Search
BIS Unsure if 'Global Stablecoins' Can Help Cross-border Payments
13.7.2020
Agustín Carstens, General Manager of the BIS. The Bank for International Settlements (BIS) agrees that leading financial nations badly need to make cross-border payment progress – but is still unsure if that the answer will be found in global stablecoin projects.
In a new report to the G20 entitled...
Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure
12.7.2020
Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. Tether Frozen in 40 Addresses Tether...
Hyper-Stablecoinization: From Eurodollars to Crypto-Dollars
12.7.2020
Crypto-dollarization is the world's next best hope to meet its insatiable demand for U.S. dollars
Risks of Centralized Stablecoins Materialize as 100k USDC Frozen
9.7.2020
Centralized stablecoins may be about to face more scrutiny from the crypto community after it was revealed yesterday that USD Coin (USDC) issuer Centre has frozen an address holding USD 100,000 worth of the stablecoin.
The actual blacklisting of the address occurred back in June this year, and...
Brazil’s Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction
8.7.2020
Brazilian crypto users are increasingly turning to USD-pegged stablecoins as the country's real sinks to record lows against the dollar
Future Bleak for Private Stablecoins, SFB Economist Says
7.7.2020
SFB Technologies' chief economist sees a future for central bank digital currencies, or CBDCs, but not for privately issued stablecoins
The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network
7.7.2020
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing small amounts and testing the SLP framework....
Stablecoins Might Be Better Than Bitcoin For Payments, But Maybe Not For Long
5.7.2020
Stablecoins offer most of the benefits of bitcoin (BTC), but without any of the volatility. This is the opinion of a wide number of industry figures and experts, all of whom affirm that removing volatility is the key to making cryptocurrencies viable as a means of payment.
Does this mean that...
Germany Takes Over FATF Presidency With New Guidance to Help Countries Apply Crypto Standards
4.7.2020
The Financial Action Task Force (FATF) has a new president as Germany took over the presidency from China. The intergovernmental organization also highlighted the need for more guidance on cryptocurrencies as many countries have not yet fully implemented its revised crypto standards. Another review...
Former US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around Stablecoins
3.7.2020
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example
Tether Crosses $10B, Leaving Competing Stablecoins in the Dust
1.7.2020
Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year
Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday
30.6.2020
Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money
How Global Stablecoins Can Promote Financial Stability in the World
27.6.2020
Global stablecoins could provide market participants with a cost-efficient means to rebalance their capital across global markets
EU Creating a Regulatory Regime for Cryptocurrencies, Says Economic Chief
26.6.2020
The planned regulatory regime could include stricter rules for projects deemed "global stablecoins," a subtle reference, possibly, to Libra
Some Numbers That Show Why Yield Farming COMP Is So Seductive
25.6.2020
COMP has created a sudden craze for "yield farming." Here are three scenarios illustrating the risks and rewards of DeFi's latest trend
Circle, Coinbase Bring USDC Stablecoin to Algorand’s Blockchain
25.6.2020
The CENTRE consortium is teaming up with the Algorand Foundation to launch the USDC stablecoin on the Algorand network
The Future Is Stablecoins, Say Panelists for Chamber of Digital Commerce
24.6.2020
As banks look to tokenize currency and USDT volume rises, experts see a bright future for stablecoins
Buy Stablecoins With Your Credit Card in Lumi Wallet
24.6.2020
Lumi Wallet announced that from June 2020, Tether USDT, Binance USD, Paxos Standard Token, Celsius and Dai are available to purchase in Lumi Wallet with a credit card. The highest grossing stablecoins on the crypto market are fully integrated for exchange and purchase in-wallet. Transactions under...
Stablecoins & ‘Legal Crypto’ to Power S Korean Plastic Surgery Revival
22.6.2020
South Korean companies will increasingly look to stablecoins and blockchain technology as they look to boost the number of people coming into the country to undergo cosmetic surgical procedures.
South Korea’s plastic surgery industry is worth an estimated USD 5 billion a year, and prior to...
How and Why Major Stars Are Embracing Tokenization
21.6.2020
The next step toward blockchain adoption could be tokenized technological solutions implemented as a financial instrument within the entertainment industry