Browsing Tag
Stablecoins
159 posts
Federal Reserve Says Stablecoins Need To Be Regulated
The Federal Reserve’s Michael Barr said today that stablecoins need to be regulated alongside overarching standards for digital…
JPMorgan: Stablecoin Issuers Might Shatter Funding Market
A few hours ago, a report from the Federal Reserve Banks of Boston and New York suggested that…
Federal Reserve Says Stablecoins Could Become a Source of Financial Instability
A new report from the Federal Reserve Banks of Boston and New York draws parallels between stablecoins and…
Japan: Binance to Launch Dollar, Yen, Euro Stablecoins in 2024
Binance is looking to launch stablecoins denominated in three major currencies, i.e., the dollar, euro, and yen, in…
Stablecoins Overtake PayPal, MasterCard: $6.87 Trillion Volume Settled
Stablecoin adoption has been gradually rising. In 2022, companies like PayPal and Mastercard settled $1.36 trillion and $6.57…
Euro Stablecoin Launches on Solana and is MiCA Compliant
In an important moment for the digital asset sector, a Euro-backed stablecoin has officially launched on Solana. Moreover,…
Coinbase Announces Suspension of USDT, DAI, and RAI for Canadian Users
Cryptocurrency exchange Coinbase announced it has officially launched operations in Canada, marking an expansion of its services in…
Stablecoins Account for 86% of Transfer Volume: NFTs, Gaming Chip In 0.18%
PayPal recently unveiled its own stablecoin, PYUSD, 100% backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar…
FED To Require Approval Before State Banks Can Issue, Hold, or Transact Crypto Stablecoin Payments
The FED now requires approval before state banks can issue, hold or transact crypto stablecoin payments, according to…
Circle Unveils Programmable Web3 Wallet for Businesses
Individuals with an interest in cryptocurrency often start by looking into stablecoins. Unlike regular cryptocurrencies known for their…