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Nalezeno "stablecoin": 3977

Russian Central Bank Wants to ‘Limit’ Stablecoin Use in Payments


Russia’s Central Bank wants to position itself as the country’s digital economy center of gravity – and appears ready to pave a way for its forthcoming digital ruble to gain market dominance. And it wants to make sure of that by placing a limit on the use of stablecoins in settlements. Per...

Independent Local Stablecoin Booming in South Korea’s Buyeo


Statue of the Lying Buddha of Miamsa Temple in Naesan-myeon, Buyeo-gun, South Korea. The circulation of a local stablecoin operated by South Korea’s Buyeo County has exceeded the USD 93m mark as the county looks to expand the use of its token. Per Kuki News, the county has enabled near-field...

xSigma Developments Continue Following Amazing First Month


xSigma is a decentralized exchange for stablecoin swaps backed by a NASDAQ-listed corporation. In the first month since it was launched the DEX reached an impressive $112 million in total trading volume. xSigma developments continue with a Gas Cashback, a new roadmap, a staking pool being launched...

Payment Giant Visa Integrates USDC Stablecoin Support for Settlement


On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that the company will leverage USD coin (USDC), the regulated token built on top of the Ethereum network....

Thai Central Bank Sets A Precedent By Banning Baht-pegged Stablecoin


Source: iStock/Jan-Otto The Thai central bank, the Bank of Thailand, has taken the unprecedented step of banning a fiat baht-pegged stablecoin, claiming that it could undermine the Thai public’s confidence in the existing financial system. The stablecoin in question is the THT, the brainchild...

Tether's Supply Dominance Hits Record Low as USDC & Co Rise


As USD coin (USDC) strengthens its positions, tether (USDT) is losing its market share, according to crypto intelligence firm Coin Metrics. That said, stablecoins, in general, are again on the rise this year, and the total supply is expected to grow further with the increase in use cases. Per...

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