Stablecoin

Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities.

Source: en.wikipedia.org

Circle Brings USDC to Users in Brazil
Circle Brings USDC to Users in Brazil
May 29, 2024  |  Cryptocurrency

Stablecoin issuer Circle says it has officially launched in Brazil. The expansion into South America’s largest country gives Circle the chance to offer its popular...

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Tether Disputes Report of Stablecoin Being Used for Illicit Activities
Tether Disputes Report of Stablecoin Being Used for Illicit Activities
October 27, 2023  |  Cryptocurrency

Tether has disputed a media report that its stablecoin is increasingly being used for illicit activities. The Wall Street Journal (WSJ) reported Friday (Oct. 27) that the stablecoin...

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Circle and Coins.ph Partner to Promote USDC Use in Philippines
Circle and Coins.ph Partner to Promote USDC Use in Philippines
October 11, 2023  |  Cryptocurrency

Circle Internet Financial and Coins.ph, a cryptocurrency exchange and digital wallet provider, have announced a partnership to promote financial inclusion through remittances in the Philippines. The collaboration...

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Tether Sees Market Cap Drop Amid Broader Stablecoin Troubles
Tether Sees Market Cap Drop Amid Broader Stablecoin Troubles
September 03, 2023  |  Cryptocurrency

Tether has seen its market capitalization fall for the first time in nine months amid a shaky stablecoin market. Tether’s USDT token’s market cap fell 1.2%...

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Binance.US Partners With MoonPay to Convert Dollars to Tether
Binance.US Partners With MoonPay to Convert Dollars to Tether
August 22, 2023  |  Cryptocurrency

To regain access to a steady flow of dollars, Binance.US, the American arm of the cryptocurrency exchange, has teamed up with MoonPay, a payment startup....

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Colombia Central Bank Backs Spending Limits on Retail CBDCs 
Colombia Central Bank Backs Spending Limits on Retail CBDCs 
August 18, 2023  |  CBDC

The push toward central bank digital currencies seems an inexorable one. But among the issues that remain to be sorted out are the parameters of...

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HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
August 09, 2023  |  Blockchain

The top Democrat on the House Financial Services Committee (HFSC), Rep. Maxine Waters, said she is “deeply concerned” about PayPal’s decision to launch a stablecoin....

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PayPal USD Debuts as Stablecoin’s Role in Commerce Remains Uncertain
PayPal USD Debuts as Stablecoin’s Role in Commerce Remains Uncertain
August 07, 2023  |  Cryptocurrency

PayPal’s introduction of a U.S. dollar-pegged stablecoin opens the door to a wider discussion of where the digital offerings’ place lies within commerce. As has...

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PayPal Debuts Stablecoin Pegged to US Dollar
PayPal Debuts Stablecoin Pegged to US Dollar
August 07, 2023  |  Cryptocurrency

PayPal has introduced a U.S. dollar-pegged stablecoin amid new regulations around digital currencies. Announced Monday (Aug. 7), PayPal USD is “designed to contribute to the opportunity...

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