Tag: stablecoin
NEAR Token Jumps Over 20% After Adding UST Stablecoin Support
The NEAR Token price rose 23% to $12.40 following its integration with the decentralized payment network Terra, according toannounceby developer Terra’s UST token, a stablecoin with a one-to-one value against…
Stablecoin Supply Up 388% This Year, Driven By DeFi And Derivatives Markets
The stablecoin market has seen relentless growth in 2021, with supply up 388% according to data compiled by The Block Research. as stated inreport The Block Research’s 2022 Digital Asset…
The US Financial Stability Council Lists Stablecoin and Crypto as Threats to the Financial System
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US Senate Committee Holds Hearing on Stablecoin Approaches
senate committee Banking, Housing and Urban Community The US Senate Committee on Banking, Housing, and Urban Affairs held hearings from several expert witnesses with knowledge of stablecoins and calls for…
Shadow Government of Myanmar Announces Stablecoin USDT as Official Currency
National Unity Government (NUG) or shadow government of Myanmar led by supporters of Aung San Suu Kyi imprisoned leader has announced that Tether (USDT) is tied to the US dollar.…
World Economic Forum Releases Document for CBDC and Stablecoin Targeted at Regulators and Business Leaders
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The European Central Bank (ECB) calls for urgent stablecoin regulation.
The European Central Bank (ECB) calls for urgent stablecoin regulation. He urged regulators not to delay regulating stablecoins. The central bank said that the growth of cryptocurrencies Fiat-backed cryptocurrencies are…
Tether launches USDT Stablecoin on Avalanche blockchain
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Bank for International Settlements wonders whether stablecoin, CBDC will create risks in developing countries
A number of emerging markets and developing countries (EMDE) are looking for stablecoin and central bank digital currencies (CBDC) to address weaknesses in their financial systems. But from the report…
Rumor: US Treasury Department Prepares SEC to Regulate Stablecoin
The US Securities and Exchange Commission (SEC) may move significantly closer to regulating stablecoin. followBloomberg articles on Monday, citing people familiar with the matter. It is expected that the US…