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

Did Stablecoin’s Collapse Pose Broader Threat? BoA, Goldman Disagree

Did Stablecoin’s Collapse Pose Broader Threat? BoA, Goldman Disagree
Did Stablecoin’s Collapse Pose Broader Threat? BoA, Goldman Disagree
May 24, 2022  |  Cryptocurrency

The collapse of the TerraUSD stablecoin didn’t just drain $45 billion from investors following a run earlier this month. It raised questions about the stability...

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Banking Trade Groups Sour on Digital Dollar, Citing Drain on Credit
Banking Trade Groups Sour on Digital Dollar, Citing Drain on Credit
May 23, 2022  |  CBDC

Wall Street lenders want the U.S. government to slow down on their plans for a digital dollar, Bloomberg reported Monday (May 23). Get the Full...

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12 Years On, Bitcoin Pizza Day Finally Sees Crypto Payments Gain Traction
12 Years On, Bitcoin Pizza Day Finally Sees Crypto Payments Gain Traction
May 23, 2022  |  Bitcoin

Sunday was Bitcoin Pizza Day, the annual crypto industry holiday celebrating the first known use of bitcoin as a payments currency. Get the Full Story...

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G-7 Leaders Cold on Crypto, Warm on CBDCs
G-7 Leaders Cold on Crypto, Warm on CBDCs
May 23, 2022  |  Regulation

The finance ministers and central bank governors from the G-7 met in Germany last week to discuss global economic issues, including cryptocurrencies and central bank...

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Coinbase Cuts Down on AWS, Other Services to Trim Costs
Coinbase Cuts Down on AWS, Other Services to Trim Costs
May 19, 2022  |  Cryptocurrency

Coinbase, facing declining revenues, is putting a pause on new business projects, a report from The Information said Thursday (May 19). Get the Full Story...

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$45B Stablecoin Rout Confirms Worst Fears about Crypto’s Need for Reserves
$45B Stablecoin Rout Confirms Worst Fears about Crypto’s Need for Reserves
May 19, 2022  |  Cryptocurrency

The spectacular collapse of a top-three stablecoin last week has erased $45 billion and left crypto with a confidence crisis that goes far deeper. Get...

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TerraUSD’s Price Collapse Shows Vulnerability of Dollar-Pegged Cryptos
TerraUSD’s Price Collapse Shows Vulnerability of Dollar-Pegged Cryptos
May 10, 2022  |  Digital Payments

TerraUSD, one of the largest stablecoins in crypto, may have escaped a classic bank-run-style death spiral Monday night (May 9) thanks to a massive cash...

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Emerging Markets See Stablecoins as Viable Alternative to Bitcoin
Emerging Markets See Stablecoins as Viable Alternative to Bitcoin
May 04, 2022  |  Cryptocurrency

Shortly after legalizing the use of cryptocurrency, the Central African Republic (CAR) recently became the second country in the world, after El Salvador, to adopt...

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Circle Getting Closer to Applying for Digital Bank License
Circle Getting Closer to Applying for Digital Bank License
April 13, 2022  |  Cryptocurrency

Circle Internet Finance says it’s getting close to applying to become a digital bank in the U.S., even as regulators make it harder for crypto...

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