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)

White House Economic Report Shifts Stance on Crypto From Neutral to Negative
White House Economic Report Shifts Stance on Crypto From Neutral to Negative
March 23, 2023  |  Cryptocurrency

It’s increasingly looking like the fed is trying to put the crypto sector to bed. This, as a new report authored by the White House Council...

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FinTech Circle Applies for French License and Registration to Deploy its EUROC Stablecoin
FinTech Circle Applies for French License and Registration to Deploy its EUROC Stablecoin
March 21, 2023  |  Regulation

Circle is furthering its embrace of regulation by applying for approvals in France. The digital financial technology firm has filed applications in France to become a...

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Banking Crisis Contagion Spreads to Crypto
Banking Crisis Contagion Spreads to Crypto
March 16, 2023  |  Cryptocurrency

Crypto has gone off the rails – quite literally.  Just not in the way industry observers and critics may have first thought or expected. Rather,...

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Circle’s Troubles Could Stoke Demand for Regulation of Stablecoins
Circle’s Troubles Could Stoke Demand for Regulation of Stablecoins
March 13, 2023  |  Cryptocurrency

There could be greater demand for regulation of stablecoins after USDC briefly lost its dollar peg. Regulators had already been looking at stablecoins, and the...

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Circle Promises to Cover $3.3 Billion Held at Silicon Valley Bank
Circle Promises to Cover $3.3 Billion Held at Silicon Valley Bank
March 12, 2023  |  Cryptocurrency

Circle says it is confident it will recover $3.3 billion in reserves held at Silicon Valley Bank. The announcement Saturday (March 11) led Circle’s USDC...

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Can Crypto’s Value Proposition Ever Translate Into Real Value?
Can Crypto’s Value Proposition Ever Translate Into Real Value?
March 07, 2023  |  Cryptocurrency

In crypto’s post-FTX landscape, one thing is becoming increasingly clear as the dust settles.   Either the U.S. has a crypto problem, or the digital asset...

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Tether Holdings Allegedly Used Falsified Documents to Access Banking System
Tether Holdings Allegedly Used Falsified Documents to Access Banking System
March 03, 2023  |  Cryptocurrency

Companies behind the tether stablecoin allegedly used falsified documents to access the banking system, according to a report. In 2018, after Wells Fargo had stopped...

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Coinbase Suspends Trading of Rival Binance’s BUSD Stablecoin 
Coinbase Suspends Trading of Rival Binance’s BUSD Stablecoin 
February 27, 2023  |  Cryptocurrency

Crypto exchange Coinbase is dropping the Binance-branded BUSD stablecoin from its platform. According to a tweet posted Monday (Feb. 27) by Coinbase, the BUSD stablecoin failed to...

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SEC Stablecoin Actions Take Aim at Crypto Market Backbone
SEC Stablecoin Actions Take Aim at Crypto Market Backbone
February 22, 2023  |  Cryptocurrency

Gary Gensler’s 2023 resolution must have been to reign in the crypto industry. This, as the U.S. Securities and Exchange Commission (SEC) chairman has issued...

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