#stablecoins
How does the SEC's lawsuit against Terraform Labs impact the #cryptocurrency market and investor confidence in #stablecoins?
The SEC is suing #Terraform Labs for misleading investors about #TerraUSD. Kwon's lawyer argues against Kwon being questioned in the US.
🔥Click Below to Read👀this Interesting Information🔥
https://coinpedia.org/news/sec-lawsuit-against-terraform-labs-do-kwons-attorney-fights-extradition-request/
Circle launches native euro stablecoin on Stellar - The EURC stablecoin (formerly EUROC) is now available on Stellar ... - https://cointelegraph.com/news/circle-launches-native-euro-stablecoin-stellar #stablecoins #stellar #circle #euroc #euro #eurc
#Binance resumes services in Belgium via a Polish entity, following EU #crypto laws. Also, partners with MUFG to launch #stablecoins in Japan, requiring a Japanese license.
🔥Click Below to Read More🔥👇
https://coinpedia.org/news/binance-and-mufg-join-forces-to-introduce-stablecoins-to-the-japanese-market/
Tether Denies Links With Alleged Spokeswoman Alex Welch; Blasts ‘Tabloid’ News Outlets - A controversy surrounding Alex Welch, an alleged spokeswoman of Tether, the compan... - https://news.bitcoin.com/tether-denies-links-with-alleged-spokeswoman-alex-welch-blasts-tabloid-news-outlets/ #cryptocurrency #tether(usdt) #stablecoins #cryptonews #crypto #news
Crypto exchange Binance among firms eyeing new stablecoins in Japan - Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) a... - https://cointelegraph.com/news/binance-mitsubishi-orix-banks-seeks-launch-stablecoins-japan #stablecoins #payments #binance #japan #fiat #mutb #orix #yen
El mayor banco japonés recurre a #Binance para emitir #Stablecoins respaldadas por yenes
La institución financiera más grande de #Japón, #Mitsubishi UFJ Trust Bank, colaborará con Binance para emitir nuevas monedas estables de acuerdo con las nuevas regulaciones. El banco japonés ORIX Bank lanzará monedas estables respaldadas por yenes y dólares estadounidenses en 2024.
https://x.com/ismeidy/status/1706445069069299968?s=20
Liquid-Staking Token-Backed Stablecoin MKUSD Surges 27,000% in Under a Month - Since the start of 2023, the size of the stablecoin economy has decreased amid num... - https://news.bitcoin.com/liquid-staking-token-backed-stablecoin-mkusd-surges-27000-in-under-a-month/ #decentralizedfinance #cryptocurrency #stablecoins #crypto #defi
Study: Sub-Saharan Africa’s Bitcoin Transaction Volume Number One Globally, Data Indicates Shift Towards Stablecoins - Despite accounting for just 2.3% of global transaction volume, the latest data sho... - https://news.bitcoin.com/study-sub-saharan-africas-bitcoin-transaction-volume-number-one-globally-data-indicates-shift-towards-stablecoins/ #cryptocurrency #cryptoafrica #stablecoins #africa #crypto #btc
Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away? - Stablecoin market dominance has reached its lowest point in 18 months, according to a Mon... - https://cryptonews.com/news/stablecoin-market-dominance-hits-18-month-low.htm #whichstablecoinisthemostsecure #stablecoinmarketdominance #arestablecoinssafe #blockchainnews #stablecoins
Tether Calls Out WSJ ‘Tabloid Style’ Reporting, States Outlet ‘Disregarded’ Reporting Banking Industry Woes - Tether, the company behind the issuance of USDT, the largest stablecoin in the cry... - https://news.bitcoin.com/tether-calls-out-wsj-tabloid-style-reporting-states-outlet-disregarded-reporting-banking-industry-woes/ #cryptocurrency #cryptolending #tether(usdt) #stablecoins #crypto #news
Stablecoin Market Dominance Hits 18-Month Low: What's Driving Investors Away? - Stablecoin market dominance has reached its lowest point in 18 months, according to a Mon... - https://cryptonews.com/news/stablecoin-market-dominance-hits-18-month-low-whats-driving-investors-away.htm #whichstablecoinisthemostsecure #stablecoinmarketdominance #arestablecoinssafe #blockchainnews #stablecoins
Circle CEO Jeremy Allaire: Stablecoin Bill Unlikely to Be Signed Into Law - Jeremy Allaire, CEO of Circle, the issuer of USDC, the second-largest stablecoin i... - https://news.bitcoin.com/circle-ceo-jeremy-allaire-stablecoin-bill-unlikely-to-be-signed-into-law/ #cryptoregulation #stablecoins #blockchain #cryptolaws #cryptous #news
Stablecoin Ecosystem Holds Firm Despite Lackluster Activity - The stablecoin economy has remained relatively lackluster over the past 30 days, f... - https://news.bitcoin.com/stablecoin-ecosystem-holds-firm-despite-lackluster-activity/ #stablecoineconomy #cryptocurrencies #stablecoins #altcoins #crypto #tether
Debunking Crypto Myths: An Analysis of Kenyan Interior Minister’s Crypto Activity and Terror Funding Argument - Despite Kenyan Interior Minister Kithure Kindiki’s recent attempt to revive the ol... - https://news.bitcoin.com/debunking-crypto-myths-an-analysis-of-kenyan-interior-ministers-crypto-activity-and-terror-funding-argument/ #cryptocurrency #cryptoafrica #cyrptokenya #stablecoins #crypto #op-ed
American Bankers Association States a CBDC Is ‘Unnecessary’ and Presents ‘Unacceptable Risks’ to the US Financial System - The American Bankers Association (ABA), an organization that represents banks cust... - https://news.bitcoin.com/american-bankers-association-states-a-cbdc-is-unnecessary-and-presents-unacceptable-risks-to-the-us-financial-system/ #stablecoins #blockchain #cryptous #news #cbdc
Decentralized stablecoins could dominate crypto: MakerDAO founder - MakerDAO’s Rune Christensen says appropriate regulation will see ... - https://cointelegraph.com/news/decentralized-stablecoins-could-dominate-makerdao-founder #gamification #stablecoins #collateral #makerdao #endgame #defi #dai
Digital Trading Platform MetaComp Offers Clients Stablecoin-to-TradFi Security Path, Claiming Singapore First - Trading volume has climbed to around $50 million since the service was introduced last mo... - https://www.coindesk.com/business/2023/09/13/digital-trading-platform-metacomp-offers-clients-stablecoin-to-tradfi-security-path-claiming-singapore-first/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #treasurybills #regulations #stablecoins #investment #singapore #finance
One of the ultimate ironies of #crypto is: #stablecoins.... the whole value proposition of crypto is predicated on these tokens that are supposed to be proxies for USD, BUT they only hold value and can be turned into liquidity through their respective centralized authorities, who supposedly control the liquidity pool from which they can be redeemed.
Stablecoin Depegging Analysis, USDT Outperforms USDC
According to S&P Global analysts, dollar-pegged stablecoins are not immune to depegging, but some, such as Circle’s USD Coin and MakerDAO’s Dai, are more susceptible than others. In a September research paper, Drs. Cristina Polizu, Anoop Garg, and Miguel de la Mata delved into stablecoin valuation and depegging for the five prominent stablecoins Tether (USDT), Binance USD, Paxos (USDP),… https://coinxposure.com/en/stablecoin-depegging-analysis-usdt-outperforms-usdc.html?utm_source=dlvr.it&utm_medium=mastodon #News #Stablecoins #Adoption
Stablecoin de-pegging plagued USDC and DAI more than others: Analysts - Stablecoins from Circle and MakerDAO have been more unstable than... - https://cointelegraph.com/news/usdc-dai-depegged-more-than-usdt-sp-global-research #stablecoins #de-pegging #tether #circle #usdt #usdc #busd #dai
JPMorgan Mulls Blockchain-Based Deposit Token, Report - America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based ... - https://news.bitcoin.com/jpmorgan-mulls-blockchain-based-deposit-token-report/ #financialinstitution #cryptocurrencies #cryptocurrency #bankinggiant #deposittoken #digitaltoken #stablecoins #blockchain #stablecoin #jpmorgan #finance #jpmcoin #crypto #token #bank #coin
Tether Boasts $72.5 Billion US Treasury Exposure as Interest in National Debt Falters - Tether, the largest stablecoin in the cryptocurrency market, discussed how its lev... - https://news.bitcoin.com/tether-boasts-72-5-billion-us-treasury-exposure-as-interest-in-national-debt-falters/ #stablecoins #collateral #debtdemand #treasuries #exposure #usdollar #tether #usdebt #news
U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off - The U.S. is far from making any decision on a central bank digital currency (CBDC), said ... - https://www.coindesk.com/policy/2023/09/08/us-feds-vice-chair-barr-says-cbdc-decision-still-a-long-way-off/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #digitaldollar #regulations #stablecoins #michaelbarr #policy #circle #tether #paypal #fednow #news #cbdc
ECB Official Shares Digital Euro Progress, Concerns Over Paypal’s Stablecoin - European Central Bank (ECB) executive board member Fabio Panetta has warned about ... - https://news.bitcoin.com/ecb-official-shares-digital-euro-progress-concerns-over-paypals-stablecoin/ #ecbpaypalstablecoins #paypalstablecoin #ecbdigitaleuro #fabiopanetta #digitaleuro #stablecoins #regulation #paypal #ecb
Palau Halts Dollar Stablecoin Project
Palau, a country in the western Pacific Ocean, is wrapping up its United States dollar stablecoin initiative after launching the pilot in August. Ay Hunter, a member of the Palau Ministry of Finance and director of the digital residency program, announced on X (previously Twitter) that the government will stop distributing the Palau Stablecoin (PSC) on September 8. After the 15th of September, users… https://coinxposure.com/palau-halts-dollar-stablecoin-project.html?utm_source=dlvr.it&utm_medium=mastodon #News #Stablecoins #Adoption
IMF, FSB release joint policy recommendations for crypto assets - The policy paper includes recommendations for regulating activiti... - https://cointelegraph.com/news/imf-fsb-release-joint-crypto-policy-recommendations #stablecoins #regulation #crypto #de-fi #imf #fsb
📈 Crypto markets surged with volatility as Bitcoin & Ethereum swayed. Analyzing fund flow dynamics between $BTC, $ETH, and #Stablecoins: Aggregate Realized Value revealed $55B exited in August, signaling changing investor sentiment. #Crypto
https://www.tronweekly.com/bitcoins-bounty-dominating-digital-capital-flow/
#Visa expands its cross-border transactions to Solana, widens USDC payment capability. #Solana users meanwhile fell to the lowest level in the past two years. #blockchain #crypto #cryptocurrencies #ethereum #stablecoins #circle @visa @Solana @crypto @ethereum
https://www.news-cafe.eu/?go=news&n=12886
Visa Expands Stablecoin Settlement to Solana and Merchant Acquirers - Visa is taking a step in advancing digital currency adoption by expanding its stab... - https://news.bitcoin.com/visa-expands-stablecoin-settlement-to-solana-and-merchant-acquirers/ #headofcryptoatvisa #digitalcurrency #capabilities #cuysheffield #advancement #philipfayer #stablecoins #blockchain #broadening #jimjohnson #settlement #stablecoin #expansion #financial #adoption #movement #worldpay #finance #network #solana
Want to Know What is the future of Stable coins in the United States? 🤔
#Stablecoins are small in the #finance market but face big #regulatory uncertainty, impacting financial innovation and U.S. dollar's global standing.😱
🔥Don't Miss this interesting information🔥
https://coinpedia.org/news/stablecoins-at-risk-amid-regulatory-confusion-paul-grewals-insight/
La oferta circulante de $BUSD respaldada por #Binance cae a menos de 3.000 millones de dólares
Binance ha estado instando a sus usuarios a utilizar #stablecoins alternativas ante la inminente desaparición de #BUSD.
https://twitter.com/ismeidy/status/1698717802666819851?s=20
"Ordinals protocol reignites Bitcoin’s capabilities, creating potential for altcoin’s downfall."
Full article: https://news.satoshis.tech/2023/09/02/ordinals-protocol-the-new-frontier-transforming-bitcoin-utility
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#Altcoins #Bitcoin #BitcoinBlockchain #BitcoinMaximalists #BRC20Tokens #CaseyRodarmor #CryptoEconomy #Cryptocurrency #CryptocurrencyInvestment #Decentralization #DecentralizedTrading #DigitalArtifacts #DigitalAssets #NFTs #Ordinals #OrdinanceTheory #Stablecoins #TradingVolume #Xverse
Stablecoins Can Provide an Escape From High-Inflation Currencies: Brevan Howard Digital - Usage has shown a low correlation with crypto exchange volumes, which suggests that signi... - https://www.coindesk.com/markets/2023/09/01/stablecoins-can-provide-an-escape-from-high-inflation-currencies-brevan-howard-digital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #brevanhoward #stablecoins #inflation #markets #news
Lira-Backed TRYB Token Becomes World's Second-Largest Non-Dollar-Pegged Stablecoin - The market cap of BiLira's TRYB token has increased more than 300% to $136.10 million, th... - https://www.coindesk.com/markets/2023/09/01/lira-backed-tryb-token-becomes-worlds-second-largest-non-dollar-pegged-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoins #markets #turkey #news #lira
Circle Partners With Mercado Pago to Offer USDC to Chilean Customers - Circle, a financial services company, has announced a new partnership with Mercado... - https://news.bitcoin.com/circle-partners-with-mercado-pago-to-offer-usdc-to-chilean-customers/ #digitaldollar #mercadolibre #mercadopago #stablecoins #adoption #circle #chile #latam #news #usdc
Binance stops supporting BUSD due to US regulations. Users should convert BUSD to other #stablecoins. Binance faces #regulatory issues.
Want to Know What's the reason behind #Binance discontinuing #BUSD support in the US?
Click here to read this : https://coinpedia.org/news/binance-to-cease-busd-operations-by-february-2024-urges-users-to-convert-to-other-stablecoins/
Massive TrueUSD Minting Sends Shockwaves in Crypto Community
Earlier today, in an unexpected turn of events, hundreds of millions of TrueUSD (TUSD) stablecoins were minted at multiple unidentified wallets. Today, the on-chain data tracker Whale Alert reported on X (previously Twitter) that four unidentified wallets mined nearly 54 million TUSD per wallet over 30 minutes. The abrupt minting of more than 213 million TUSD took the… https://coinxposure.com/massive-trueusd-minting-sends-shockwaves-in-crypto-community.html?utm_source=dlvr.it&utm_medium=mastodon #Binance #Cryptocurrency #Stablecoins
Crypto Analyst Predicts Stablecoin Adoption Boom Even in Face of Hostile Regulation - Jamie Coutts, an analyst from Bloomberg Intelligence, has predicted that stablecoi... - https://news.bitcoin.com/crypto-analyst-predicts-stablecoin-adoption-boom-even-in-face-of-hostile-regulation/ #jamiecoutts #stablecoins #bloomberg #adoption #ethereum #paypal #pyusd #news #visa
Governments See CBDCs Making Their Countries ‘More Economically and Financially Efficient’ — Venom Foundation CEO - According to Louis Tsu, the CEO of Venom Foundation, governments that are seeking ... - https://news.bitcoin.com/governments-see-cbdcs-making-their-countries-more-economically-and-financially-efficient-venom-foundation-ceo/ #centralbankdigitalcurrency(cbdc) #crossborderpayment #venomfoundation #remittances #stablecoins #interview #louistsu #paypal
Stablecoins Thrive Amidst Crypto Market Challenges
According to a new report by European hedge fund manager Brevan Howard, stablecoin transaction adoption continued to grow in 2018 despite enormous capital outflows from the broader crypto market. The stablecoin market concluded at over $11 trillion in 2022, and over 25 million blockchain addresses held over $1 in stablecoins, according to analysts. Co-authored by Venture… https://coinxposure.com/stablecoins-thrive-amidst-crypto-market-challenges.html?utm_source=dlvr.it&utm_medium=mastodon #Stablecoins #Cryptocurrency #Stablecoin
🚀 Coinbase is making waves in the world of stablecoins! 💱 Exciting news as they now list PayPal USD (PYUSD) stablecoin, underlining the increasing mainstream adoption. 🔥 Other major players like Kraken are also joining the trend, recognizing the huge potential of PYUSD. 🌐 PYUSD's value is rooted in the solid U.S. financial system, backed by short-term treasury bills and cash equivalents for ultimate reliability. ⚖️ #CryptoNews #Stablecoins #Crypto #PayPal #Coinbase
https://www.tronweekly.com/coinbase-to-add-paypals-pyusd-stablecoins-grows/
Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market - Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currenc... - https://www.coindesk.com/business/2023/08/24/colombian-peso-stablecoin-goes-live-on-polygon-aiming-for-10b-remittances-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoins #remittances #finance #news
New Zealand is ‘Cautious’ on Crypto While Singapore Takes Proactive Approach to Regulate Stablecoins - Stakeholders in New Zealand are advocating for a gradual and meticulous strategy in regul... - https://cryptonews.com/news/new-zealand-cautious-crypto-while-singapore-takes-proactive-approach-regulate-stablecoins.htm #cryptoregulation #blockchainnews #stablecoins #newzealand #singapore
Shopify Customers Can Now Pay In USDC Via Solana Pay - Solana Pay, the payment protocol built on the Solana blockchain, is now plugged into e-co... - https://www.coindesk.com/tech/2023/08/23/shopify-customers-can-now-pay-in-usdc-via-solana-pay/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #paymentsnetwork #stablecoins #technology #shopify #solana #circle #news #usdc
"Financial firms eye CBDCs as viable solution for faster settlement cycles, Citi report reveals."
Full article: https://news.satoshis.tech/2023/08/23/securities-firms-eye-cbdcs-for-accelerated-settlements/
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#CBDCs #CentralBankDigitalCurrencies #CitiSecuritiesServicesEvolution #DigitalAssetAdoption #DigitalBankingTransformation #DistributedLedgerTechnology #FinancialInstitutions #FinancialSettlementCycles #FutureVision #India #RegulatoryUncertainties #ReserveBankOfAustralia #SecuritiesFirms #Stablecoins #T+1Settlements
Coinbase Buys a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains - The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Cir... - https://www.coindesk.com/business/2023/08/21/coinbase-buys-a-stake-in-stablecoin-operator-circle-and-usdc-adds-6-new-blockchains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoins #exclusive #coinbase #finance #circle #news #usdc
Latam Insights — Javier Milei’s Victory Divides Argentina; Bitso Launches Cross-Border Institutional Payment Service - Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto an... - https://news.bitcoin.com/latam-insights-javier-mileis-victory-divides-argentina-bitso-launches-cross-border-institutional-payment-service/ #dollarization #javiermilei #stablecoins #argentina #argentine #inflation #mexico #tether #bitso #news #usdt #imf
Argentines Flock to Stablecoins Amidst Record Devaluation Numbers - Argentines are flocking to purchase stablecoins to protect their savings as the pe... - https://news.bitcoin.com/argentines-flock-to-stablecoins-amidst-record-devaluation-numbers/ #peer-to-peer #javiermilei #stablecoins #argentines #argentina #news #usdt
Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users - The exchange expanded its services in Canada earlier this week. - https://www.coindesk.com/business/2023/08/17/coinbase-will-suspend-usdt-dai-and-rai-trading-for-canadian-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoins #coinbase #finance #canada #news #usdt #dai
Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens - The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring t... - https://news.bitcoin.com/singapore-announces-stablecoin-rules-mas-to-label-regulated-tokens/ #regulatoryframework #monetaryauthority #stablecoinissuers #cryptocurrencies #stablecoinrules #cryptocurrency #requirements #centralbank #regulations #stablecoins #regulation #stablecoin #singapore #terrausd #crypto #label #rules #mas
"CEO Warns Crypto Regulations May Stifle US Economic Growth"
Full article: https://news.satoshis.tech/2023/08/13/ceo-warns-crypto-regulations-may-stifle-us-economic-growth/
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#ARKInvestmentManagement #BitcoinETFs #BradGarlinghouse #CryptoCommodities #CryptoRegulation #CryptoSecurities #DigitalAssets #FinancialInnovationAndTechnologyForThe21stCenturyAct #GrayscaleInvestments #HouseFinancialServicesCommittee #RegulatoryClarity #Ripple #SecuritiesAndExchangeCommission #Stablecoins #USEconomy
Former US OCC Officials: ‘Stablecoins Can Keep the Dollar the World’s Reserve Currency’ - Brian Brooks and Charles Calomiris, former officials at the U.S. Office of the Com... - https://news.bitcoin.com/former-us-occ-officials-stablecoins-can-keep-the-dollar-the-worlds-reserve-currency/ #comptrollerofthecurrency #charlescalomiris #dedollarization #patrickmchenry #brianbrooks #devaluation #stablecoins #regulation #inflation #news
#PayPal Ingresa al Mundo de #Stablecoins con PYUSD en #Ethereum. ¿Nueva Era Financiera?
Singapore Red Cross Says It Now Accepts Crypto Donations - Well-wishers who want to financially support the Singapore Red Cross can now do so... - https://news.bitcoin.com/singapore-red-cross-says-it-now-accepts-crypto-donations/ #acceptingcryptodonations #benjaminwilliam #cryptodonations #digitalassets #stablecoins #featured #triplea #usdt #btc #eth
Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin - The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a ... - https://www.coindesk.com/policy/2023/08/09/congresswoman-maxine-waters-says-shes-deeply-concerned-about-paypals-new-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #maxinewaters #stablecoins #policy #paypal #news
Avec près de quatre millions de détenteurs de crypto-monnaies, la France devance l'Allemagne et l'Espagne. En deux ans, 1,8 million d'investisseurs supplémentaires ont décidé d'investir dans le secteur en France.
www.flashlly.com/fr
#Flashlly #cryptomonnaie #plateforme #échange #stablecoins #crypto #toureiffel #france #europe #cryptotrading #flashllyers
KaikoData Report, stablecoins now account for a staggering 74% of all #cryptocurrency trades on centralized exchanges (CEXs).
https://www.tronweekly.com/crypto-market-structure-volatility-dominance/
Regulate Stablecoins to Protect USD Reserve CEO Warns
The status of the United States dollar as a global reserve currency will be jeopardized if Congress does not swiftly regulate stablecoins, the CEO of Circle warns. On July 13, Jeremy Allaire appeared in a two-minute video for legislators produced by Circle, the issuer of USD Coin. It comes as bipartisan digital asset-specific legislation was reintroduced to Congress on July 12, 2022,… https://coinxposure.com/regulate-stablecoins-to-protect-usd-reserve-ceo-warns.html?utm_source=dlvr.it&utm_medium=mastodon #News #Stablecoins #USDollar
Bitcoin: Wie Stablecoins den BTC-Preis beeinflussen https://www.btc-echo.de/news/bitcoin-wie-stablecoins-den-btc-preis-beeinflussen-167434/ #Stablecoins #Bitcoin #Tether #USDC
Diese Wissenschaftler fordern einen Stablecoin in Hongkong https://www.btc-echo.de/schlagzeilen/wissenschaftler-fordern-stablecoin-hongkong-167075/ #Stablecoins #Stablecoin #Hongkong
HK Urged to Launch Stablecoin
Cryptocurrency and blockchain proponents have penned a report urging the Hong Kong government to issue a stablecoin pegged to the local dollar, which could challenge the dominance of Tether and USD Coin. According to an English translation of a report published on July 3 by Chinese crypto reporter Colin Wu, four individuals associated with financial innovation proposed that the government issue a HKDG (Hong… https://coinxposure.com/hk-urged-to-launch-stablecoin.html?utm_source=dlvr.it&utm_medium=mastodon #News #Stablecoins #HongKong
Krypto-News: Das sind die 5 wichtigsten Neuigkeiten der Woche https://www.btc-echo.de/news/krypto-news-das-sind-die-5-wichtigsten-neuigkeiten-der-woche-33-166539/ #Krypto-Regulierung #Stablecoins #Binance #Szene #SEC
SAP: Technologiekonzern testet Stablecoins für Zahlungen https://www.btc-echo.de/news/sap-technologiekonzern-testet-stablecoins-fuer-zahlungen-166494/ #Unternehmen #Deutschland #Stablecoins
Japan passed a law to regulate #stablecoins as “digital money” Only licensed banks, trust firms, and registered money transfer providers can issue stablecoins. #MUFG is in talks with firms to launch stablecoins on its #blockchain platform.
#Crypto #News
https://www.tronweekly.com/stablecoins-come-existence-japans-banking-giant/
FED Chairman Jerome Powell underscored the need for a robust federal role in creating a comprehensive regulatory framework for #stablecoins.
Tether-CTO im Interview: "Wir haben nichts zu verbergen" https://www.btc-echo.de/news/tether-cto-im-interview-wir-haben-nichts-zu-verbergen-166452/ #Stablecoins #Regulierung #Bitcoin
Tether (USDT): Was ist bei dem Stablecoin los? https://www.btc-echo.de/news/tether-usdt-was-ist-bei-dem-stablecoin-los-166264/ #Stablecoins #Tether #USDT
Senator Cynthia Lummis of the United States has stated that her efforts to press for a positive crypto regulatory framework are ongoing, with the rapid evolution and growing adoption of cryptocurrencies adding to their urgency. Lummis was praised on CryptoTwitter for her commitment to establishing a regulatory framework to facilitate the ownership and trading of digital assets in the United States. Her tweet serves as a reminder of… https://coinxposure.com/senator-lummis-continues-push-for-positive-crypto-regulation.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptocurrency #Stablecoins #Adoption
Japan is coming back to Crypto & Web3 with Jin Kang from Global Coin Research
#web3#crypto#dao #japan #gaming #cryptonews #stablecoins#startups #cryptotrends #japancrypto
Main Site: https://www.analyse.asia/the-market-investment-trends-on-web3-and-crypto-with-global-coin-research/
Full Youtube Video: https://youtu.be/aZ3xG486dC8
Newsletter Signup: https://www.analyse.asia/#/portal/signup
According to an official court release, the State Prosecutor’s office’s appeal against an earlier parole agreement was rejected, allowing Do Kwon and Terraform Labs’ chief financial officer Han Chang-Joon to remain under house arrest in the country pending further legal proceedings. The court reaffirmed the bail conditions from the May 12 hearing, requiring each defendant to pay $436,000 (400,000 euros) to be released from detention.… https://coinxposure.com/terraform-labs-executives-remain-under-house-arrest.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptocurrency #Stablecoins #DoKwon
The dominance of stablecoins pegged to the U.S. dollar on the market has shifted over the past year. According to CoinGecko data, Tether has climbed back to its all-time high, while the majority of cryptocurrencies are experiencing a decline. In the past year, Circle’s USD Coin market share has decreased from 34.88 percent to 23.05 percent as of the time of writing. In the same period, Binance USD market participation fell from 11.68%… https://coinxposure.com/tether-surges-as-other-stablecoins-decline-in-market-share.html?utm_source=dlvr.it&utm_medium=mastodon #Binance #Blockchain #Stablecoins
Strike, a digital payment platform, has incorporated Tether’s USDT stablecoin into its system, as stated in a press release on May 22. This integration intends to facilitate swift, secure, and effective transactions for Strike users while promoting the utilization and acceptance of USDT. On the Bitcoin lightning network, Strike enables users to transfer BTC globally with exceptional speed. With the addition of USDT, this payment… https://coinxposure.com/tethers-usdt-supports-strike-transactions.html?utm_source=dlvr.it&utm_medium=mastodon #BitcoinNews #News #Stablecoins
#Binance, has announced that it will be withdrawing from the Canadian marketplace due to new guidance related to stablecoins and investor limits provided to crypto exchanges.
#Crypto #CryptoNews #StableCoins #Web3 #CryptoCurrency #BlockChain
"Without VC funding, there’s a good chance that #stablecoins would disappear — and that we’d all be a lot better off."
Via Prof. Hilary Allen
https://www.ft.com/content/baba1a78-300a-4b3b-8481-71566ad98f59
@molly0xfff
Looks like the CEXs were not prepared to absorb the massive off ramp of #stablecoins by Whales. There are audits that USDC is pegged at 110% fiat. So isn't this more of a temporary #liquidity problem?
#Stablecoins und #NFTs: #Großbritannien will führend beim #Kryptogeld werden
https://www.heise.de/news/Stablecoins-und-NFTs-Grossbritannien-will-fuehrend-beim-Kryptogeld-werden-6663845.html?wt_mc=rss.red.ho.ho.atom.beitrag.beitrag
Liebe Freunde in GB: ihr habt spätestens seit dem #Brexit einen besonderen Lauf an schlechten Ideen. 🤷♂️
Fed chair Jerome Powell says he isn't concerned about crypto disrupting financial stability in the US
https://cointelegraph.com/news/fed-chair-jerome-powell-says-he-isn-t-concerned-about-crypto-disrupting-financial-stability-in-the-us
#cryptocurrencies #federalreserve #unitedstates #jeromepowell #stablecoins #regulation #government
EU-Kommission für Open Banking und strenge Regeln für Krypto-Währungen
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10) user can send $ and the receiver gets € (pick your currencies) where the network will do the conversion based on the spot price. It is atomic, i.e. sender never holds €, receiver never holds $, so no loss to volatility
11) we already have many #stablecoins that reduce the cost of remittances with many more coming online (original use case of #bitcoin). They can achieve this because of the faster block/ledger time (7), lower fees (8), no volatility (9), flexibility of swapping tokens (10)
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7) #Stellar has a 5 second ledger close time (single confirmation) vs 10 mins for #BTC (multiple confirmations), a few mins for #ETH
8) the fees is very low, about $1 will support 1.5 million transactions! Much cheaper than #btc or #eth
9) you can issue #stablecoins directly on Stellar without writing any code. #Tokens are a first class citizen on the network. This ensures that $1 sent is $1 received without any volatility, unlike sending via BTC as the intermediary which has more friction