2021-4-19 16:15 |
Central banks are paying very close attention to stablecoins, seeking to control them — and decentralization may be the solution.
Similar to Notcoin - Blum - Airdrops In 2024
2021-4-19 16:15 |
Central banks are paying very close attention to stablecoins, seeking to control them — and decentralization may be the solution.
Similar to Notcoin - Blum - Airdrops In 2024
PyUSD is now the tenth-largest stablecoin by market cap and registered a 21% growth in April. The post Stablecoins see $846 billion in on-chain trades in May appeared first on Crypto Briefing.
2024-6-3 23:12 | |
The events of 2022 reportedly raise "serious doubts about the potential of stablecoins to serve as money." Many stablecoins now in use may not adhere to the tight requirements imposed for issueThe post Why stablecoins may not replace fiat currency, as per BIS Chief appeared first on AMBCrypto.
2023-2-22 19:00 | |
The central bank official said stablecoins issued by private companies may require "stronger regulatory rules" than Bitcoin.
2021-4-19 20:41 | |
Over the past few months, many former critics have started to acknowledge and even embrace Bitcoin as an alternative asset class. However, while that may be the case, Mastercard CEO Ajay Banga definitThe post CBDCs, Bitcoin, or stablecoins? Here's Mastercard CEO's take on each appeared first on AMBCrypto.
2021-3-28 10:30 | |
Though the Tether settlement may help bring in more transparency, experts believe that state-centric bans may not be the way out.
2021-3-1 16:07 | |
Stablecoins like Tether (USDT), directly pegged to the US dollar, require minimal price fluctuations. Since Tether claims that each US dollar physically backs each USDT, this increase in Tether production may show an increase in demand for stablecoins as a whole.
2021-2-11 23:21 | |
Buying in these stablecoins may foretell where the crypto market is going.
2021-2-3 22:39 | |
After the market frenzy observed a couple of days back, the Bitcoin market has been preparing for another rally. This bullish sentiment was rising in the market, as the stablecoins in the exchanges hiThe post For Bitcoin, the market's stablecoins may hold the key for another bull run appeared first on AMBCrypto.
2021-1-31 19:00 | |
The payments giant is bullish on stablecoins, but may be overlooking the potential of DeFi
2021-1-31 22:06 | |
Retail users may have to wait in much of the world, however.
2021-1-23 22:23 | |
Persistent price volatility in Bitcoin (BTC) price action and other similar cryptocurrencies indicates a potential need for stablecoins and other less volatile digital currencies. Fundamental analysis: Altcoins may prosper Bitcoin has been on a frenzy over the past year, however, its high volatility and the need for less volatile cryptocurrencies are being mentioned again among […] The post Chiliz (CHZ), Curve DAO (CRV), TomoChain (TOMO) price analysis appeared first on Invezz.
2021-1-15 19:24 | |
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 | |
2020 may have been filled with challenges, but Bitcoin, stablecoins and DeFi protocols are the clear top performing crypto assets for the year.
2021-1-1 23:27 | |
Oon CNBC’s ‘Squawk Box’ on Monday, Allaire spoke about the regulatory attitudes toward stablecoins and how the incoming administration may treat crypto.
2020-12-8 22:17 | |
After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies.
2020-11-25 13:08 | |
With the support and licensing from the US Government, Circle is providing foreign aid through the USDC stablecoin to the people of Venezuela. Circle said, “While this may be the first time, it will no doubt not be the last as global stablecoins firmly arrive on the world stage as a foundational infrastructure in the […] The post USDC’s ‘Breakthrough’ Use-Case, US Govt.
2020-11-22 19:06 | |
MakerDAO's ingestion of centralized stablecoins may help maintain a $ peg. But it could also invite more regulatory scrutiny.
2020-10-12 17:47 | |
Today, Bitcoin is on the move, aiming for $11,000, currently trading around $10,915. Adding to this bullishness is all the dry powder. $20 billion worth of fiat is sitting on the sidelines in stablecoins, which has doubled since May.
2020-9-29 18:26 | |
If Bitcoin reacts to the recent substantial printing of more Tether stablecoins the same as it has in the past, we may finally have a catalyst for the crypto asset retesting its former all-time high.
2020-9-15 23:00 | |
New and upgraded stablecoins have entered the burgeoning dollar-pegged token market this week which may ease the burden on current networks and sky-high gas fees. Tether is still the king of the stablecoins, but with two-thirds of its supply based upon Ethereum, there is definitely room for others.
2020-8-29 14:20 | |
yEarn.finance's governance token has "flippened" BTC, for the first time ever, while stablecoins may become unbalanced if traders ditch a “market-neutral strategy.”
2020-8-20 19:26 | |
Institutional demand for stablecoins may cool because yield on “carry trades” has been cut in half since Monday.
2020-8-20 22:40 | |
The flow of bitcoin and stablecoins in and out of cryptocurrency exchanges observed on Monday suggests the latest price breakout may persist.
2020-7-29 21:13 | |
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 | |
Stablecoins have played a very crucial part in the cryptocurrency ecosystem over the past few years, with the altcoins acting as significant drivers in terms of crypto-adoption. In fact, Tether, the mThe post Tether's demand may be at the behest of arbitrage opportunities appeared first on AMBCrypto.
2020-7-10 17:00 | |
Crypto has turned from an inevitable future to our happening present, and stablecoins may become the industry’s cornerstone.
2020-6-15 13:00 | |
Cryptocurrency derivatives volumes recorded their best month yet in May, a new report has revealed. According to the report, derivatives noted a 32% spike last month to hit $602 billion. For USDC, however, May was its worst month yet, recording a 78% drop in volume traded in Bitcoin.
2020-6-6 23:30 | |
You may think that the number of stablecoins on the market would indicate that there is fierce competition for dominance. Sadly, that is not the case, but ether’s USDT is still firing on all cylinders across the board.
2020-5-27 00:00 | |
MakerDao, Ethereum's largest DeFi, has facilitated the minting of over 4 million Dai stablecoins based on its newly added synthetic Bitcoin, wBTC. This transaction was initiated by Nexo, a crypto lending platform, on May 20.
2020-5-22 22:36 | |
Stablecoins have become very popular lately. Their combined supply reached an all-time high of around $10.4 billion on 12 May, with the day being the first time that the total market cap of all stableThe post Libra: Will Asia end up being the largest user of private stablecoins? appeared first on AMBCrypto.
2020-5-15 11:00 | |
The larger cryptocurrency market may have had a turbulent time in the market, but stablecoins have been focusing only on growth in 2020. The aggregate stablecoin market cap grew over $10 billion by MaThe post Tether emerges as popular choice among Asian, European traders; USDC follows appeared first on AMBCrypto.
2020-5-13 11:00 | |
Stablecoin demand and issuance sees such a dramatic surge in 2020, that the Bitcoin market cap may not stay the largest for much longer
2020-5-1 19:02 | |
The increase in stablecoins has been unprecedented in the past two months. This has led to some theories about what’s behind it. As you may have noticed, the amount of stablecoins being issued daily is at a remarkable rate.
2020-4-23 12:15 | |
The digital asset industry has entered Q2 of 2020 and at the time of writing, the valuation and importance attached to stablecoins have never been higher. As reported previously, popular stablecoinThe post Bitcoin - Stablecoins 'strategy' of investors may blow up in their face appeared first on AMBCrypto.
2020-4-3 00:30 | |
The report was published on March 23 and shed more light on the legal uncertainty around stablecoins. IOSCO highlighted an example that sounds pretty similar to Facebook’s Libra. According to the summary, if an entity runs its own stablecoin on a private blockchain with a unique form of governance, then the asset falls under securities […]
2020-3-26 17:30 | |
Global stablecoins may be subject to securities laws, says IOSCO, in a new report that could complicate such projects’ embrace of decentralization.
2020-3-25 16:50 | |
The demand for stablecoins has been on an uptrend in the past week surging Tether’s market cap to over $5.7 billion. As it stands, more than $480 million have been minted within the past weeks. These figures may continue rising especially with the move to leverage BCH’s Simple Ledger Protocol (SLP). The SLP is basically […]
2020-3-20 18:05 | |
Behind the rollercoaster-like price fluctuations of cryptocurrencies, there exists another class of coins that promises to offer price stability. Stablecoins attempt to bring in the best of both fiat,The post Tether's dominance may be getting undercut by crypto-collateralized stablecoins appeared first on AMBCrypto.
2020-3-3 15:30 | |
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 | |
Yet another Bitcoin drop saw stablecoins come under the microscope. On 19 February, Bitcoin returned to its five-figure mark, this time with the backing of the golden cross. Futures volumes were upThe post Bitcoin's drop below $10k may have had something to do with stablecoins appeared first on AMBCrypto.
2020-2-21 19:30 | |
The role of digital currencies has been at the center of a lot of discussion at the World Economic Forum (WEF) in Davos this year. As a measure to address the fragmented regulatory system that surrounThe post CBDCs, stablecoins may see streamlined governance as WEF announces Global Consortium appeared first on AMBCrypto.
2020-1-25 11:16 | |
BitPay, a leading bitcoin (BTC) and altcoins payments processor established in May 2011, has added support for top stablecoins including Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX).
2019-12-11 16:00 | |
From viewing global stablecoins as a threat to considering the launch of a central bank digital currency, the European Central Bank [ECB] has come a long way. In a recent document titled, "Innovation The post ECB may launch CBDC if it fails to develop efficient payment solution appeared first on AMBCrypto.
2019-12-5 07:42 | |
Stablecoins may became a security, if lawmakers’ efforts are successful. Garcia and Gooden presented their bill to the House Financial Services Committee at the end of November, and spoke at a committee hearing on the topic of big data in the financial industry.
2019-12-2 02:14 | |
Stablecoins are cryptocurrency assets with their value tied to a specific asset, like gold or the US dollar. They serve many purposes in the industry, but an opinion piece in the World Economic Forum states that they may be able to curb the potential threat of global foreign currency reserves domination of the US dollar. […]
2019-11-29 23:13 | |
If one were to look at the unrelated rise and fall of Bitcoin vis-a-vis internal factors within the digital assets space, the relevance of stablecoins increases. Seen as a balancing tool for the volatThe post Bitcoin drop below $8,500 may be tied down to USDCoin appeared first on AMBCrypto.
2019-11-17 21:32 | |
2019 has been important for digital assets from both a technical and financial standpoint. The discussions with regard to stablecoins in the global economic landscape have been instrumental in generatThe post Stablecoins may help reduce global remittances cost: WB's Garcia Mora appeared first on AMBCrypto.
2019-11-12 01:30 | |
Sylvia Garcia, a Democrat lawmaker from Texas, has recently introduced to Congress a bill that may cause several issues for the crypto market. According to this new bill, cryptocurrencies pegged to fiat currencies, commonly known as stablecoins, would be considered securities.
2019-10-23 00:12 | |
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.
2019-10-21 12:30 | |