Stablecoin

46 Central Banks Explore Digital Currency, With Only a Few of Them Actually Planning on Launching
May 20, 2020 at 13:28
News
46 Central Banks Explore Digital Currency, With Only a Few of Them Actually Planning on Launching
Central banks from 46 countries worldwide are exploring digital currency, however, only a few of them are actually going to launch their own coins. And most of them are not going to base their stablecoins on a blockchain.
Financial Sector Keeps a Close Eye on Stablecoins Amidst the Increasing Interest
May 09, 2020 at 13:59
News
Financial Sector Keeps a Close Eye on Stablecoins Amidst the Increasing Interest
As stablecoins gain momentum all over the world, financial regulators and banks insist that a flawless regulatory structure be prepared before approving global stablecoins, alluding to risks and gaps in the existing guidelines. Stablecoins need to prepare for preemptive regulations.
Stablecoins Don’t Affect Prices of Other Digital Currencies
Apr 24, 2020 at 13:35
News
Stablecoins Don’t Affect Prices of Other Digital Currencies
A study has been published showing that issuing stablecoins such as Tether and Circle’s USD Coin (USDC), don’t cause the prices of other digital currencies like Ether, Ripple, etc. to surge. So far, there have been few sentiments in the cryptoasset industry that the connection between stablecoin issuance and digital currency price is large.
Cryptocurrency Will Empower Poor Farmers and Vulnerable People
Apr 22, 2020 at 13:20
News
Cryptocurrency Will Empower Poor Farmers and Vulnerable People
Various organizations are working with governments and other NGOs to assist the world’s poorest farmers by helping them sustainably boost production and have easy access to new markets through stablecoins and cryptocurrencies, hence growing their sales and incomes.
Ramping Global Demand for Stablecoins Pushes International Regulators to Stay on the Lookout
Apr 16, 2020 at 12:15
News
Ramping Global Demand for Stablecoins Pushes International Regulators to Stay on the Lookout
Stablecoins climb up in market cap value, while cryptocurrencies still fail to recover from the post-pandemic knockout. This wasn’t left unnoticed by the world governments, and notably, G20, who already sought ways how to cope with a growing demand for stablecoins.
Over $7 Billion In Investments Expected to Enter the Cryptocurrency Market
Apr 01, 2020 at 08:26
News
Over $7 Billion In Investments Expected to Enter the Cryptocurrency Market
Amidst the chaos on the markets, stablecoins seems to have been least affected by the market crash. Analysts predict that over $7 Billion in investment funds will flow into the cryptocurrency market in the coming months.
Cryptocurrency Market in Turmoil Again, Bitcoin Hits $4,600
Mar 16, 2020 at 15:54
News
Cryptocurrency Market in Turmoil Again, Bitcoin Hits $4,600
The cryptocurrency market, which successfully rebounded on the morning of the 16th of March, turned into a bear market again. Bitcoin broke the $5,000 line and is now settling just above the $4600 price level.
European Commission to Decide the Status of Libra Crypto in March 2020
Feb 23, 2020 at 09:27
News
European Commission to Decide the Status of Libra Crypto in March 2020
Several financial authorities across the globe are finding it hard to make verdicts when it comes to Bitcoin, Libra and other digital currencies: overregulate the industry and risk losing the advantage to most businesses and the economy at large, or fail to act completely and make themselves more defenseless especially to those that intensify.
The Idea to Create State Cryptocurrency Is There but it Still has a Long Way to Go
Feb 03, 2020 at 09:00
News
The Idea to Create State Cryptocurrency Is There but it Still has a Long Way to Go
So far, 15 Central Banks from different parts of the world are jointly considering the creation and adoption of a blockchain to create a digital version of their currencies - a stablecoin. Some, like Russia's, have already taken action. But does it really make sense to talk about "state cryptocurrency" and why have central banks not exploited the virtuous examples already in circulation?
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