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

Bank of England Hints at Limits on Stablecoin Payments  
Bank of England Hints at Limits on Stablecoin Payments  
April 17, 2023  |  Cryptocurrency

Rattled by the collapse of Silicon Valley Bank, the crypto winter of 2022, and unnerved at the prospect of crypto assets being widely used as...

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Stablecoin Bill Enters Congress as US Lawmakers Eye Currency’s Future
Stablecoin Bill Enters Congress as US Lawmakers Eye Currency’s Future
April 17, 2023  |  Regulation

The U.S. Congress is looking to bring stablecoins deeper into the regulatory fold. And potentially the broader global financial system. A new 73-page draft bill,...

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Bakkt CEO Says Bringing Utility to Crypto Starts With Payments 
Bakkt CEO Says Bringing Utility to Crypto Starts With Payments 
April 17, 2023  |  Cryptocurrency

Crypto, whether by accident or by design, is facing a banking crisis in the U.S. That’s why it is increasingly important for industry leaders to drive education...

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House Set to Examine the Future of US Stablecoins
House Set to Examine the Future of US Stablecoins
April 16, 2023  |  Cryptocurrency

U.S. lawmakers this week will hold hearings that could decide the future of stablecoins. The House Financial Services Committee is due to meet Wednesday (April...

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Singapore Reportedly Developing Standards Around Banks and Digital Assets
Singapore Reportedly Developing Standards Around Banks and Digital Assets
April 06, 2023  |  Cryptocurrency

Cryptocurrency and digital asset companies can expect greater scrutiny from banks in Singapore. Banks, the central bank and police in the city-state are working together...

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CFPB’s Chopra Eyes Big Tech’s Payments Efforts and Stablecoin Risks for Review
CFPB’s Chopra Eyes Big Tech’s Payments Efforts and Stablecoin Risks for Review
April 04, 2023  |  CFPB

The words “systemic” and “risk” have been on everyone’s lips in the past few weeks. And for Big Tech, at least, the regulatory gaze will...

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Klarpay CEO Said Providers Must Confront Liquidity Management Challenges With Instant Payments Use
Klarpay CEO Said Providers Must Confront Liquidity Management Challenges With Instant Payments Use
March 23, 2023  |  Real-Time Payments

European real-time payments have seen historic growth in recent years. In fact, some European countries like the U.K., Sweden and Finland have even gone a...

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Circle Investors Redeem $3 Billion in USDC
Circle Investors Redeem $3 Billion in USDC
March 16, 2023  |  Cryptocurrency

Cryptocurrency investors have withdrawn a net $3 billion in Circle’s USDC coin this week. Circle said on its blog Wednesday (March 15) evening that it...

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Report: Traders Making $70 Million Gamble on USDC’s Future
Report: Traders Making $70 Million Gamble on USDC’s Future
March 13, 2023  |  Cryptocurrency

The stablecoin USDC may have regained its dollar peg, but traders may not be in the clear. USDC traders could risk multi-million dollar liquidations if...

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