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

Yellen: Terra’s Fall Shows Stablecoin Dangers
Yellen: Terra’s Fall Shows Stablecoin Dangers
May 12, 2022  |  Cryptocurrency

U.S. Treasury Secretary Janet Yellen on Thursday (May 12) called for new regulations on stablecoins, citing the dramatic fall of the Terra token. Get the...

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Blockchain Series: What Is TerraUSD? The No. 3 Stablecoin Doesn’t Have a Single Dollar Behind It
Blockchain Series: What Is TerraUSD? The No. 3 Stablecoin Doesn’t Have a Single Dollar Behind...
April 22, 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...

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Beanstalk’s Dollar Peg Collapses After $180M Hack, Highlighting Regulators’ Fears
Beanstalk’s Dollar Peg Collapses After $180M Hack, Highlighting Regulators’ Fears
April 18, 2022  |  Cryptocurrency

At 8:19 a.m. on Sunday (April 17) the BEAN stablecoin was $1.01, well within the norm for its dollar peg. Get the Full Story Complete...

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Stablecoins Embraced as Valid Payment Form in UK
Stablecoins Embraced as Valid Payment Form in UK
April 06, 2022  |  Cryptocurrency

The U.K. is now validating stablecoins as an accepted form of payment and is moving forward to launch an international hub for crypto-asset technology and...

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NY Fed: Tokenized Deposits Better Than Stablecoins
NY Fed: Tokenized Deposits Better Than Stablecoins
February 08, 2022  |  Cryptocurrency

Researchers with the Federal Bank of New York have said stablecoins are not likely to be the future of payments, CoinDesk reported Monday (Feb. 7)....

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Fed Paper Finds Stablecoin Risks Are Manageable, and Come With Rewards
Fed Paper Finds Stablecoin Risks Are Manageable, and Come With Rewards
February 01, 2022  |  Cryptocurrency

In a new paper on the potential uses and dangers of stablecoins, Federal Reserve researchers come to a fairly clear conclusion that the safest way...

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BitPay Sees Consumer Crypto Payments Growing Beyond Bitcoin
BitPay Sees Consumer Crypto Payments Growing Beyond Bitcoin
January 17, 2022  |  Cryptocurrency

As merchants and consumers become more familiar with cryptocurrencies and the number of ways to use them commercially expands, bitcoin is losing its dominance as...

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OCC’s Hsu: Stablecoins Can Boost Innovation If Regulated Like Banks
OCC’s Hsu: Stablecoins Can Boost Innovation If Regulated Like Banks
January 13, 2022  |  Cryptocurrency

There are a number of ways to read between the lines of the speech about stablecoins Acting Comptroller of the Currency Michael Hsu made at...

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Hong Kong Weighs Crypto, Stablecoin Regulations
Hong Kong Weighs Crypto, Stablecoin Regulations
January 12, 2022  |  Cryptocurrency

The Hong Kong Monetary Authority (HKMA) is weighing regulations for cryptocurrencies and stablecoins, with plans to launch a framework by July. The latest move would...

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