Tag: Stablecoins
The Number of Stablecoin Owners Exceeds 100 Million! Here are the Most Preferred Stablecoins!
According to data, there is an unprecedented increase in the popularity of stablecoins as the number of addresses holding dollar and crypto-pegged stablecoins approaches the 100 million mark. The Number…
US Senators Unveil New Bill Banning Algorithmic Stablecoins
US senators Cynthia Lummis and Kirsten Gillibrand have introduced an important bill focused on regulating stablecoins. This bipartisan effort highlights a growing need for regulation of digital currencies. As hard-asset…
Tether’s Custodian Says Stablecoins Are Beneficial to the US Economy! Here are the reasons
Tether Holdings Stablecoins, especially those pegged to the U.S. dollar, play a crucial role in supporting the American economy by increasing demand for U.S. Treasury bills, according to Howard Lutnick,…
FED President Powell Speaks About Stablecoins! Explained What is Required for a Digital Dollar!
FED President Jerome Powell spoke about stablecoins. According to Politico, FED Chairman Powell told House Democrats that the US needs Congressional approval and a legal framework for stablecoins. It was…
A Central Bank President Criticized Stablecoins
According to New Zealand central bank governor Adrian Orr, stablecoins are not as “stable” as they think. According to information provided by Bloomberg, Orr, “Stablecoins are not stable. “They are…
These Stablecoins Could Displace Others, According to Company Executive
The current outlook for the stablecoin market could change dramatically, according to the COO of blockchain-based finance company Ondo. said Justin Schmidt, COO of Ondo Finance. stablecoins that provide returns…
Hong Kong, Which Wants to Become a Cryptocurrency Center, is Preparing to Enact a Law to Regulate Stablecoins
Hong Konghas taken a significant step to regulate the stablecoin industry, proposing a legal framework that would require stablecoin issuers to obtain a license within the city. Hong Kong Proposes…
Hong Kong Authorities Announce New Regulations and License Conditions for Stablecoins!
Hong Kong authorities have proposed the adoption and regulation of fiat-stable currencies (FRS). According to the document, the Financial Services and Treasury Bureau (FSTB) and the Hong Kong Monetary Authority…
Research Company Explained Why Stablecoins Like Tether Are Experiencing Depeg!
In some cases, the reason for the deterioration of the dollar stability of stablecoins may be due to money laundering operations. Blockchain research company bitracepresented a remarkable report in the…
Interest for Dollar Based Stablecoins USDT and USDC on OKX Increased to 50 Percent!
The increasing risk appetite of investors was reflected in the stablecoin interest rates of the cryptocurrency exchange OKX. Cryptocurrency investors have increased their risk appetite in order to participate in…
Global Banking Regulator Says Stablecoins Are Less Risky Than Coins Like Bitcoin!
The Basel Committee on Banking Supervision (BCBS) within the Bank for International Settlements (BIS) has proposed changes to the risk criteria for stablecoins. In a statement published on Thursday, December…
Risk Analysis Company Evaluated Stablecoins in the Crypto Market! Rated 1 to 5!
A well-known company in the field of credit scoring and risk analysis. S&P Global Ratings, launched a pioneering initiative with the introduction of stablecoin stability assessment. S&P Global Ratings Introduces…
While Stablecoins Are Being Accumulated in Stock Exchanges, BTC is Being Withdrawn from Stock Exchanges!
The cryptocurrency market is looking for a new run. Leading cryptocurrency Bitcoin moved in the green zone and reached the 37 thousand dollar mark. With a few exceptions, most altcoins…
Global Banking Regulator Examines 68 Stablecoins: Your Money Is Not Safe!
The Bank for International Settlements (BIS) spelled doom for stablecoins in its latest report. BIS, the international financial institution and global banking regulator that includes 63 central banks in total,…
US Officials Talked About Blockchain and Stablecoins: Regulation is a Must!
US officials, who pay close attention to stablecoin technology, stated that strict regulation is inevitable. US officials discussed cryptocurrency policy and the future of innovation. Held in Washington on November…
Moody’s Launches New Cryptocurrency Service: Stunning Results for Stablecoins!
Moody’s Analytics, managed by Moody’s, one of the most famous rating agencies in the USA, has released a new study specifically on stablecoin collapses. Moody’s Analytics warns that stablecoins in…
UK Regulators Announce Plans to Regulate Stablecoins!
The Bank of England (BOE) and the UK Financial Conduct Authority (FCA) have published proposal papers outlining plans to regulate stablecoins, in a significant step towards strengthening regulatory frameworks in…
Fed Official Made a Regulatory Statement for Stablecoins
US Federal Reserve official Michael Barr said in his statements today that stablecoins should be legally regulated. Michael Barr, stablecoins to financial stability And integrity of the payment system He…
Deutsche Bank is Preparing to Build a Bridge Between Stablecoins and Central Bank Digital Currencies!
Deutsche Bank and Standard Chartered’s SC Ventures announced that it is currently testing a system that could potentially revolutionize the way transactions are carried out. Deutsche Bank Tested a New…
New CEO Coming to One of the Largest Stablecoins!
Tether, one of the largest stablecoin producers, made a significant change in its management team. Paolo Ardoino, who has been working as CTO for a long time at Tether, was…