2020-9-1 23:28 |
Stablecoins, which have been on a pandemic tear, have the potential to soak up deposits currently held by banks, where they offer little or no interest.
Similar to Notcoin - Blum - Airdrops In 2024
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Today's stablecoin market mirrors the “wildcat banking” era of the mid-1800s, when banks printed their own dollars. Like then, federal intervention is likely.
2020-6-17 21:42 | |
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Stablecoins can mediate between central bank digital currencies and the consumer payments universe, says Sila's Alex Lipton.
2020-5-31 16:00 | |
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This week, Central banks got recommendations to heavily regulate, if not ban, stablecoins. The recommendations were outlined by the Financial Stability Board (FSB). This organization makes recommendations about financial systems to central banks and finance ministers of G20 member countries.
2020-4-19 21:51 | |
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In brief: Stablecoin market capitalization has reached a whopping $8 Billion. This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC). With central banks minting fiat, stablecoins are backed by currencies prone to inflation.
2020-4-18 10:27 | |
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Central banks are concerned about the widespread adoption of stablecoins threatening the global financial system. As they make recommendations to heavily regulate or even ban them, the Crypto market now faces its biggest threat yet.
2020-4-16 16:21 | |
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Several reports have been released in recent months suggesting that financial institutions are moving towards a cashless society — one built on top of decentralized technologies and central bank digital currencies.
2020-3-4 08:10 | |
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Facebook's Libra sparked a heated conversation on stablecoins and central bank digital currency [CBDC] issuance across the globe and as a result, several central banks have jumped into the conversatioThe post Bank of England exec highlights need to consider digital currencies as options appeared first on AMBCrypto.
2020-2-25 18:25 | |
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The rise of bitcoin and its increasing popularity along with its ability to dominate the cryptocurrency world has led to a barrage of altcoins. Among these King Coin aspirants, recent debates have revThe post For stablecoins like Tether, banks remain their greatest weakness appeared first on AMBCrypto.
2020-2-2 23:59 | |
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The past two years have opened the eyes of the world to crypto currencies. Showing particular interest has been central banks with a number of them developing their own stablecoins and more will be arriving this year.
2020-1-4 16:30 | |
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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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Facebook wasn’t prepared for the backlash associated with Libra. But should central banks have a role in helping the stablecoin launch — and if so, what? #Sponsored
2019-10-22 15:13 | |
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Cryptocurrency adoption has seen a significant boost in 2019, where major financial institutions like Wells Fargo, JP Morgan, and ING have either tested their stablecoin or are pondering over launching one.
2019-10-6 00:16 | |
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In a letter addressed to Eva Kaili, a member of the European parliament and a well-known cryptocurrency advocate, the current president of the European Central Bank, Mario Draghi, lays down his views on cryptocurrencies and their future in the banking sector.
2019-9-28 19:53 | |
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ING’s Chief Economist, Mark Cliffe, responded in the affirmative when enquired about ING’s plans of launching a digital currency during a joint event to discuss the various aspects of central bank-issued stablecoins.
2019-9-27 15:54 | |
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The European Central Bank confirmed earlier today that the European System of Central Banks [ECSB] is looking to explore new technologies and innovations to improve the financial sector, something which is in line with their mandate.
2019-9-27 15:18 | |
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A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion.
2019-8-23 12:58 | |
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A flood of competing stablecoins is coming to the global economy, setting the stage for what could be a climactic battle with the world's biggest central banks.
2019-8-20 07:00 | |
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This year’s run-up in the bitcoin price has been attributed to numerous factors: the US-China trade war, bold monetary easing by central banks, a weakening Chinese Renminbi, Facebook’s plans to launch its cryptocurrency, as well as market manipulation via Tether’s USDT stablecoins.
2019-8-16 17:00 | |
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In the International Monetary Fund's (IMF) newly published FinTech note titled “The Rise of Digital Money," the IMF states that banks will face "tough competition" and may even see their services surpassed by tech firms issuing digital money and stablecoins.
2019-7-16 18:53 | |
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Nobel-prize winner Joseph Stiglitz, who has previously advocated for a full ban on cryptocurrency, doesn’t like Facebook’s Libra plans either. Stablecoins might be a friendlier option to someone like Stiglitz, who believes crypto lacks all the properties of sound money.
2019-7-3 18:28 | |
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Chinese speculators are borrowing in droves to take out positions in the bull market, according to one lender. BabelBank, one of the largest commercial crypto banks, has seen a significant increase in speculative borrowing.
2019-5-29 18:36 | |
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Crypto News – 23 May – Small victory for iFinex, Monero responds to Reuters report and more Don’t forget to follow us for our daily videos#Monero #CryptoNews #cryptocurrency @xmroutreach #XMR #monero #Tether #USDT #StableCoin #stablecoins pic.
2019-5-24 19:00 | |
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David Gokhshtein, the founder of Gokhshtein Magazine and vocal XRP supporter, thinks Ripple is placing themselves in the perfect position to infiltrate the global financial system. Banks around the world are toying with the idea of creating their own cryptocurrencies.
2019-5-21 09:59 | |
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XRP collateralized token called USDX Major banks working on “utility settlement coin,” can launch in 2020 XRP has entered the realm of stablecoins as instead of fiat, this new project uses a crypto asset to peg the stablecoin.
2019-5-17 18:48 | |
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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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The CEO of Reserve thinks central banks will tokenize, but lack of privacy in spending will draw businesses and wealthy persons to alternative stablecoin services
2019-5-16 23:26 | |
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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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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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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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According to a Bloomberg article published March 18, 2019, tech giant IBM has been approached by at least two “major U. S. banks” regarding the creation of a private digital currency on the heels of JP Morgan’s JPM Coin.
2019-3-21 22:00 | |
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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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Now that the JPM Coin is out, more banks are looking into issuing their own digital tokens. Nevertheless, some players — like Citigroup — are dropping the idea in favor of more traditional remittance methods
2019-3-21 21:12 | |
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IBM’s Blockchain World Wire Platform has just gone live and is already a success by having signed up six international banks to create and issue stablecoins through their platform, as reported on March 18, 2019.
2019-3-19 16:00 | |
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US tech giant IBM has announced the launch of its Stellar blockchain-powered real-time global payments network.
2019-3-19 15:56 | |
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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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CoinSpeaker 6 Banks Sign up to Issue Stellar-based Stablecoins on IBM’s World WireIBM announced today that its global payment network, IBM Blockchain World Wire, has enabled payment locations in 72 countries, with 47 currencies and 44 banking endpoints and that it has signed letters of intent with six global banks.
2019-3-19 21:43 | |
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In addition to collaboration with banks to issue 6 new stablecoins, IBM's payments project World Wire will leverage Stellar Lumens as a global bridge currency. The post Breaking: IBM Signs Six Banks For Stellar-based World Wire appeared first on Crypto Briefing.
2019-3-19 21:26 | |
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Six global banks have reportedly signed letters of intent to issue stablecoins backed by their national fiat currencies on IBM’s now-live Stellar-powered payments network
2019-3-18 19:49 | |
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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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CoinSpeaker BitGo Banks on Stablecoins in a Bid to Win Over More Institutions BitGo recently added the Gemini Dollar (GUSD) to its list of stablecoin offering citing huge demand from institutional players.
2018-11-16 10:41 | |
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Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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If you haven’t heard of Maker, it is a token that is part of a stablecoin system composed of both MKR and DAI. Unlike Tether and other stablecoins, Maker does not rely on banks to provide stability, but instead relies on Collateral Debt Positions (CDPs).
2018-10-9 03:13 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.
2018-7-18 22:00 | |
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Globally spread stablecoins may throw challenges to financial regulators and banks, says a recent report by G7?s FSB group
2019-10-14 13:39 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Ripple president Monico Long said the XRP issuer is likely to enter the $161 billion stablecoin market before this year’s close.
Fair and clear regulations are obviously the future of the crypto market, and 2025 will be incredibly challenging and interesting for all crypto users.
The Labour Party has been silent on crypto, but said it is interested in promoting tokenization in the country.
A Kraken executive denied the exchange plans to delist Tether’s USDT stablecoin in Europe on May 18. Global Head of Asset Growth & Management Business Mark Greenberg said the company is examining “all options to offer USDT under the upcoming regime.
Kraken could drop EU support for Tether’s USDT stablecoin, Bloomberg reported on May 17. Kraken Global Head of Regulatory Strategy Marcus Hughes said the company is planning for circumstances in which it is “not tenable to list specific tokens such as USDT.
The stablecoins activity has taken a hit in recent weeks. The dominance chart reflected reluctance from market participants to buy assets. Bitcoin [BTC] was under pressure in the lower timefThe post Stablecoins see reduced activity amidst market uncertainty: What now? appeared first on AMBCrypto.
Garlinghouse criticizes the SEC and the U.S. government regarding Tether. Tether maintained dominance despite controversies, indicating resilience. In a recent development, Ripple [XRP] CEO The post Ripple CEO Brad Garlinghouse defends Tether stance: What did he say? appeared first on AMBCrypto.