Will Stablecoins Be Tethered to the Fed? Lawmakers Have Circled That Option

2022-7-28 15:30

Companies issuing stablecoins would have to deal with the Federal Reserve as the chief oversight agency in the current version of a bill being developed in the U. S. House of Representatives, say people familiar with the talks. origin »

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Crypto Payment Processor BitPay Sees More Use in Stablecoins than Layer-2 Solutions

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