Browsing Tag
Stablecoins
93 posts
BRICS: South Africa to Explore Stablecoin Development in 2024
Amid its work with the BRICS economic alliance, South Africa has announced ongoing research into stablecoin development in…
BIS Study Says Stablecoins Are Unsafe Store of Value
A new study conducted by the Bank for International Settlements (BIS) has claimed that stablecoins are an unsafe…
BlackRock Says USDT & USDC Stablecoins Pose Risks to Bitcoin
The BlackRock Spot Bitcoin ETF filing that was made public surprisingly includes exposure to stablecoins under its “risk…
Federal Reserve Official Says Stablecoins Pose Financial Risk
Federal Reserve Vice Chair Michael Barr has reiterated the government’s opinion that private crypto stablecoins pose a financial…
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,…