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)

The US Has Passed Zero Crypto Legislation Since FTX Collapsed
The US Has Passed Zero Crypto Legislation Since FTX Collapsed
September 28, 2023  |  Cryptocurrency

In terms of the cryptocurrency industry, the U.S. legislative landscape has been remarkedly static. In the almost 11 months since the former face of crypto,...

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BIS Head: ‘Outdated’ Laws Holding Up CBDC Development
BIS Head: ‘Outdated’ Laws Holding Up CBDC Development
September 27, 2023  |  CBDC

Nearly every country on Earth has a central bank digital currency (CBDC) project in play. However, nearly 80% of the world’s central banks are either...

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Binance and MUFB Plan to Launch 3 Stablecoins in Japan
Binance and MUFB Plan to Launch 3 Stablecoins in Japan
September 26, 2023  |  Cryptocurrency

Binance is planning to launch three stablecoins in Japan next year. The world’s largest cryptocurrency platform is working with Japan’s Mitsubishi UFJ Trust and Banking...

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Venmo Begins Rollout of PayPal USD Stablecoin to Users
Venmo Begins Rollout of PayPal USD Stablecoin to Users
September 20, 2023  |  Cryptocurrency

PayPal USD (PYUSD) has made its debut on Venmo, offering select users a regulated, dollar-denominated stablecoin that is 100% backed by U.S. dollar deposits, short-term U.S. Treasuries...

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NYDFS Publishes Proposed Guidance for Virtual Currency Listing and Greenlisted Coins
NYDFS Publishes Proposed Guidance for Virtual Currency Listing and Greenlisted Coins
September 18, 2023  |  Cryptocurrency

The New York State Department of Financial Services (DFS) has published proposed guidance focusing on virtual coin listing and the general framework for greenlisted coins. This guidance builds...

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G20 Countries Want ‘Swift’ Passage of Global Crypto Rules
G20 Countries Want ‘Swift’ Passage of Global Crypto Rules
September 10, 2023  |  Cryptocurrency

The heads of the G20 nations are calling for rapid adoption of global cryptocurrency rules. A report Sunday (Sept. 10) by Cointelegraph said this framework...

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Report: JPMorgan Chase Explores Blockchain for Cross-Border Payments
Report: JPMorgan Chase Explores Blockchain for Cross-Border Payments
September 07, 2023  |  Digital-First Banking

JPMorgan Chase is reportedly considering using blockchain technology to create a digital deposit token for faster cross-border payments and settlements, Bloomberg has reported, citing an anonymous source...

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Visa Expands Stablecoin Pilot Programs With Worldpay and Nuvei
Visa Expands Stablecoin Pilot Programs With Worldpay and Nuvei
September 05, 2023  |  Cryptocurrency

Visa has expanded its stablecoin settlement capabilities with Circle’s USDC stablecoin by using the Solana blockchain. As part of the initiative, the payments company has...

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Battleground Shapes up in Europe: Digital Euro and Central Banks vs Private Stablecoin Issuers
Battleground Shapes up in Europe: Digital Euro and Central Banks vs Private Stablecoin Issuers
September 05, 2023  |  Cryptocurrency

In Europe, the digital currency battleground is shaping up to be one where the central banks are on one side, and private issuers are on...

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