The Bank of Russia has been testing stablecoins that are attached to real assets, according to reports. The head of the bank, which is Russia’s central bank, said just because they’re testing the coins doesn’t mean they will eventually turn into a money substitute. “We...
June 28, 2022
Circle Internet Financial, which issues the stablecoin USD Coin, or USDC, Tuesday (June 28) announced a custody agreement under which New York Community Bancorp will serve as a custodian for USDC reserves. The companies also announced they will collaborate on developing blockchain systems to serve people that are underbanked. Some reserves also might be steered […]
December 26, 2019
The Bank of Russia has been testing stablecoins that are attached to real assets, according to reports. The head of the bank, which is Russia’s central bank, said just because...