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

Things Are Getting Real, but Not Real Good, for Crypto
Things Are Getting Real, but Not Real Good, for Crypto
March 10, 2023  |  Cryptocurrency

Rather than enjoying a spring thaw, crypto’s 2022 winter is transitioning to an ice age. This, as New York Attorney General (NYAG) Letitia James on...

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Investors Withdraw $6B From Binance Coin Amid Crypto Crackdown
Investors Withdraw $6B From Binance Coin Amid Crypto Crackdown
March 01, 2023  |  Cryptocurrency

America’s cryptocurrency crackdown has reportedly led investors to pull $6 billion from a Binance-branded stablecoin. Last month, the New York Department of Financial Services (NYDFS)...

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As Fiat Beats Bitcoin, BIS Head Eyes CBDCs and Tokenized Deposits 
As Fiat Beats Bitcoin, BIS Head Eyes CBDCs and Tokenized Deposits 
February 23, 2023  |  Cryptocurrency

The dust has settled. The battlefield is still. And, as has been widely reported this week, Agustín Carstens, general manager of the Bank for International...

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What the Future of Money Looks Like on Washington’s Birthday
What the Future of Money Looks Like on Washington’s Birthday
February 18, 2023  |  Payments Innovation

Money is evolving beyond Jeffersons, Jacksons and Benjamins, as digital solutions transform the landscape. This, as more than 4 in 10 Americans (41%) say they...

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Report: NYDFS Investigating Stablecoin Issuer Paxos Trust
Report: NYDFS Investigating Stablecoin Issuer Paxos Trust
February 10, 2023  |  Regulation

Paxos Trust is reportedly being investigated by the New York State Department of Financial Services (NYDFS). It is not known why the issuer of the...

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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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