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

House Financial Services Chairman Calls for Governance Limits and Clarity for Stablecoins
House Financial Services Chairman Calls for Governance Limits and Clarity for Stablecoins
July 27, 2023  |  Cryptocurrency

House Financial Services Committee (HFSC) Chairman Patrick McHenry aims to reduce the influence of environmental, social and governance (ESG) initiatives in financial markets. In opening remarks for the committee’s markup of the...

READ MORE >
Lackluster Stablecoin Trading Volumes Raise Questions Around Crypto Rebound
Lackluster Stablecoin Trading Volumes Raise Questions Around Crypto Rebound
May 24, 2023  |  Cryptocurrency

The stablecoin landscape is getting smaller by the day, and that’s bad news for crypto.  Stablecoin trading volumes so far this month have totaled just...

READ MORE >
Circle Says Lack of Direct EMI Access to EU Central Bank Accounts Stifles Payments Innovation
Circle Says Lack of Direct EMI Access to EU Central Bank Accounts Stifles Payments Innovation
May 19, 2023  |  Cryptocurrency

To access central bank accounts in the European Union (EU) today, electronic money token (EMT) issuers, and by extension all electronic money institutions (EMIs), have...

READ MORE >
US Lawmakers Debate Dueling Stablecoin Bill Drafts
US Lawmakers Debate Dueling Stablecoin Bill Drafts
May 18, 2023  |  Regulation

U.S. lawmakers faced off Thursday (May 18) over two proposed stablecoin bills. Both bills under consideration would allow both banks and non-banks to issue stablecoins. It was...

READ MORE >
Ripple CBDC Head Makes the Case for Blockchain-Based Money
Ripple CBDC Head Makes the Case for Blockchain-Based Money
May 18, 2023  |  CBDC

Innovations that transform the world historically rest on revolutionary, but above all viable, use cases. Utility is instrumental to adoption, and as money movement becomes increasingly...

READ MORE >
Hearings on Crypto’s Regulatory Gaps Do Little to Fill Them
Hearings on Crypto’s Regulatory Gaps Do Little to Fill Them
April 27, 2023  |  Cryptocurrency

Congress has rebranded cryptocurrency to “digital assets,” but still can’t chart a go-ahead future. As evidenced by two hearings held in tandem Thursday (April 27)...

READ MORE >
Visa’s ‘Ambitious Crypto Roadmap’ Includes Stablecoin Payments
Visa’s ‘Ambitious Crypto Roadmap’ Includes Stablecoin Payments
April 26, 2023  |  Cryptocurrency

Visa has begun hiring for what one executive calls the company’s “ambitious crypto product roadmap.” Cuy Sheffield, who oversees the payments giant’s cryptocurrency operations, said...

READ MORE >
Circle CEO Blames US Financial Risk for Stablecoin Decline
Circle CEO Blames US Financial Risk for Stablecoin Decline
April 26, 2023  |  Cryptocurrency

A shaky American financial market helped lower the value of USD Coin, according to Circle’s CEO. “We are seeing a huge amount of concern globally...

READ MORE >
Will FedNow’s July Launch Make Crypto and Stablecoins Redundant?
Will FedNow’s July Launch Make Crypto and Stablecoins Redundant?
April 03, 2023  |  Payment Methods

Digital is often a one-way street, and the finance sector appears to be taking it. This is as the future of money movement looks set...

READ MORE >