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How Tether Can Be a More Stable Stablecoin
29.12.2022
Tether, the world's biggest stablecoin, has a problem. When the going gets tough, Tether users want out of Tether. What can the company do to change things?
The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg
28.12.2022
2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion has been erased from the stablecoin economy during the last 23 days as BUSD shed roughly 23.3% during the last...
XRP Price Prediction as Republic of Palau Works with Ripple to Launch National Stablecoin – XRP to the Moon?
27.12.2022
Given the market slowdown, the XRP price prediction remains bearish as it struggles below the $0.3715 level. Despite occasional setbacks, like the bankruptcies and arrests of some of its previous major players, several governments are eager to join the crypto bandwagon and are considering...
More Than $19 Billion in BTC, ETH, Stablecoins Left Exchanges Since the Onset of FTX’s Collapse
27.12.2022
For more than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin owners removed roughly $19.19 billion in crypto assets from centralized exchanges. Between Nov. 5 to Dec. 26, roughly 356,848 bitcoin and 4.48 million ether were withdrawn from a myriad of crypto trading platforms...
Today in Crypto: BTC.com & BitKeep & Defrost Finance Hacked, North Korea Stole 1,000 NFTs, Japan to Lift a Stablecoin Ban
26.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BTC.com & BitKeep & Defrost Finance Hacked, North Korea Stole 1,000 NFTs, Japan to Lift a Stablecoin Ban
Japan to lift the ban on foreign stablecoins like USDT in 2023: Report
26.12.2022
None of the 31 crypto exchanges registered with Japan's Financial Services Agency are currently offering trading in stablecoins like USDT or USDC
US Senator Introduces Bill to Regulate Payment Stablecoins
23.12.2022
A U.S. senator has introduced a bill to “establish the first federal regulatory framework for payment stablecoins.” The lawmaker explained: “This bill will also ensure the Federal Reserve, which has displayed significant skepticism about stablecoins, won’t be in a position...
Today in Crypto: Prepare for 'Pretty Long Crypto Winter', North Korea Stole $1.2B in Crypto in 5 Years, Malicious Hackers Returned $32.7M in 2022
22.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Prepare for 'Pretty Long Crypto Winter', North Korea Stole $1.2B in Crypto in 5 Years, Malicious Hackers...
Stablecoin settlements can surpass all major card networks in 2023: Data
22.12.2022
While on-chain stablecoins settlements are growing rapidly, many people pointed out that comparing stablecoin settlements to Visa transactions is not fair as they represent two different things
US senator Toomey introduces stablecoin bill as congressional session wraps up
22.12.2022
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session
Waves founder announces new stablecoin as USDN depegs
20.12.2022
Days after USDN lost its peg with USD, Waves CEO and founder Sasha Ivanov promised that his new stablecoin will be “undepeggable."
Waves Blockchain Founder Sasha Ivanov Promises USDN Revival Plan, New Stablecoin
20.12.2022
USDN, the algorithmic stablecoin of the Waves ecosystem, fell as low as $0.53 early Tuesday
Coinbase CEO: Regulate centralized actors but leave DeFi alone
20.12.2022
Armstrong said that because centralized exchanges and custodians have the most risk of causing consumer harm, regulators must focus there first and foremost
Bank of Canada emphasizes need for stablecoin regulation as legislation is tabled
19.12.2022
A note by central bank researchers says regulation is the key to reaping the benefits of fiat-referenced crypto assets after the Canadian parliament fails to consider legislation
$16K retest the most likely path for Bitcoin, according to 2 derivative metrics
19.12.2022
Top traders' long-to-short ratio and stronger demand for stablecoins in Asia indicate higher odds of further price correction
Successful decentralization doesn't need blockchains: Nillion CEO
19.12.2022
According to the CEO of Nillion, “decentralization is a spectrum with multiple axes.”
Central Banks to set standards on banks’ crypto exposure - BIS
17.12.2022
The new standard limits crypto reserves among banks to 2% by 2025, and goes into effect on January 1, 2025
UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War
17.12.2022
The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures the funds...
Argentina’s province to issue US dollar-pegged stablecoin
16.12.2022
The bill also authorizes local artists to issue nonfungible tokens (NFT) to promote financial and cultural inclusion
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
16.12.2022
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month...