Stablecoin

Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

Source: en.wikipedia.org

Top News In Payments: Sensory, OEMS Team For Independence From The Cloud; PBOC Says Stablecoins Threaten Yuan
Top News In Payments: Sensory, OEMS Team For Independence From The Cloud; PBOC Says Stablecoins...
December 26, 2019  |  News

In today’s top news, Sensory released TrulyNatural, its speech recognition and natural-language-understanding platform for smart appliances, and China’s Central Bank says stablecoins threaten the yuan’s...

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Top News In Payments: Indian FinTech ZestMoney Raises $15M; Fed’s Brainard Warns Of Crypto Risks
Top News In Payments: Indian FinTech ZestMoney Raises $15M; Fed’s Brainard Warns Of Crypto Risks
December 19, 2019  |  News

In today’s top news, Indian FinTech ZestMoney raises $15 million, the latest in a $63 million Series B funding round, and Federal Reserve Gov. Lael...

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Bitcoin Daily: BitPay Announces Stablecoin Payment Support, Amun Allowed To Provide Crypto-ETPs
Bitcoin Daily: BitPay Announces Stablecoin Payment Support, Amun Allowed To Provide Crypto-ETPs
December 11, 2019  |  Bitcoin

Blockchain payment service company Bitpay announced Tuesday (Dec. 10) the introduction of stablecoin payments for both users and merchants, according to a release.  The company...

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Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis
Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis
November 17, 2019  |  Economy

The U.S. Federal Reserve Board has issued a warning about a possible stablecoin crisis and its impact on the global economy. In its November Financial...

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Bitcoin Daily: Hong Kong Calls For Regulators To Unite On Libra; New Blockchain Solution Aims To Eliminate Hotel Booking Mistakes
Bitcoin Daily: Hong Kong Calls For Regulators To Unite On Libra; New Blockchain Solution Aims...
November 08, 2019  |  Bitcoin

Hong Kong’s chief securities regulator is calling on the world regulators to get on the same page when it comes to Facebook’s Libra to avoid...

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Former Fed Nominee Moore Announces New Stablecoin
Former Fed Nominee Moore Announces New Stablecoin
October 21, 2019  |  Cryptocurrency

Economist Stephen Moore, who recently lost out on a bid to join the board of the Federal Reserve, is looking to launch his own cryptocurrency...

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JPMC’s Dimon Calls Libra A ‘Neat Idea’ That Will ‘Never Materialize’
JPMC’s Dimon Calls Libra A ‘Neat Idea’ That Will ‘Never Materialize’
October 18, 2019  |  Cryptocurrency

Jamie Dimon, CEO of JPMorgan Chase & Co, said that Facebook’s proposed cryptocurrency, Libra, is “ … a neat idea that’ll never happen,” according to...

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German Finance Minister Says Libra Should Be Stopped
German Finance Minister Says Libra Should Be Stopped
October 18, 2019  |  Cryptocurrency

Olaf Scholz, Germany’s finance minister, reiterated his opposition to Facebook on Friday (Oct. 18), and said that the release of the cryptocurrency should be prevented....

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Fed Governor: Libra Has Big Regulatory Mountain To Climb
Fed Governor: Libra Has Big Regulatory Mountain To Climb
October 16, 2019  |  Facebook

U.S. Federal Reserve Governor Lael Brainard has warned that a stablecoin like Facebook‘s planned Libra could make central banks’ efforts to conduct monetary policy “complicated.”...

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