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)

Regulators’ Stablecoin Warnings Open Door for Digital Dollar, Tokenized Deposits
Regulators’ Stablecoin Warnings Open Door for Digital Dollar, Tokenized Deposits
January 03, 2023  |  Regulation

Warnings on stablecoins from a trio of regulators may cause banks to seek digital alternatives instead. And digital dollars (aka CBDCs) and tokenized deposits issued...

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Japan Could Reverse Ban on Foreign Stablecoins
Japan Could Reverse Ban on Foreign Stablecoins
December 27, 2022  |  Regulation

Japan is reportedly readying regulations that would let foreign stablecoins list on the country’s exchanges. According to a Monday (Dec. 26) report by Japan’s Nikkei...

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Bank-to-Bank Digital Currency Poses Threat to Stablecoin Appeal 
Bank-to-Bank Digital Currency Poses Threat to Stablecoin Appeal 
December 19, 2022  |  Cryptocurrency

A bank-to-bank digital currency may threaten the appeal of traditional, privately-issued stablecoins. News came last month that the New York Fed has seen the benefits of such...

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Bank-Issued Tokenized Deposits Gain Support Amid Bad Stablecoin and Crypto News
Bank-Issued Tokenized Deposits Gain Support Amid Bad Stablecoin and Crypto News
December 15, 2022  |  Cryptocurrency

Bad crypto news has brought a big opportunity for traditional banks to advance tokenized deposits. Add in the unreliable, peg-breaking status of so-called stablecoins, as...

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Binance Audit Raises Red Flags From Own Team
Binance Audit Raises Red Flags From Own Team
December 12, 2022  |  Cryptocurrency

Consumers are hungry for reassurance as fear, uncertainty and doubt pollute the crypto landscape. At the same time, the crypto industry is equally eager to...

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Jewel Bank Launches Stablecoin-Based Payment Services
Jewel Bank Launches Stablecoin-Based Payment Services
December 12, 2022  |  Cryptocurrency

Jewel Bank has launched stablecoin-based payment services backed by bank deposits.  These services leverage the Polygon ecosystem, Jewel Bank said in a Monday (Dec. 12)...

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UK Government Accelerates CBDC Exploration
UK Government Accelerates CBDC Exploration
December 09, 2022  |  News

The U.K. government will bring forward a CBDC consultation “in the coming weeks.” The revelation was made by the Chancellor of the Exchequer Jeremy Hunt...

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Tether Stablecoins Face Renewed Scrutiny Post-FTX
Tether Stablecoins Face Renewed Scrutiny Post-FTX
December 01, 2022  |  Cryptocurrency

Tether, an asset-backed cryptocurrency stablecoin, has been lending its coins to customers. That’s according to a new report by the Wall Street Journal (WSJ) today (Dec. 1)....

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Will Defi’s Stablecoin Dependence Prove Deadly?
Will Defi’s Stablecoin Dependence Prove Deadly?
November 17, 2022  |  Blockchain

The collapse of FTX raises some existential questions: Not just about that company, not just about cryptocurrencies, but of decentralized finance (DeFi) as well. At...

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