stablecoins Archives - Page 6 of 8 - The Unfolding of Money

News

ByMarket DeskMay 26, 2023May 26, 2023

Circle Emphasizes Cross-Border Focus with New Euro Coin

Circle, a prominent stablecoin issuer, has unveiled Euro Coin (EUROC) on Avalanche, an initiative to facilitate faster and more efficient payments and financial services for developers and...

News

ByMarket DeskMay 9, 2023May 9, 2023

Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar

Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem. Bitcoin (BTC) users...

News

ByMarket DeskApril 25, 2023April 25, 2023

House Republicans Unveil Draft Legislation For Stablecoin Issuer Regulation

While the regulation of the stablecoin and crypto market is still uncertain in the United States, Republicans on the House Financial Services Committee on...

News

ByMarket DeskMarch 10, 2023November 1, 2023

Scrutiny Falls on $43B USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank

Circle’s USDC, the second largest stablecoin with $43 billion market capitalization, held an undisclosed part of its $9.8 billion cash reserves at failed Silicon...

News

ByGlobal DeskFebruary 22, 2023February 22, 2023

BIS General Manager Imagines Financial Innovation Without Stablecoins

The turmoil in crypto markets has erased the Bank of International Settlements’ belief that there is any hope that stablecoins would be the future...

News

ByGlobal DeskFebruary 13, 2023February 13, 2023

bUSD to be Phased Out, SEC Gives Notice

The tokenized dollar bUSD, with a market cap of $16 billion, is gradually being phased out after its issuer, Paxos, was ordered to stop...

News

ByMarket DeskDecember 17, 2022December 16, 2022

TrueUSD’s Offshore Chinese Yuan-Pegged TCNH Stablecoin Launches on Tron

The digital asset will be pegged 1:1 to Offshore Chinese Yuan, offering a new trading option for Tron’s tens of millions of users. Stablecoin...

News

ByGlobal DeskNovember 21, 2022November 21, 2022

Bank of England Calls for Crypto Regulation as Chaos Unfolds in Former Colonies

The Bank of England has called for greater regulation of cryptocurrencies in light of the FTX collapse, which incidentally occurred in a member state...