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Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account
23.9.2020
Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides
Stablecoins May Threaten EU Market Integration And Interoperability - ECB
22.9.2020
Out of three potential stablecoin scenarios, two could potentially lead to concerns for EU market integration and interoperability, as well as to risks to financial stability, therefore affecting safety and efficiency of the payment system, according to the European Central Bank (ECB).
In their...
US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator
22.9.2020
The U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded...
‘Misleading’ Term Stablecoin Should Be Ditched, Says ECB
22.9.2020
The EU central bank said the term stablecoin is potentially "confusing" and "misleading" to consumers
Two US Regulators Have Good News For Stablecoins
22.9.2020
After several years of operating in a regulatory grey area, US national banks and federal savings associations are now officially permitted to engage with fiat-backed stablecoins, the Office of the Comptroller of the Currency (OCC) has clarified. Meanwhile, the Securities and Exchange Commission...
OCC: Banks Can Hold Some Stablecoin Reserves
21.9.2020
The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S
US banking regulator authorizes federal banks to hold reserves for stablecoins
21.9.2020
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators
Uniswap payday, ETH transactions hit record high, EU backs stablecoins: Hodler’s Digest, Sept. 14–20
20.9.2020
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
What Is DeFi?
18.9.2020
DeFi is short for "decentralized finance," an umbrella term for Ethereum and blockchain applications geared toward disrupting financial intermediaries
Checking In With Terra, the Korean Stablecoin Firm Bringing Online Shoppers to Crypto
18.9.2020
Terra's stablecoin savings account is a month delayed but the project is gaining momentum with over 2 million users on the firm's Chai payments app
Monetary Policy Is Finished and Macro Debates Are Boring, Feat. Raoul Pal
17.9.2020
A wide-ranging conversation about the state of macro, why central banks can’t really do anything and why private markets are leading the future of money
Bitcoin Strongest In North America, Asia More Open to Stablecoins, Altcoins
17.9.2020
Bitcoin (BTC), the first and largest cryptocurrency, has the strongest positions among crypto users in North America, while stablecoins and altcoins get more attention in Asia, a new report from crypto analysis firm Chainalysis showed.
According to the report, BTC made up 72% of the crypto...
Libra appoints HSBC veteran to manage crypto project's operational wing
17.9.2020
Top financial services experts continue to join the Libra project
Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June
15.9.2020
Gamemaker Dapper Labs is using Circle's dollar-backed stablecoin, USDC, as a global settlement solution for its non-fungible tokens (NFTs)
The Crypto Firms Collaborating on a Swiss Franc Stablecoin
14.9.2020
“Coopetition” is an ungainly term at the best of times. But it appears that’s what’s happening among Swiss stablecoin issuers
European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
12.9.2020
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing...
‘No Other Option but More Collateral’: The Short- (and Long-) Term Fixes for Dai’s Broken Peg
11.9.2020
Stablecoin demand in yield farming is breaking dai's peg. Solutions revolve around USDC and Maker's version of QE, but will these measures last?
European Ministers Call on EU Commission to Regulate Stablecoins
11.9.2020
Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins
Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’
11.9.2020
Banque de France Governor François Villeroy de Galhau wanted about the threat of "Big Tech" stablecoins
Stablecoins post triple-digit growth in 2020, but institutional rivals loom
11.9.2020
Despite stablecoins posting triple-digit market cap growth this year, competition from projects backed by major financial and tech corporations is on the horizon