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Altcoins

Singapore central bank releases regulatory framework for stablecoins

Singapore's central bank has released a revised regulatory framework aimed at ensuring stability for single-currency stablecoins (SCS) regulated in the city-state.The Monetary Authority of Singapore announced the framework on Aug.…

0 Comments
August 15, 2023
Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TrueUSD TUSD Poses Risk, Kaiko Says
Uncategorized

Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TrueUSD TUSD Poses Risk, Kaiko Says

The largest stablecoins have all endured periods of turmoil in the last few months. In February, New York state regulators ordered Paxos to halt minting Binance USD (BUSD), the third…

0 Comments
July 13, 2023
Altcoins

BUSD falls to fourth position among stablecoins

The dollar-pegged Binance USD (BUSD) stablecoin sits now at the fourth position in market capitalization among other stablecoins following a dip of over $1 billion in the past 30 days,…

0 Comments
June 17, 2023
Market Analysis

Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point

On-chain analytics firm Glassnode published a report hinting that investors are rotating capital toward risk-off assets like stablecoins and Bitcoin. Technicals show that altcoins are at a crucial turning point…

0 Comments
June 7, 2023
Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar
Uncategorized

Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar

Users of the Muun wallet, which utilizes both the bitcoin and lightning layers to process transactions, have been charged high fees, particularly those employing it for payments at South African…

0 Comments
May 9, 2023
Las stablecoins ganan terreno en América Latina ante la inflación mientras crecen entre los negocios europeos
Uncategorized

Las stablecoins ganan terreno en América Latina ante la inflación mientras crecen entre los negocios europeos

La participación del mercado de las stablecoins continuó aumentando durante el mercado bajista, incluso con la caída de bitcoin, ether y otras altcoins, aseguró Agustín Liserra, CEO y cofundador de…

0 Comments
April 17, 2023
Blockchain

US Fed to produce new crypto team amid enterprises about limited stablecoins

The Fed’s vice chairman for supervision said that the central bank does not want to check inventions but ensure that regulations cover homes and the financial system. The United States…

0 Comments
March 22, 2023
Altcoins

Circle’s USDC instability causes domino effect on DAI, USDD stablecoins

The stablecoin ecosystem felt an immediate effect as USD Coin (USDC) depegged from the U.S. dollar due to a subsequent sell-off after Silicon Valley Bank (SVB) did not process $3.3…

0 Comments
March 14, 2023
Altcoins

Debtors saved over $100M using de-pegged stablecoins to repay loans

The depegging of USD Coin (USDC) and Dai (DAI) from the United States dollar prompted a frenzy of loan repayments over the weekend, allowing debtors to save a total of…

0 Comments
March 14, 2023
Altcoins

Do Kwon had the right idea, banks are risk to fiat-backed stablecoins — CZ

The death spiral of the Terra ecosystem served as a catalyst to the 2022 bear market — causing losses in the billions, damaging investor sentiment and intensifying the regulatory spotlight over…

0 Comments
March 12, 2023
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Copyright 2023
  • bitcoinBitcoin(BTC)
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