kuroda to discuss several multilateral financial regulatory issues, including stablecoins, Reuters reported. The post Stablecoin rules among topics discussed during Janet Yellen’s meeting with Japanese officials appeared first on CryptoSlate. дальше »

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Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin

The asset breakdown comes at a time when crypto firms and their finances are under increased scrutiny in the on-going crypto credit crisis. дальше »

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BIS committee and IOSCO issue guidance for regulation of stablecoin arrangements

The international organizations affirm the "same risk, same regulation" principle by extending decade-old rules to the rapidly expanding new financial technology. дальше »

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OKX introduces Tether on OKX Chain

Leading crypto exchange OKX has added Tether’s USDT stablecoin, Tether Gold, and the EURT…

The post OKX introduces Tether on OKX Chain appeared first on CoinJournal.

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International Standard Setters Publish Guidance on Stablecoin Regulations

The guidelines from the international organization of securities regulators and BIS’ global payments group set out arrangements for systemically important stablecoins. дальше »

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Techemynt - the New Zealand Dollar Stablecoin

The NZDS is a New Zealand Dollar stablecoin backed 1:1 with physical New Zealand Dollars in cash and cash equivalents. NZDS was launched in March 2021 by Techemynt, a registered New Zealand Financial Services provider, using the FiatToken framework developed by Centre that is the basis for USD-Coin (USDC). дальше »

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Dogecoin's Market Ranking Now Being Challenged by Stablecoin DAI

DAI ranks 11th behind Dogecoin with market valuation of $6.92 billion дальше »

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DeFi protocol TrueFi launches first non-stablecoin portfolio, with loans managed by WOO X

TrustToken, the stablecoin platform and creator of unsecured lending protocol TrueFi, today announced a new collaboration with WOO X, a zero-fee digital asset trading platform incubated by Kronos Research, a crypto asset quant company, and market maker. дальше »

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Digivault becomes first custody partner of GBP-backed stablecoin Poundtoken

Digivault, an FCA-registered custody provider that’s part of Nasdaq-listed EQONEX Group, has announced a partnership with Poundtoken. io, a stablecoin issued by Isle of Man-based startup Blackfridge. дальше »

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Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin

The company, which has 30 million active users, will offer bitcoin, ether and USDP trading. дальше »

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First Regulated British Pound Stablecoin Launched

Poundtoken, the first fully regulated, fully-collateralized stablecoin pegged to the Great British pound, is now being offered by a company located in the Isle of Man. GBPT Available on UniSwap... дальше »

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FSB to submit crypto and stablecoin regulation recommendations in October

The Financial Stability Board (FSB), an international body that monitors and proposes rules for the global financial system, will release recommendations to regulate stablecoins and cryptocurrencies in October, according to a statement on July 11. дальше »

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Effective Stablecoin Regulation is Key to Financial Stability, ECB says

The European Central Bank (ECB) has called for urgent action in the move to establish effective regulation in the stablecoin market, noting that a lack of such measures could portend risks to financial stability. дальше »

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KPMG to audit new pound-backed stablecoin GBPT

In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements. дальше »

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Shiba Inu Primed For Strong Recovery As Ecosystem Mulls Introducing Stablecoin Before Year-End

Shiba Inu may be gearing up for an earth-shattering comeback following a plan to launch a stablecoin for the ecosystem later this year. дальше »

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Terra crash highlights stablecoin risk to financial stability: ECB

A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy. дальше »

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After Terra’s fall to Earth, get ready for the stablecoin era

Did May’s algorithmic stablecoin crashes kill the concept, or is there still a role for fiat-pegged cryptocurrencies?

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Paxos Trust Reveals USDP and BUSD Reserves in Challenge to Other Stablecoin Issuers

Paxos Trust became the first stablecoin issuer to reveal the composition of its reserves for Binance USD (BUSD) and the Pax Dollar (USDP). The post Paxos Trust Reveals USDP and BUSD Reserves in Challenge to Other Stablecoin Issuers appeared first on BeInCrypto. дальше »

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Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin

Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen. дальше »

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Tether says it liquidated Celsius loan at no loss

Tether, the issuer of the world’s largest stablecoin USDT, has reportedly liquidated the loan advanced to struggling crypto lender Celsius. According to the firm, its liquidation of the overcollateralized loan did not result in any losses on its part, and that the loan was indeed a very small portion of its shareholder equity. дальше »

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Shiba Inu to launch a new stablecoin. Is it a buy?

Shiba Inu plans to launch new stablecoin SHIB tokens posted a 6% jump in…

The post Shiba Inu to launch a new stablecoin. Is it a buy? appeared first on CoinJournal.

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Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer

The stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves.

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Can Aave Protocol's latest "stablecoin" bring some stability in the performance of AAVE?

One of the leading liquidity protocols, Aave Protocol [AAVE], proposed the creation of its stablecoin "GHO". This proposal by the Aave Protocol comes amidst an increased uncertainty related to the staThe post Can Aave Protocol's latest "stablecoin" bring some stability in the performance of AAVE? appeared first on AMBCrypto. дальше »

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Aave Proposes Decentralized, Yield-Generating Stablecoin GHO

The US dollar-pegged algorithmic stablecoin will be minted by users and generate interest yields. дальше »

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Aave предложила запустить децентрализованный стейблкоин GHO

Разработчики Aave предложили сообществу запустить нативный для экосистемы DeFi-протокола мультизалоговый стейблкоин GHO, привязанный к американскому доллару. 1/ Calling all GHOsts 👻 We have created an ARC for a new decentralized, collateral-backed stablecoin, native to the Aave ecosystem, known as GHO. дальше »

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Aave to launch GHO stablecoin, is it now the right time to buy AAVE?

Aave AAVE/USD is a decentralized finance (DeFi) protocol that lets people lend as well as borrow cryptocurrencies. Within this system, lenders can earn interest through the process of depositing digital assets into specifically created liquidity pools, and borrowers can use the crypto as collateral in order to take out flash loans. дальше »

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DeFi Lender Aave Plans to Launch Stablecoin, Says CEO

Aave has revealed plans to launch a U.S. dollar-pegged stablecoin called GHO, part of an effort to expand revenue and make borrowing on the DeFi protocol "more competitive". The post DeFi Lender Aave Plans to Launch Stablecoin, Says CEO appeared first on BeInCrypto. дальше »

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Aave to launch overcollateralized stablecoin called GHO

GHO would allow users to borrow the stablecoin while still learning yield on their locked assets on Aave, however the proposal is just seeking feedback at this stage. дальше »

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