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".


EU Plans to Bar Interest Payments on Deposits in Stablecoins
Patrick Hansen, the head of Strategy at DeFi startup, Unstoppable Finance, said the expected MiCA bill could come as early as this month’s ending.
Tether to Launch GBPT in July, Pegged to British Pound Sterling
Stablecoin issuer Tether Operations Limited (“Tether”) has announced plans to launch Tether tokens (GBPT) pegged to the British Pound Sterling in early July.
USDC Issuer Circle to Launch Euro-Backed Stablecoin
The move by Circle to involve in launching its Euro stablecoin is based on user demand and business competition. The use of euro-backed stablecoins is rising in Europe.
BTSE Becomes 1st Exchange to Offer Perpetual Futures Trading for Overcollateralized Stablecoin
Crypto exchange BTSE has become the first to offer perpetual futures trading for the world's newest stablecoin- US Decentralized (USDD).
Australia's Novatti Group to Launch Stablecoin on the XRP Ledger
Novatti Group has announced it will be integrating its new stablecoin, AUDC with the XRP Ledger following a partnership with blockchain payments firm, Ripple Labs Inc.
Analysis: Here is What the New Crypto Bill Mean for the Blockchain Ecosystem?
What are the implications of the newly introduced US Crypto Bill? Blockchain.News recently spoke to crypto experts to comment on the consequences of the bill, and tell us what advantages might bring to the industry.
Japanese Lawmakers to Introduce New Bill, Empowering Crypto Seizure
In a bid to strengthen its regulatory landscape, Japanese lawmakers are reportedly looking forward to amending the Act on Punishment of Organized Crimes and Control of Proceeds of Crime (1999)
Checkout.Com Starts Accepting Stablecoins Payment, Providing 24/7 Settlement
Checkout.com has launched offering stablecoins as a payment option for its merchants by using Fireblocks’ new crypto payment technology.
Stablecoins to be Issued by Licensed Banks and Trust Companies in New Japanese Law
In a move to protect investors, Japan’s parliament has passed a bill classifying stablecoins as digital money that must be connected to the nation’s currency, yen, or another legal tender.
MoneyGram CEO Sees Stablecoin As Future of Payments as Service Needs Grow
Stablecoins provide low-cost and easily accessible digital payments across international borders.

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