An algorithmic stablecoin known as Neutrino that is associated with the Waves blockchain lost its peg to the dollar this week after the price of its underlying token took a…
Stablecoins have been indispensable to cryptocurrency traders, providing a way to trade in and out of other digital tokens quickly and easily, but a Fed-issued digital dollar may provide a…
The bigger issue that the U.S. Treasury undersecretary for domestic finance has identified, is what exactly those stablecoins are invested in.
Payments giant Visa has recently proposed a platform that can enable both CBDCs (central bank digital currencies) and stablecoins to interoperate.
Named "universal payment channel" (UPC), this platform is designed to…
U.S. authorities set to move in to more closely scrutinize stablecoins and their issuers
Move could be a godsend especially as it could shore up confidence in the currency hybrid…
Web browser Opera and open-source blockchain ecosystem Celo announced that Opera will incorporate Celo Native Asset (CELO), Celo Dollar (cUSD), and Celo Euro (cEUR) stablecoins in its Crypto Wallet.
Millions of…
Despite banking institutions, representatives and Congress warning the new and incoming Biden administration against supporting the crypto-friendly decisions that the Office of the Comptroller of Currency (OCC) has announced in…
The crypto community saw a glimmer of hope for mass adoption when the Office of the Comptroller of the Currency (OCC) announced through a public letter saying that US banks…
The COVID-19 pandemic has dealt a severe blow to the UK economy and increasing COVID-19 numbers coupled with the financial strain the regional power is experiencing from Brexit has led…
At the annual Digital Finance Outreach conference which took place last week, the European Commission’s Executive Vice President Valdis Dombrovskis announced in his closing speech that it is time for…