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 Getting Closer to Applying for Digital Bank License
Circle Getting Closer to Applying for Digital Bank License
April 13, 2022  |  Cryptocurrency

Circle Internet Finance says it’s getting close to applying to become a digital bank in the U.S., even as regulators make it harder for crypto...

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Stablecoin Issuer Circle Lobbies UK Ahead of Crypto Regulations
Stablecoin Issuer Circle Lobbies UK Ahead of Crypto Regulations
April 10, 2022  |  Cryptocurrency

Circle has been conducting several “state visits” to the United Kingdom for the past year, looking at how to expand its business there, Bloomberg wrote...

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Yellen Speech on Crypto Calls for New, Faster Payments System
Yellen Speech on Crypto Calls for New, Faster Payments System
April 07, 2022  |  Cryptocurrency

Even though there will be no policy bombshells in Treasury Secretary Janet Yellen’s first speech focused entirely on digital assets, the need to build better...

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Today in FinTech: Advent Snaps Up Mangopay; UK Green Lights Stablecoins; Worldpay Offers USDC Settlement
Today in FinTech: Advent Snaps Up Mangopay; UK Green Lights Stablecoins; Worldpay Offers USDC Settlement
April 06, 2022  |  International

In today’s FinTech News, private equity investor Advent International is taking a majority stake in Mangopay, while Worldpay is on track to offer merchants settlement...

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Citi’s Magical MetaFi Tour Predicts a $13T Metaverse Financial System, Infinite Payment Rails by 2030
Citi’s Magical MetaFi Tour Predicts a $13T Metaverse Financial System, Infinite Payment Rails by 2030
April 04, 2022  |  Metaverse

By 2030, 5 billion people — more than half the world’s population — will be trading in daily drudgery for the metaverse’s 3D immersive virtual...

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Speculators Are Betting Stablecoin Tether Will Lose Value
Speculators Are Betting Stablecoin Tether Will Lose Value
April 03, 2022  |  Cryptocurrency

Short sellers have been betting against the stablecoin Tether, which a Wall Street Journal report notes has a price that shouldn’t move. But firms such...

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Zerocap Introduces A$DC, Stablecoin Pegged to Australian Dollar
Zerocap Introduces A$DC, Stablecoin Pegged to Australian Dollar
March 30, 2022  |  Cryptocurrency

Zerocap, an Australian crypt asset platform, has partnered with ANZ Bank to offer the first stablecoin pegged to the Australian dollar, the company announced Wednesday...

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The Case for Stablecoins: A Better, Safer, More Innovative Payments Solution Than Bitcoin
The Case for Stablecoins: A Better, Safer, More Innovative Payments Solution Than Bitcoin
March 29, 2022  |  Cryptocurrency

There are few segments of the cryptocurrency industry that get as much focus from policymakers as stablecoins. Ever since Meta panicked elected officials, central bankers...

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Terra Buys $135M in Bitcoin for UST Stablecoin Reserve
Terra Buys $135M in Bitcoin for UST Stablecoin Reserve
March 28, 2022  |  Blockchain

Do Kwon, co-founder and CEO of the company behind the Terra blockchain, confirmed it had bought over $1 billion in bitcoin since the end of...

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