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

Stablecoin Collapse Heightens Calls for Crypto Controls Worldwide
Stablecoin Collapse Heightens Calls for Crypto Controls Worldwide
May 13, 2022  |  Cryptocurrency

Calls for global cryptocurrency regulation are growing louder and could be in place within a year. Grouping crypto with problems like climate change and COVID,...

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Spooked by Stablecoin’s Collapse, Investors Flee DeFi
Spooked by Stablecoin’s Collapse, Investors Flee DeFi
May 13, 2022  |  Cryptocurrency

The collapse of the TerraUSD stablecoin may have claimed another victim: The staking and lending platforms at the heart of decentralized finance (DeFi). The algorithmic...

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SEC’s Peirce Anticipates Stablecoin Regulations in Wake of Terra Tumble
SEC’s Peirce Anticipates Stablecoin Regulations in Wake of Terra Tumble
May 13, 2022  |  Cryptocurrency

According to a top official at the Securities and Exchange Commission (SEC), there could be stricter rules imminent for crypto stablecoins, Reuters reported Thursday (May...

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Yellen: Terra’s Fall Shows Stablecoin Dangers
Yellen: Terra’s Fall Shows Stablecoin Dangers
May 12, 2022  |  Cryptocurrency

U.S. Treasury Secretary Janet Yellen on Thursday (May 12) called for new regulations on stablecoins, citing the dramatic fall of the Terra token. “I wouldn’t...

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Blockchain Series: What Is TerraUSD? The No. 3 Stablecoin Doesn’t Have a Single Dollar Behind It
Blockchain Series: What Is TerraUSD? The No. 3 Stablecoin Doesn’t Have a Single Dollar Behind...
April 22, 2022  |  Cryptocurrency

  UPDATE: In the second week of May 2022, the TerraUSD stablecoin “broke the buck,” falling below a $1 peg. Within a week, a run...

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Beanstalk’s Dollar Peg Collapses After $180M Hack, Highlighting Regulators’ Fears
Beanstalk’s Dollar Peg Collapses After $180M Hack, Highlighting Regulators’ Fears
April 18, 2022  |  Cryptocurrency

At 8:19 a.m. on Sunday (April 17) the BEAN stablecoin was $1.01, well within the norm for its dollar peg. At 9:19 a.m., it was...

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Stablecoins Embraced as Valid Payment Form in UK
Stablecoins Embraced as Valid Payment Form in UK
April 06, 2022  |  Cryptocurrency

The U.K. is now validating stablecoins as an accepted form of payment and is moving forward to launch an international hub for crypto-asset technology and...

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NY Fed: Tokenized Deposits Better Than Stablecoins
NY Fed: Tokenized Deposits Better Than Stablecoins
February 08, 2022  |  Cryptocurrency

Researchers with the Federal Bank of New York have said stablecoins are not likely to be the future of payments, CoinDesk reported Monday (Feb. 7)....

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Fed Paper Finds Stablecoin Risks Are Manageable, and Come With Rewards
Fed Paper Finds Stablecoin Risks Are Manageable, and Come With Rewards
February 01, 2022  |  Cryptocurrency

In a new paper on the potential uses and dangers of stablecoins, Federal Reserve researchers come to a fairly clear conclusion that the safest way...

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