stablecoins

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)

Digital Wallet Belo Launches Web Platform for B2B Cross-Border Payments
Digital Wallet Belo Launches Web Platform for B2B Cross-Border Payments
August 25, 2023  |  B2B Payments

Digital wallet Belo has launched a web platform to help businesses make cross-border transactions.  This initiative allows companies from 108 countries to open a free account...

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Coinbase Invests in Circle and Shutters Centre Consortium
Coinbase Invests in Circle and Shutters Centre Consortium
August 22, 2023  |  Cryptocurrency

Coinbase says it has taken an equity stake in fellow crypto company/USDC issuer Circle. “The nature of the investment means that Coinbase and Circle will...

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Binance to Shut Regulated Binance Connect
Binance to Shut Regulated Binance Connect
August 15, 2023  |  Cryptocurrency

Crypto investors and businesses alike have been left questioning the implications of the announced closure of Binance Connect by Binance on Tuesday (Aug. 15). The...

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Crypto Company Circle Prepares for New Products and Global Expansion
Crypto Company Circle Prepares for New Products and Global Expansion
August 10, 2023  |  Cryptocurrency

Crypto company Circle Internet Financial is counting on its $1 billion cash cushion to weather fresh competition from non-crypto companies such as PayPal Holdings. Stablecoins are a...

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Fed to Ratchet Up Oversight Into Banks’ Crypto Activity
Fed to Ratchet Up Oversight Into Banks’ Crypto Activity
August 09, 2023  |  Cryptocurrency

America’s central bank is the latest U.S. regulator to increase cryptocurrency sector oversight. The Federal Reserve Board on Tuesday (Aug. 8) released new information on its plan to supervise...

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Circle Debuts Wallet-as-a-Service Tool for Developers
Circle Debuts Wallet-as-a-Service Tool for Developers
August 08, 2023  |  Cryptocurrency

USDC issuer Circle says it has a way for developers to embed Web3 wallets in their apps. The FinTech on Tuesday (Aug. 8) announced the debut of Programmable Wallets,...

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PayPal Debuts Stablecoin Pegged to US Dollar
PayPal Debuts Stablecoin Pegged to US Dollar
August 07, 2023  |  Cryptocurrency

PayPal has introduced a U.S. dollar-pegged stablecoin amid new regulations around digital currencies. Announced Monday (Aug. 7), PayPal USD is “designed to contribute to the opportunity...

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Crypto Lender Aave Introduces GHO Stablecoin
Crypto Lender Aave Introduces GHO Stablecoin
July 16, 2023  |  Cryptocurrency

Crypto lender Aave has debuted its first stablecoin.  Announced on the company blog Saturday (July 15), Aave’s GHO coin is now live on the ethereum network. “GHO was...

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BIS: Crypto’s ‘Inherent’ Flaws a Threat to Monetary System 
BIS: Crypto’s ‘Inherent’ Flaws a Threat to Monetary System 
July 11, 2023  |  Cryptocurrency

There may be no room for crypto within banking or traditional financial services at all. And in fact, the Bank of International Settlements said in...

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