The Fed cites worries about stablecoin in its latest Financial Stability Report

The Fed cites worries about stablecoin in its latest Financial Stability Report
фото показано с : cointelegraph.com

2022-5-11 21:30

The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC. origin »

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USDx stablecoin (USDX) на Currencies.ru

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Капитализация $0 Rank 99999
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report stablecoin overuse cbdc resistance leveraged position

report stablecoin → Результатов: 126


Fear of Libra’s Stablecoin Replacing Domestic Currencies Is Greatly “Overstated:” Fed Reserve

Federal Reserve economists disclose that project Libra’s ability to disrupt economies may have significantly been “overestimated” and overstated by policymakers. The report released on Monday shut down the extremist's statements that the earlier version of one Libra stablecoin could replace the global economic systems as we know them today. The report arose from a prototype […]

2020-6-23 21:36


IOSCO Report: Stablecoins May Fall Under Securities Regulations In Certain Circumstances

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


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Tether (USDT) Usage Booms Among Businesses in Asia, Europe

According to a Bloomberg report published on January 22, 2020, premier stablecoin Tether (USDT) is witnessing a strong surge in demand by small merchants primarily based out of Asia and Europe. Tether Experiences Surprising Adoption Cryptocurrencies like Bitcoin (BTC) have existed for more than a decade now but their real-world adoption is still minuscule comparedRead MoreRead More.

2020-1-23 18:00


Facebook’s Libra Stablecoin Put Central Banks On Notice, Causing Bankers To Look Into CBDC’s

A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […]

2020-1-23 21:22


Japan Analyses Libra’s Economic Influence And How It Can Affects Financial Stability as G7 Approaches

Japan analyses Libra influence on the economy and the impact it can have on the economy The virtual currency was announced by Facebook on June 18 Japan is analyzing the effects that the recently announced Libra stablecoin would have on the financial markets and the economy. This is according to a recent report released by […]

2019-7-14 19:28


DAI stablecoin recorded growth rate of approximately 20% per month in 2019, claims Maker Dao report

Since the start of 2019, stablecoins have found a new level of importance following the involvement of major financial and non-financial institutions such as JP Morgan Chase and Facebook. Justin Sun, CEO of TRON Foundation, had also spoken highly about the significance of stablecoins on various occasions and despite the Tether-Bitfinex fiasco, the popularity of […] The post DAI stablecoin recorded growth rate of approximately 20% per month in 2019, claims Maker Dao report appeared first on AMBCrypto.

2019-6-10 15:30


Diar Report Shows How China’s Stablecoin Trading Behavior Affects the Bitcoin and Crypto Markets

In a recent report released by Diar, the company explains that on-chain data shows that Tether (USDT) volumes are reaching a new all-time high for the second quarter of this year. One of the most shocking things is the fact that trading volumes in China are much larger than trading volumes in Western countries. Tether […]

2019-6-5 02:22


Facebook’s Secret Cryptocurrency Led by PayPal Alumni Just ‘Months Away’ from India Launch

By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players.

2019-5-9 12:49


Tether’s [USDT] ‘arbitrage opportunities’ increased by 5% on Kraken following Bitfinex fiasco

As Tether/Bitfinex controversy continues to brew, the oldest stablecoin, a new twist to the tale brings the US-based cryptocurrency exchange, Kraken into the pot.  According to the recent Diar report, Tether reserves dropped by 26%, following which, the stablecoin’s “arbitrage opportunities” increased by 5% on one of the leading exchange, Kraken.

2019-5-8 21:30


Фото:

Filings Reveal that Only 74 Percent of USDT Is Backed by Short-Term Liquid Funds

According to a Bloomberg report published April 30, 2019, only 74 percent of Tether’s USDT stablecoin is backed by fiat and other short-term liquid assets. The Trouble Runs Deep In an affidavit filed with the Supreme Court of State of New York on April 30, 2019, Tether’s general counsel Stuart Hoegner stated that the companyRead MoreRead More.

2019-5-2 11:48