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

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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FSB Says Stablecoins Might Speed, Cheapen X-Border Payments
FSB Says Stablecoins Might Speed, Cheapen X-Border Payments
October 10, 2022  |  Cryptocurrency

The Financial Stability Board (FSB) is looking at stablecoins as one way of achieving its goal of cutting the cost and time required to make...

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Final Draft of EU Crypto Law Caps Stablecoin Transactions
Final Draft of EU Crypto Law Caps Stablecoin Transactions
October 06, 2022  |  Regulation

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Hopes for Crypto Regulations Fade as Midterm Elections Approach
Hopes for Crypto Regulations Fade as Midterm Elections Approach
October 05, 2022  |  Cryptocurrency

Neither the House of Representatives nor the Senate will pass a crypto regulation bill before the elections next month. That’s a pretty safe prediction, given...

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Today in Crypto: Eco to Convert Balances From Dollars to USDC; Crypto Neobank Juno Raises $18M
Today in Crypto: Eco to Convert Balances From Dollars to USDC; Crypto Neobank Juno Raises...
October 02, 2022  |  Cryptocurrency

Eco, a FinTech savings and spending app, plans to convert its users account balances to a U.S. digital currency that then will be Zero Hash,...

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