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

SEC and NYDFS Heat Puts Binance-Branded Paxos Stablecoin on Ice 
SEC and NYDFS Heat Puts Binance-Branded Paxos Stablecoin on Ice 
February 13, 2023  |  Cryptocurrency

The U.S. Securities and Exchange Commission (SEC) is doubling down on its regulation-by-enforcement approach. Get the Full Story Complete the form to unlock this article...

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PayPal Pauses Stablecoin Project Amid Paxos Regulatory Scrutiny
PayPal Pauses Stablecoin Project Amid Paxos Regulatory Scrutiny
February 12, 2023  |  Cryptocurrency

PayPal is reportedly pausing its stablecoin project amid heightened scrutiny around the cryptocurrency industry. Get the Full Story Complete the form to unlock this article...

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Tether Releases Attestation Report Showing $960M Excess Reserves
Tether Releases Attestation Report Showing $960M Excess Reserves
February 09, 2023  |  Cryptocurrency

Tether has released a report showing excess reserves and a shift of assets in Treasury bills. Get the Full Story Complete the form to unlock...

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Latin America’s Bitso Offers Circle-Issued Euro Coin Stablecoin as Payments Option
Latin America’s Bitso Offers Circle-Issued Euro Coin Stablecoin as Payments Option
January 12, 2023  |  Cryptocurrency

Bitso is now offering the Circle-issued, euro-denominated Euro Coin (EUROC) to its customers and clients as a payments option. Get the Full Story Complete the form to...

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Report: DOJ Investigating Saber Stablecoin Exchange Founders
Report: DOJ Investigating Saber Stablecoin Exchange Founders
January 12, 2023  |  Cryptocurrency

The Department of Justice is reportedly investigating the founders of Solana stablecoin exchange Saber Labs. Get the Full Story Complete the form to unlock this article...

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Binance’s Stablecoin Was at Times Undercollateralized by Up to $1B 
Binance’s Stablecoin Was at Times Undercollateralized by Up to $1B 
January 10, 2023  |  Cryptocurrency

Binance’s stablecoin was reportedly undercollateralized at times during 2020 and 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Regulators’ Stablecoin Warnings Open Door for Digital Dollar, Tokenized Deposits
Regulators’ Stablecoin Warnings Open Door for Digital Dollar, Tokenized Deposits
January 03, 2023  |  Regulation

Warnings on stablecoins from a trio of regulators may cause banks to seek digital alternatives instead. Get the Full Story Complete the form to unlock...

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Japan Could Reverse Ban on Foreign Stablecoins
Japan Could Reverse Ban on Foreign Stablecoins
December 27, 2022  |  Regulation

Japan is reportedly readying regulations that would let foreign stablecoins list on the country’s exchanges. Get the Full Story Complete the form to unlock this...

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Bank-to-Bank Digital Currency Poses Threat to Stablecoin Appeal 
Bank-to-Bank Digital Currency Poses Threat to Stablecoin Appeal 
December 19, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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