Paxos, which operates a cryptocurrency exchange and several stablecoins, obtained the nod of the US Securities and Exchange Commission (SEC) to run a pilot project that will leverage blockchain…
Tag: stablecoins
Libra Roundup: G7 Voice Concerns, Senator Adds Support, New Study Emerges
Today, G7 countries have documented their concerns about the impact of stablecoins on the global monetary system, US Senator Michael Rounds has offered fresh words of support, and a…
Fiat-Pegged Stablecoins as a Stepping Stone to the Next-Generation Global Currency
There is no question that stablecoins are making waves in the sea of cryptocurrencies. Binance research backs up this general sentiment, showing a rise in stablecoin popularity and trading…
Some Shocking Data Analyses About Stablecoins
Stablecoins are one of the most relevant developments in the crypto ecosystem and one that has been increasingly getting traction. Recently, I presented a session that highlighted some interesting…
Tether (USDT) Launches Digital Yuan Before PBoC – Bitcoinist.com
Controversial firm Tether Limited has announced that it is expanding its list of stablecoins by launching an offshore yuan-backed digital currency. Tether Continues its March The Hong Kong company…
Why is Facebook Releasing the White Paper for their ‘Blockchain’ project Libra Now?
Secondly, decentralized exchanges (DEX) are now making Stablecoins themselves. This could possibly be a problem for Stablecoin projects, as the main goal of DEX is to offer an easy…
Facebook Coin Could Drive a ‘Mass-Adoption’ of Crypto, Study Concludes
Stablecoins are getting more popular. So popular that they could bring about the mass adoption of Bitcoin as giant non-financial companies, such as Facebook and Samsung, get ready to…
Stablecoins Beat Bitcoin, Says ECB Presidential Hopeful – Bitcoinist.com
Francois Villeroy de Galhau of the European Central Bank (ECB) says stablecoins hold more promise than Bitcoin. The ECB policymaker says fiat-pegged crypto will have a place in the…
What is Q DAO and USDQ StableCoin? Fully Explained
Stablecoins have advanced as a new iteration on cryptocurrencies, enabling to address such issues as high volatility and interactions with legacy financial systems. Today I’m sharing the interview with…
Stablecoins are Modernizing Age-Old Money
Stablecoins are typically regulated and are pegged 1:1 to U.S. dollar (or other major fiat). Fiat reserves are audited by third party. Stablecoins provide relief from cryptos’ volatile prices….