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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
China Considering East Asia Regional Cryptocurrency to Rival Dollar and Libra
17.6.2020
China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments
COMP’s Sudden Growth Has Swamped a DEX Dealing Only in Stablecoins
16.6.2020
One of the newer entrants to the DeFi space, Curve, is riding the wave of demand for the freshly issued Compound governance token, COMP
In the Wildcat Era of Stablecoins, Commercial Banks Have New Rails to Ride
16.6.2020
Today's stablecoin market mirrors the “wildcat banking” era of the mid-1800s, when banks printed their own dollars. Like then, federal intervention is likely
Revamping E-Commerce During the Rise of Stablecoins
14.6.2020
The third decade of the 21st century will make cryptocurrency the main payment method worldwide because of its benefits over fiat
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
13.6.2020
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out...