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

Binance to Auto-Convert USDC, USDP, TUSD to Its Own Stablecoin
Binance to Auto-Convert USDC, USDP, TUSD to Its Own Stablecoin
September 05, 2022  |  Cryptocurrency

Binance announced its BUSD auto-conversion program, a company blog post said Monday (Sept. 5), which converts one-to-one USDC, USDP and TUSD stablecoins to Binance’s own...

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Peru Embraces Stablecoins amid Political, Economic Instability
Peru Embraces Stablecoins amid Political, Economic Instability
September 01, 2022  |  Cryptocurrency

The interesting thing about reports that Peruvians are fast adopting crypto as a hedge against inflation and political instability, it’s that they’re doing so when...

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Further Stablecoin Collapses Fuel Credibility Problem
Further Stablecoin Collapses Fuel Credibility Problem
August 26, 2022  |  Cryptocurrency

Say one thing for algorithmic stablecoins like the one that collapsed in a $48 billion bank-run-style blaze of glory in May: They’re tenacious. Or rather,...

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A Primer on Asia-Pacific Stablecoin Regulations
A Primer on Asia-Pacific Stablecoin Regulations
August 24, 2022  |  Cryptocurrency

Stablecoin regulations vary widely in the Asia-Pacific region, ranging from Japan’s requirement that they get issued by banks to Thailand’s outright ban on crypto payments...

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Has Tether Turned the Corner on Reserve Doubters?
Has Tether Turned the Corner on Reserve Doubters?
August 23, 2022  |  Cryptocurrency

When top stablecoin issuer Tether announced on Thursday (Aug. 18) that it had hired one of the world’s largest auditing firms to provide monthly reports...

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Today in Crypto: Crypto Rally Slows After Bump Over Ethereum Upgrade; BitGo Eyes Legal Action Over Galaxy Digital Deal
Today in Crypto: Crypto Rally Slows After Bump Over Ethereum Upgrade; BitGo Eyes Legal Action...
August 15, 2022  |  Cryptocurrency

Cryptocurrency values remained unchanged with the cooling of a rally in bitcoin and ether, Bloomberg wrote Monday (Aug. 15). Bitcoin was down less than 1%...

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Anchorage Digital, AngelList Partner to Facilitate Investments with USDC
Anchorage Digital, AngelList Partner to Facilitate Investments with USDC
August 12, 2022  |  Cryptocurrency

Digital asset platform Anchorage Digital and digital asset venture capital firm AngelList have partnered to enable investors to invest with USDC stablecoin.  With this partnership,...

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PYMNTS Cryptocurrency Glossary: Stablecoins
PYMNTS Cryptocurrency Glossary: Stablecoins
August 11, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in...

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SEC Probes Coinbase on Staking, Asset Classification, Stablecoin Products
SEC Probes Coinbase on Staking, Asset Classification, Stablecoin Products
August 10, 2022  |  Cryptocurrency

Coinbase has said it’s being probed by the U.S. Securities and Exchange Commission (SEC) for its staking programs, which lets users earn rewards by holding...

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