stablecoins

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)

This Week in Web3: Bitcoin Halving, Stablecoins, Bankman-Fried
This Week in Web3: Bitcoin Halving, Stablecoins, Bankman-Fried
April 17, 2024  |  Blockchain

The bitcoin halving is imminent, and crypto is on everyone’s mind this week. That’s because the technical event, which happens every four years and serves...

READ MORE >
Senators Unveil Bipartisan Bill Outlawing Algorithmic Stablecoins
Senators Unveil Bipartisan Bill Outlawing Algorithmic Stablecoins
April 17, 2024  |  Cryptocurrency

Two U.S. lawmakers have introduced legislation to govern the use of stablecoins. The legislation, announced Wednesday (April 17) by Sen. Kirsten Gillibrand (D-N.Y.) and Sen. Cynthia Lummis (R-Wyo.) would...

READ MORE >
UK Plans Stablecoin, Crypto Staking Legislation For Summer
UK Plans Stablecoin, Crypto Staking Legislation For Summer
April 15, 2024  |  Cryptocurrency

The British government is reportedly readying legislation for stablecoins and crypto staking, exchange and custody.  “We are now working at pace to deliver the legislation to put...

READ MORE >
Ripple Will Launch Dollar-Pegged Stablecoin
Ripple Will Launch Dollar-Pegged Stablecoin
April 04, 2024  |  Cryptocurrency

Blockchain/cryptocurrency company Ripple plans to launch a dollar-pegged stablecoin. The coin will be backed 100% by U.S. dollar deposits, short-term U.S. government treasuries, and other cash equivalents,...

READ MORE >
Xoom Users Can Now Make Transfers With PayPal Stablecoins
Xoom Users Can Now Make Transfers With PayPal Stablecoins
April 04, 2024  |  Cross-border Payments

Cross-border money transfer service Xoom now lets users make transactions with PayPal’s USD stablecoin. Xoom, owned by PayPal, said in a Thursday (April 4) press release that the...

READ MORE >
Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
March 18, 2024  |  Blockchain

For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents...

READ MORE >
Analysts Debate Role of Stablecoins as Tether Tops $100 Billion
Analysts Debate Role of Stablecoins as Tether Tops $100 Billion
March 05, 2024  |  Cryptocurrency

Tether, the leading global stablecoin, reportedly surpassed $100 billion in circulation this week. This milestone has fueled debate about the role of digital currencies in...

READ MORE >
The EU Inches Closer to the Digital Euro — Will Stablecoins and Crypto Take a Back Seat?
The EU Inches Closer to the Digital Euro — Will Stablecoins and Crypto Take a...
February 21, 2024  |  CBDC

In Europe, a central bank digital currency (CBDC) has inched closer to reality, by virtue of a vote. As a result, the United States may...

READ MORE >
Stablecoins, Unstable Crypto Market Propel Coinbase Profits
Stablecoins, Unstable Crypto Market Propel Coinbase Profits
February 16, 2024  |  Earnings

Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no...

READ MORE >