stablecoins

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

Bitcoin Daily: UK Wants Blockchain Rules With US; Figure Completes $150M In Home Loans Using Blockchain; Celo Starts ‘Alliance’ For App Developers

Bitcoin Daily: UK Wants Blockchain Rules With US; Figure Completes $150M In Home Loans Using Blockchain; Celo Starts ‘Alliance’ For App Developers
Bitcoin Daily: UK Wants Blockchain Rules With US; Figure Completes $150M In Home Loans Using...
March 11, 2020  |  Bitcoin

The Celo Foundation on Wednesday (March 11) rolled out its Alliance For Prosperity with 50 members, according to reports. Get the Full Story Complete the...

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Financial Stability Board Calls For Current Crypto Education
Financial Stability Board Calls For Current Crypto Education
February 20, 2020  |  Cryptocurrency

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other...

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Fed’s Brainard: Stablecoins Pose Risk To Consumers
Fed’s Brainard: Stablecoins Pose Risk To Consumers
December 18, 2019  |  Cryptocurrency

Federal Reserve Gov. Lael Brainard on Wednesday (Dec. 18) outlined key risks associated with cryptocurrency in general and Facebook’s Libra in particular. Get the Full...

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EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
December 05, 2019  |  Cryptocurrency

EU finance ministers came to an agreement on Thursday (Dec. 5) that digital currencies like Facebook’s Libra have no place in the European Union unless...

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Marcus Says Libra Could Be Based On Real Currencies
Marcus Says Libra Could Be Based On Real Currencies
October 20, 2019  |  Cryptocurrency

David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one...

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FATF Warns Crypto Could Hamper AML Efforts
FATF Warns Crypto Could Hamper AML Efforts
October 18, 2019  |  Cryptocurrency

The Financial Action Task Force (FATF) said it is worried about “stablecoins,” like Facebook’s Libra, and how they could be used for illicit purposes. Get...

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