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

Stablecoin Issuer Circle Resurrects Plan to Go Public
Stablecoin Issuer Circle Resurrects Plan to Go Public
January 11, 2024  |  Cryptocurrency

Stablecoin issuer Circle Internet Financial is relaunching its plan to go public. The company confidentially filed paperwork for an initial public offering (IPO) with the...

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Circle Receives Asset Service Provider License in France
Circle Receives Asset Service Provider License in France
December 21, 2023  |  Cryptocurrency

USDC stablecoin issuer Circle was named a digital asset service provider (DASP) in France. The company announced the conditional approval of its new designation with...

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Stablecoin Lobbying Efforts Surge Ahead of 2024 Congressional Debate, Election
Stablecoin Lobbying Efforts Surge Ahead of 2024 Congressional Debate, Election
December 20, 2023  |  Cryptocurrency

The cryptocurrency industry’s lobbying efforts over the regulation of stablecoins reportedly saw an increase in spending throughout 2023. Stablecoins, which serve as a bridge between...

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Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
Singapore Banking Chief: Private Crypto Has ‘Miserably Failed’
November 28, 2023  |  Cryptocurrency

We could be witnessing the twilight of private cryptocurrencies, says one of Singapore’s top central bankers. Monetary Authority of Singapore (MAS) Managing Director Ravi Menon argued Tuesday (Nov....

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Circle and SBI Holdings Partner to Promote Stablecoins in Japan
Circle and SBI Holdings Partner to Promote Stablecoins in Japan
November 27, 2023  |  Partnerships

SBI Holdings, a Japanese financial services company, partnered with Circle, a global FinTech, to promote the use of stablecoins in Japan. The collaboration comes after...

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Unable to Hold Their Pegs, Stablecoins Prove Anything but Stable
Unable to Hold Their Pegs, Stablecoins Prove Anything but Stable
November 09, 2023  |  Cryptocurrency

The hallmark of stablecoins has been instability. In a paper published this week by the Bank of International Settlements (BIS), the analysis shows that with a...

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Fed’s Barr Calls for ‘Strong Federal Regulation of Stablecoins’
Fed’s Barr Calls for ‘Strong Federal Regulation of Stablecoins’
November 07, 2023  |  Regulation

A leading financial regulator in the United States is issuing a warning about stablecoins. Michael Barr, vice chair for supervision at the Federal Reserve, told...

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UK Regulators to Banks: Don’t Sow Confusion Over Stablecoins
UK Regulators to Banks: Don’t Sow Confusion Over Stablecoins
November 06, 2023  |  Bank Regulation

Regulators in the U.K. have unveiled their proposals for governing the use of stablecoins. The Bank of England (BOE) and the country’s Financial Conduct Authority (FCA) on Monday (Nov....

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SEC Seeks Summary Judgment in Fraud Case Against Terraform Labs Co-Founder
SEC Seeks Summary Judgment in Fraud Case Against Terraform Labs Co-Founder
November 03, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) has reportedly requested a summary ruling in its civil case against Do Kwon, the co-founder of Terraform Labs. The SEC alleges...

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