Browsing Tag
stablecoins
50 posts
Crypto Not Yet a Financial Stability Concern, Jerome Powell Says
The US Federal Reserve Chair, Jerome Powell, says that there is no alarm about cryptocurrencies disrupting the country’s…
SEBA Bank Taps into Stablecoins with Gold-Backed Tokens
SEBA, a digital asset-banking platform, has launched a regulated token backed by physical gold with instant on-demand delivery. …
Tether Cries Foul on Class-Action Lawsuit Alleging Misrepresentation of USDT
Tether faces a class-action lawsuit for the second time in under four months for inaccurately misrepresented USDT backing.…
Avalanche Integrates Circle’s USDC to Streamline Smart Contracts
Avalanche network is introducing a native version of USDC stablecoin backed by cash and liquid cash equivalents in…
National Unity Government of Myanmar Accepts Tether for “Domestic Use”
Myanmar’s National Unity Government supporting the detained leader, Aung San Suu Kyi, has acknowledged Tether as the formal…
US Crypto Chiefs Ask Congress for Clear and Relevant Sector Regulations
CEOs of major US cryptocurrency firms told Congress that the sector needed clear and up to date regulations.…
Cardano’s Ardana Partners With NEAR Protocol for a Multi-Chain Connectivity
Cardano’s stablecoin hub has collaborated with NEAR Protocol to create an infrastructure bridge that allows transactions across both…
Stablecoins Are Better Than the Central Bank Digital Currency, Fed Governor Says
The Federal Reserve Board of Governors member, Christopher Waller, says that stablecoins innovation is better than the Central…
Morgan Stanley’s Strategist Sees Rising Stablecoins Demand as the New Banking Frontier
Morgan Stanley’s cryptocurrency strategist Sheena Shah says that the banking sector could take advantage of the rising demand…
What are Stablecoins?
Stablecoins are cryptocurrencies whose values are tethered to another asset. The most common forms of stablecoins are fiat-backed,…