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

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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Binance Issues Temporary Pause on USDC Withdrawals
Binance Issues Temporary Pause on USDC Withdrawals
December 13, 2022  |  Cryptocurrency

Binance paused withdrawals of stablecoin USDC Tuesday (Dec. 13) as it conducted a “token swap.” “On USDC, we have seen an increase in withdrawals,” Chanpeng...

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OCC Says Banks Should Remain Wary of Crypto Activities 
OCC Says Banks Should Remain Wary of Crypto Activities 
December 09, 2022  |  Cryptocurrency

Crypto assets are an emerging risk facing banks, a regulatory agency says.  The Office of the Comptroller of the Currency (OCC) highlighted crypto-assets as a “special topic”...

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US Prosecutors Investigating FTX Role in TerraUSD and Luna Fall 
US Prosecutors Investigating FTX Role in TerraUSD and Luna Fall 
December 07, 2022  |  Cryptocurrency

Prosecutors are reportedly investigating whether FTX was involved in the collapse of TerraUSD and Luna.  The New York Times reported Wednesday (Dec. 7) that U.S....

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Circle Delays IPO as Crypto Winter Chills Stablecoin Momentum
Circle Delays IPO as Crypto Winter Chills Stablecoin Momentum
December 05, 2022  |  IPO

The crypto winter has now chilled all manner of digital currency activities, including an IPO. FinTech Circle, which issues USDC stablecoins, said in an announcement...

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