Source: en.wikipedia.org
Binance’s stablecoin was reportedly undercollateralized at times during 2020 and 2021. Bloomberg reported Tuesday (Jan. 10) that the Binance-Peg BUSD reserves were at three separate...
Warnings on stablecoins from a trio of regulators may cause banks to seek digital alternatives instead. And digital dollars (aka CBDCs) and tokenized deposits issued...
Japan is reportedly readying regulations that would let foreign stablecoins list on the country’s exchanges. According to a Monday (Dec. 26) report by Japan’s Nikkei...
A bank-to-bank digital currency may threaten the appeal of traditional, privately-issued stablecoins. News came last month that the New York Fed has seen the benefits of such...
Bad crypto news has brought a big opportunity for traditional banks to advance tokenized deposits. Add in the unreliable, peg-breaking status of so-called stablecoins, as...
Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to...
Jewel Bank has launched stablecoin-based payment services backed by bank deposits. These services leverage the Polygon ecosystem, Jewel Bank said in a Monday (Dec. 12)...
The U.K. government will bring forward a CBDC consultation “in the coming weeks.” The revelation was made by the Chancellor of the Exchequer Jeremy Hunt...
Tether, an asset-backed cryptocurrency stablecoin, has been lending its coins to customers. That’s according to a new report by the Wall Street Journal (WSJ) today (Dec. 1)....