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

Bitcoin Winning Middle Market Appeal for Cross Border Payments

Bitcoin Winning Middle Market Appeal for Cross Border Payments
Bitcoin Winning Middle Market Appeal for Cross Border Payments
October 24, 2022  |  Cross-border Payments

There are a lot of potential points of friction or failure in cross-border payments between businesses, ranging from slow finality and high costs to counterparty...

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Study: CBDCs, Private Stablecoins Can Work Together
Study: CBDCs, Private Stablecoins Can Work Together
October 21, 2022  |  CBDC

The Bank for International Settlements (BIS) and Hong Kong Monetary Authority said they’ve conducted an experiment showing central bank digital currencies (CBDCs) can work in...

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FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
October 20, 2022  |  Cryptocurrency

Stablecoins have the potential to “fundamentally alter the landscape of banking,” the head of the Federal Deposit Insurance Corporation said in a speech on Thursday...

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FDIC Head: Regulators Must Understand Crypto Risks Before Offering Guidance
FDIC Head: Regulators Must Understand Crypto Risks Before Offering Guidance
October 20, 2022  |  Cryptocurrency

United States financial regulators will likely have stronger guidance for banks regarding cryptocurrencies once those agencies have a better handle on the risks. Get the...

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EU Financial Services Boss Pushes US for Crypto Regulations
EU Financial Services Boss Pushes US for Crypto Regulations
October 18, 2022  |  Cryptocurrency

The European Union’s financial services boss stressed to leaders on Capitol Hill that it’s important for the U.S. to finalize regulations governing cryptocurrency oversight.   Get...

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Crypto, Bank Overlap a Focus of DC FinTech Week
Crypto, Bank Overlap a Focus of DC FinTech Week
October 14, 2022  |  Cryptocurrency

Crypto’s recent volatility has shone a spotlight on the risks digital assets can pose for banks, according to Michael Barr, vice chair for supervision of...

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Payments Platform Wirex Launches USDC on Stellar
Payments Platform Wirex Launches USDC on Stellar
October 11, 2022  |  Cryptocurrency

Payments platform Wirex now supports the USD Coin (USDC) on the Stellar blockchain within the Wirex app and lets users save or spend USDC in real life....

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Circle’s USDC Inching Back After Dropping $10B in 3 Months
Circle’s USDC Inching Back After Dropping $10B in 3 Months
October 10, 2022  |  Cryptocurrency

After losing $10 billion in three months, Circle’s dollar-pegged stablecoin USD coin (USDC) is inching back following the coin’s rise that benefitted from Terra’s collapse...

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