Stablecoin

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)

Tether Disputes Report of Stablecoin Being Used for Illicit Activities
Tether Disputes Report of Stablecoin Being Used for Illicit Activities
October 27, 2023  |  Cryptocurrency

Tether has disputed a media report that its stablecoin is increasingly being used for illicit activities. The Wall Street Journal (WSJ) reported Friday (Oct. 27) that the stablecoin...

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Circle and Coins.ph Partner to Promote USDC Use in Philippines
Circle and Coins.ph Partner to Promote USDC Use in Philippines
October 11, 2023  |  Cryptocurrency

Circle Internet Financial and Coins.ph, a cryptocurrency exchange and digital wallet provider, have announced a partnership to promote financial inclusion through remittances in the Philippines. The collaboration...

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Tether Sees Market Cap Drop Amid Broader Stablecoin Troubles
Tether Sees Market Cap Drop Amid Broader Stablecoin Troubles
September 03, 2023  |  Cryptocurrency

Tether has seen its market capitalization fall for the first time in nine months amid a shaky stablecoin market. Tether’s USDT token’s market cap fell 1.2%...

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Binance.US Partners With MoonPay to Convert Dollars to Tether
Binance.US Partners With MoonPay to Convert Dollars to Tether
August 22, 2023  |  Cryptocurrency

To regain access to a steady flow of dollars, Binance.US, the American arm of the cryptocurrency exchange, has teamed up with MoonPay, a payment startup....

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Colombia Central Bank Backs Spending Limits on Retail CBDCs 
Colombia Central Bank Backs Spending Limits on Retail CBDCs 
August 18, 2023  |  CBDC

The push toward central bank digital currencies seems an inexorable one. But among the issues that remain to be sorted out are the parameters of...

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HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
August 09, 2023  |  Blockchain

The top Democrat on the House Financial Services Committee (HFSC), Rep. Maxine Waters, said she is “deeply concerned” about PayPal’s decision to launch a stablecoin....

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PayPal USD Debuts as Stablecoin’s Role in Commerce Remains Uncertain
PayPal USD Debuts as Stablecoin’s Role in Commerce Remains Uncertain
August 07, 2023  |  Cryptocurrency

PayPal’s introduction of a U.S. dollar-pegged stablecoin opens the door to a wider discussion of where the digital offerings’ place lies within commerce. As has...

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PayPal Debuts Stablecoin Pegged to US Dollar
PayPal Debuts Stablecoin Pegged to US Dollar
August 07, 2023  |  Cryptocurrency

PayPal has introduced a U.S. dollar-pegged stablecoin amid new regulations around digital currencies. Announced Monday (Aug. 7), PayPal USD is “designed to contribute to the opportunity...

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House Financial Services Chairman Calls for Governance Limits and Clarity for Stablecoins
House Financial Services Chairman Calls for Governance Limits and Clarity for Stablecoins
July 27, 2023  |  Cryptocurrency

House Financial Services Committee (HFSC) Chairman Patrick McHenry aims to reduce the influence of environmental, social and governance (ESG) initiatives in financial markets. In opening remarks for the committee’s markup of the...

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