Search
Fed Launches New Crypto Oversight Program, Issues Dollar Stablecoin Guidelines
10.8.2023
The Federal Reserve has established a new supervisory program to increase oversight of crypto activities by the banks it regulates. The U.S. central bank also released additional guidelines for banks to follow before engaging in the issuance, possession, or transactions involving U.S. dollar...
MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets
1.6.2023
The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply
Argentine Province of San Luis to Issue Dollar-Pegged Stablecoin and Local Art NFTs
16.12.2022
San Luis, a province of Argentina, has approved a bill allowing it to issue a blockchain-based, dollar-pegged stablecoin. The bill, which also approves the issuance of local artistic assets as NFTs (non-fungible tokens) seeks to enable the promotion of social development, and economic, cultural...
Jack Dorsey’s TBD Teams Up With Circle to Take US Dollar Stablecoin Savings and Remittances Global
29.9.2022
The partnership aims to improve people’s access to dollar-linked stablecoins in countries with rapidly devaluing currencies
Stablecoin supplies and cash reserves in question amid crypto exodus
17.5.2022
The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
4.2.2022
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9%...
Bitcoin.com Unlocks Earn on Crypto
1.12.2021
Bitcoin.com is integrating technology from CoinFLEX that enables users to earn interest on a wide range of cryptoassets, including a US-dollar stablecoin (flexUSD), through both passive and active strategies. The passive yield strategy is built on flexUSD, a US-dollar pegged cryptocurrency that...
Facebook-backed Diem Association reportedly to launch stablecoin pilot in 2021
20.4.2021
An anonymous source has told reporters that the first Diem pilot will focus on transactions between individual consumers
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...
Kadena Onboards Celo’s Dollar Stablecoin, Plots January Launch for Decentralized Exchange
15.12.2020
The hybrid blockchain maker said it is collaborating with fintech firm Celo to on-board its stablecoin, cUSD, to Kadena’s platform using a trustless bridge
Former PwC partner to launch New Zealand ‘Power Dollar’ stablecoin
16.10.2020
Power Finance, led by former PwC partner, plans to launch a New Zealand digital dollar stablecoin early next year
Chrono Tech Launches Australian Dollar Stablecoin in Spite of ‘Big Four’ Banks
21.3.2020
The man behind the new Aussie dollar stablecoin, said the big four banks were not “allowed” to hold the fiat reserves for the cryptocurrency
Coinbase Card Rolls out DAI as First Supported Stablecoin: Official
6.12.2019
DAI is the first stablecoin supported by Coinbase Card, the exchange announced