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

UK Treasury to Introduce Stablecoin Regulation Within Weeks

UK Treasury to Introduce Stablecoin Regulation Within Weeks
UK Treasury to Introduce Stablecoin Regulation Within Weeks
July 06, 2022  |  Cryptocurrency

The U.K. Treasury is planning legislation to establish a regulatory system for stablecoins, to come as early as August, Coindesk reported Wednesday (July 6). Get...

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CryptoRefills Adds EUROC Stablecoin Support
CryptoRefills Adds EUROC Stablecoin Support
June 30, 2022  |  Cryptocurrency

CryptoRefills announced Thursday (June 30) that it is adding Circle’s new euro-backed digital currency, EUROC, to its list of supported cryptocurrencies.  Get the Full Story...

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NY Community Bancorp to Be Custodian of Circle’s USDC Reserves
NY Community Bancorp to Be Custodian of Circle’s USDC Reserves
June 28, 2022  |  Cryptocurrency

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...

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EU Reportedly Proposing Ban on Stablecoin Deposit Interest
EU Reportedly Proposing Ban on Stablecoin Deposit Interest
June 27, 2022  |  Cryptocurrency

The European Union will look into banning crypto platforms from charging interest on stablecoin deposits, said tweets from Patrick Hansen, head of strategy at Unstoppable...

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EMEA Daily: eCommerce Car Retailer Cazoo Moves Into Italian Market
EMEA Daily: eCommerce Car Retailer Cazoo Moves Into Italian Market
June 22, 2022  |  Europe

In today’s top stories from Europe, the Middle East and Africa, online car retailer Cazoo has moved into Italy with its eCommerce car-buying and -selling...

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SEC Investigates TerraUSD Marketing
SEC Investigates TerraUSD Marketing
June 09, 2022  |  Cryptocurrency

The U.S. Securities and Exchange Commission (SEC) is looking into the collapse of the TerraUSD stablecoin and whether its marketing violated federal investor protection regulations,...

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Industry Watchers Predict Crypto Battle for Survival Ahead
Industry Watchers Predict Crypto Battle for Survival Ahead
June 09, 2022  |  Cryptocurrency

A shakeout is coming to the roughly 19,000 cryptocurrencies battling for a piece of the blockchain pie, according to industry insiders like Ripple CEO Brad...

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Do Crypto VCs Fuel a Land Rush Mentality that Crushes Investors?
Do Crypto VCs Fuel a Land Rush Mentality that Crushes Investors?
June 01, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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