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Nalezeno "Stablecoins": 2006

Maker Rises as Societe Generale Asks for Loan Backed by Bond Tokens

1.10.2021
stablecoins using a tokenized bond as collateral.As of 13:40 UTC, MKR was up by 7.5% over the past 24 hours to trade at USD 2,443. The price was rallying even before almost the whole market moved higher sharply, with

Crypto in Chaos, but Blockchain-powered Pay and Stablecoins Thrive in S Korea

27.9.2021
based pay and fiat KRW-pegged stablecoins.The Korea Minting and Security Printing Corporation (KOMSCO) is a firm that until relatively recently made its money from cash: the company prints banknotes and mints coins for the treasury.But in recent years, it has moved away from paper and

SEC Denies Freedom of Information Act Request Concerning Tether Documents

26.9.2021
On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission (SEC) responses to his FOIA requests...

USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months

25.9.2021
As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen its capitalization increase a great deal, rising more than $10 billion in 125 days. Since...

HSBC CEO backs CBDCs against crypto and stablecoins

22.9.2021
Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level

US Watchdogs Send More Warning Signs to Altcoins & DeFi, But Coinbase Has a Plan

22.9.2021
ing to steal a march on regulators – by issuing its own proposals for policing the sector.In a video interview with the Washington Post, Gensler likened stablecoins to gambling tokens, stating that “Stablecoins are acting almost like poker chips at the casino gaming tables.”He stated that

SEC chair compares stablecoins to casino poker chips

21.9.2021
"We’ve got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables," said Gary Gensler

Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned

21.9.2021
On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been...

Treasury plots stablecoin crackdown even as Tether’s dominance wanes

17.9.2021
While Tether’s dominance has fallen to 56%, USDC and BUSD have surged to 23.9% and 10.4% respectively

ECB President Christine Lagarde Insists Cryptos Are Not Currencies, Calls Them Highly Speculative, Suspicious

17.9.2021
The president of the European Central Bank (ECB), Christine Lagarde, says cryptos are not currencies, adding that they are “highly speculative, suspicious occasionally, and high intensity in terms of energy consumption.” She also discussed the need for stablecoin regulation...

Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion

16.9.2021
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K...

CBDCs, Stablecoins & Crypto Can Disrupt Traditional Finance – Moody’s

14.9.2021
="https://cryptonews.com/tags/facebook/">Facebook, and fintech firms like Square or PayPal, will become key forc

HaloDAO Lists on AscendEX

13.9.2021
PRESS RELEASE. AscendEX is thrilled to announce the listing of the HaloDao token (RNBW) under the pair USDT/RNBW on Sept. 13 at 1 p.m. UTC. HaloDAO intends to unlock potential for non-USD stablecoins to generate permissionless on-demand liquidity. They are building their Protocol in the Balancer...

US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial Industry

13.9.2021
The U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are said to have used the meetings to discuss “whether stablecoins...

Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion

10.9.2021
The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days ago on June 12, 2021, the number of tethers in circulation was around 63 billion tokens and the supply has swelled...

Diem struggling to win over officials in Washington despite rebranding efforts

10.9.2021
Diem’s push to launch stablecoins and a global payment system might suffer from the seemingly brewing anti-crypto sentiment among key U.S. policymakers

CBDC Race, Blockdaemon Unicorn, Harmony & Algorand Pour Millions + More News

10.9.2021
lity. "The time has passed for central banks to get going. We should roll up our sleeves and accelerate our work on the nitty-gritty of CBDC design. CBDCs will take years to be rolled out, while stablecoins and cryptoassets are already here. This makes it even more urgent to start,"  Benoît Cœu