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

TerraUSD’s Price Collapse Shows Vulnerability of Dollar-Pegged Cryptos

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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Stablecoin Issuer Circle Lobbies UK Ahead of Crypto Regulations
Stablecoin Issuer Circle Lobbies UK Ahead of Crypto Regulations
April 10, 2022  |  Cryptocurrency

Circle has been conducting several “state visits” to the United Kingdom for the past year, looking at how to expand its business there, Bloomberg wrote...

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Yellen Speech on Crypto Calls for New, Faster Payments System
Yellen Speech on Crypto Calls for New, Faster Payments System
April 07, 2022  |  Cryptocurrency

Even though there will be no policy bombshells in Treasury Secretary Janet Yellen’s first speech focused entirely on digital assets, the need to build better...

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Today in FinTech: Advent Snaps Up Mangopay; UK Green Lights Stablecoins; Worldpay Offers USDC Settlement
Today in FinTech: Advent Snaps Up Mangopay; UK Green Lights Stablecoins; Worldpay Offers USDC Settlement
April 06, 2022  |  Cross-border Payments

In today’s FinTech News, private equity investor Advent International is taking a majority stake in Mangopay, while Worldpay is on track to offer merchants settlement...

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Citi’s Magical MetaFi Tour Predicts a $13T Metaverse Financial System, Infinite Payment Rails by 2030
Citi’s Magical MetaFi Tour Predicts a $13T Metaverse Financial System, Infinite Payment Rails by 2030
April 04, 2022  |  Metaverse

By 2030, 5 billion people — more than half the world’s population — will be trading in daily drudgery for the metaverse’s 3D immersive virtual...

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Speculators Are Betting Stablecoin Tether Will Lose Value
Speculators Are Betting Stablecoin Tether Will Lose Value
April 03, 2022  |  Cryptocurrency

Short sellers have been betting against the stablecoin Tether, which a Wall Street Journal report notes has a price that shouldn’t move. Get the Full...

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