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)

ECB Renews Long-Term Commitment to Maintaining Euro Cash System
ECB Renews Long-Term Commitment to Maintaining Euro Cash System
February 08, 2023  |  Cash

The European Central Bank (ECB) has reaffirmed its commitment to maintaining a euro cash system. Commenting on a December ECB study on the payment attitudes...

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Visa Looks to Build Crypto ‘Muscle Memory’ With USDC
Visa Looks to Build Crypto ‘Muscle Memory’ With USDC
February 06, 2023  |  Cryptocurrency

Visa is reportedly exploring plans to let customers convert crypto assets into fiat currencies. Speaking at the StarkWare Sessions 2023 conference in Tel Aviv, Cuy...

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Moody’s Is Working on Scoring System for Crypto Stablecoins
Moody’s Is Working on Scoring System for Crypto Stablecoins
January 26, 2023  |  Cryptocurrency

Moody’s is reportedly developing a scoring system — though not a credit rating — for stablecoins. Bloomberg reported Thursday (Jan. 26) that Moody’s will analyze...

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Circle Blames SEC for Collapse of $9B SPAC
Circle Blames SEC for Collapse of $9B SPAC
January 25, 2023  |  Cryptocurrency

Stablecoin company Circle says the SEC is to blame for its failure to go public. The company told the Financial Times (FT) in an interview...

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Euro-Denominated Stablecoins Vie for Prominence in MiCA Era
Euro-Denominated Stablecoins Vie for Prominence in MiCA Era
January 23, 2023  |  emea

The EURM token is the latest euro-denominated stablecoin endorsed by Spain’s central bank. The new digital euro will be issued by Spanish FinTech Monei, which...

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Global CBDC Real-Time Payment Network Launches in Davos
Global CBDC Real-Time Payment Network Launches in Davos
January 19, 2023  |  CBDC

Leave it to the lofty inspirations of the World Economic Forum to come up with the Universal Digital Payments Network. This, as the new cross-border...

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Digital Pound’s Future Uncertain As Lawmakers Debate Financial Sector Oversight
Digital Pound’s Future Uncertain As Lawmakers Debate Financial Sector Oversight
January 16, 2023  |  emea

A digital pound consultation is expected to be published in “weeks not months.” The comments were made by city minister Andrew Griffith during a Treasury...

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Chainalysis CEO Sees Crypto’s ‘True Value’ Driving Future Growth
Chainalysis CEO Sees Crypto’s ‘True Value’ Driving Future Growth
December 15, 2022  |  Cryptocurrency

No thaw in sight for the crypto winter as the post-FTX meltdown continues to reverberate. FTX’s implosion and the subsequent industry knock-on has spooked the...

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Binance Restarts USDC Withdrawals After Hours-Long Pause
Binance Restarts USDC Withdrawals After Hours-Long Pause
December 13, 2022  |  Cryptocurrency

Binance restarted withdrawals of stablecoin USDC Tuesday (Dec. 13) after an hours-long pause.  The cryptocurrency exchange tweeted “$USDC withdrawals are back online. Thank you for...

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