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)

Report: Figure Aims to Offer Regulated, Interest-Bearing Stablecoin
Report: Figure Aims to Offer Regulated, Interest-Bearing Stablecoin
January 22, 2024  |  Cryptocurrency

Blockchain and lending startup Figure Technologies is reportedly seeking approval from U.S. regulators to issue an interest-bearing stablecoin. If approved, this move would establish a new class...

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Terraform Labs Files for Bankruptcy
Terraform Labs Files for Bankruptcy
January 22, 2024  |  Cryptocurrency

Terraform Labs, whose collapse triggered a wider cryptocurrency market earthquake, has filed for bankruptcy. The Singapore-based digital asset company filed for Chapter 11 in Delaware Sunday (Jan....

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Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
Stablecoins Gain Ground With Fraudsters Looking to Move Beyond Bitcoin
January 18, 2024  |  Cryptocurrency

Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Turns out that nowadays, the digital holdings...

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Circle CEO: ‘Good Chance’ US Adopts Stablecoin Rules in 2024
Circle CEO: ‘Good Chance’ US Adopts Stablecoin Rules in 2024
January 15, 2024  |  Cryptocurrency

Circle’s CEO is confident that 2024 will be the year America adopts stablecoin legislation. While the U.S. has no federal cryptocurrency legislation, Jeremy Allaire, whose...

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DLTPAY Integrates Chainlink Protocol to Facilitate Cross-Chain Stablecoin Payments
DLTPAY Integrates Chainlink Protocol to Facilitate Cross-Chain Stablecoin Payments
January 12, 2024  |  Blockchain

DLTPAY, a stablecoin wallet provider based in Tallinn, Estonia, reportedly integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to facilitate cross-chain stablecoin payments across Ethereum Layer-2 networks....

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Stablecoin Issuer Circle Resurrects Plan to Go Public
Stablecoin Issuer Circle Resurrects Plan to Go Public
January 11, 2024  |  Cryptocurrency

Stablecoin issuer Circle Internet Financial is relaunching its plan to go public. The company confidentially filed paperwork for an initial public offering (IPO) with the...

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Circle Receives Asset Service Provider License in France
Circle Receives Asset Service Provider License in France
December 21, 2023  |  Cryptocurrency

USDC stablecoin issuer Circle was named a digital asset service provider (DASP) in France. The company announced the conditional approval of its new designation with...

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Stablecoin Lobbying Efforts Surge Ahead of 2024 Congressional Debate, Election
Stablecoin Lobbying Efforts Surge Ahead of 2024 Congressional Debate, Election
December 20, 2023  |  Cryptocurrency

The cryptocurrency industry’s lobbying efforts over the regulation of stablecoins reportedly saw an increase in spending throughout 2023. Stablecoins, which serve as a bridge between...

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Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
November 28, 2023  |  Cryptocurrency

We could be witnessing the twilight of private cryptocurrencies, says one of Singapore’s top central bankers. Monetary Authority of Singapore (MAS) Managing Director Ravi Menon argued Tuesday (Nov....

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