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STABLECOIN

Description
A stablecoin (or stable coin), as its name indicates, is a stable cryptocurrency designed to be resistant to the type of price volatility synonymous with cryptocurrencies like Bitcoin and Ether.
The key is to understand "stable": what is "stable"? which references are pegged to make its value "stable"? In terms of what we measure the "stability".

Popular
USDT USDC TUSD BUSD DAI GUSD USTC FRAX USDP TUSD USDD

Regulation

Privately Issued, Regulated Digital Crypto Might Better than CBDC, Says Australian Central Bank

Australian central bank boss admits that private digital tokens could be better and their benefits will be enhanced if regulatory arrangements are made right.

Nicholas Otieno

Jul 18, 2022

| 2 Min Read

#REGULATTION #TOKEN #STABLECOIN #PHILLIPLOWE

Stablecoin

Circle Publishes Inuagural USDC Reserve Treasury Report for June

Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June

Godfrey Benjamin

Jul 16, 2022

| 2 Min Read

#CIRCLE #USDC #STABLECOIN #MONTHLY REPORT

Exchanges

OKX Receives Virtual-asset License in Dubai, Stablecoins Trading Goes Live on OKC Chain

Cryptocurrency platform OKX gets Virtual-asset License from Dubai's authority. The exchange also launched stablecoins trading options for their investors.

Annie Li

Jul 14, 2022

| 2 Min Read

#OKX #OKC #DUBAI #STABLECOIN

Exchanges

Brazilian Fintech Firm PicPay Plans to Launch Crypto Services

Brazilian financial technology company, PicPay wants to bring crypto payments to its users by using its app.

Godfrey Benjamin

Jul 12, 2022

| 2 Min Read

#PICPAY #CRYPTOCURRENCY #STABLECOIN #CRYPTO #PAYMENTS

Stablecoin

Banking Circle Adopts USDC as Currency on its Payment Rails

Banking Circle, an European Union (EU) regulated payments bank has announced that it has integrated the USD Coin (USDC) stablecoin into its payment rail

Godfrey Benjamin

Jul 09, 2022

| 2 Min Read

#BANKING CIRCLE #USDC #STABLECOIN

Legal

Chinese Court Reaffirms Stablecoins are Not Legal Tender

It is already about a year since China banned transactions involving digital currency transactions, and a Chaoyang Court in Beijing has further reiterated that cryptocurrencies are not legal tender.

Godfrey Benjamin

Jul 07, 2022

| 2 Min Read

#TETHER #STABLECOIN #YUAN #CBDC

Stablecoin

Argentinians Seek Shelter in Stablecoins after Economy Minister Resignation

Argentinians have taken refuge in stablecoins after the nation’s economy minister Martin Guzman resigned over the weekend attributed to the financial crisis crushing the South American country.

Brian Njuguna

Jul 04, 2022

| 2 Min Read

#ARGENTINA #STABLECOIN #DIGITAL ASSETS #TETHER #USDT #MAKERDAO #DAI #MARTIN GUZMAN #ARS

Stablecoin

Tether Aims to Render More Transparency by Slashing Commercial Paper Holdings

Based on continuous efforts to decrease its commercial paper portfolio for transparency purposes, Tether revealed that it would slash its holdings by $5 billion by the end of July.

Brian Njuguna

Jul 03, 2022

| 2 Min Read

#TETHER #COMMERCIAL PAPER PORTFOLIO #STABLECOIN #CRYPTOCURRENCIES

Regulation

EU Agreement on MiCA May Not Favor Stablecoins

After much deliberation and compromises from the European Commission, Assembly, and Council, a final agreement that builds the comprehensive framework for the digital currency ecosystem has finally been made

Godfrey Benjamin

Jul 03, 2022

| 2 Min Read

#EUROPEAN UNION #REGULATION #DIGITAL CURRENCY #STABLECOIN #MICA

Stablecoin

Circle Inks Strategy Partnership with Bancorp for USDC Custody

Circle Internet Financials LLC, the blockchain company responsible for the issuance of the USDC stablecoin, has announced its latest partnership with New York Community Bank (NYCB).

Godfrey Benjamin

Jun 29, 2022

| 2 Min Read

#CIRCLE #USDC #STABLECOIN #NYCB

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