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Cryptonews Tags Stablecoin

# Stablecoin (Page 38)

HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin
The Hong Kong Institute for International Finance (HKIIF) Chairman Xiao Geng recently highlighted the potential benefits of a CNY-pegged stablecoin for Hong Kong during an event. According to a report by Xinhua Finance, Xiao delivered a speech at “The First Shenzhen Finance Forum and The...
, by Hongji Feng
India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban
SEBI has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the RBI seeks a stablecoin ban.
, by Harvey Hunter
Philippines Central Bank Approves Trials for National Stablecoin Tied to Local Peso
The Philippines central bank has given the green light for controlled trials of a national stablecoin that will be pegged to the local peso.
, by Ruholamin Haqshanas
Colombia’s Bancolombia Launches Crypto Exchange Wenia and Stablecoin COPW
Bancolombia's Wenia exchange offers Colombian residents access to Bitcoin, Ether, and other major cryptos, alongside the COPW stablecoin.
, by Thomas Musgrave
Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study
A recent study conducted by Visa and Allium Labs has found that more than 90% of stablecoin volumes do not originate from genuine users.
, by Ruholamin Haqshanas
Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints
Ripple is reportedly planning to launch its much-anticipated USD-backed XRP stablecoin, the company’s CTO hints at an event. The information surfaced during the XRP Las Vegas conference on May 3-4, where David Schwartz, the chief technology officer of Ripple, revealed the firm’s...
, by Sujha Sundararajan
Coinbase Plans To Offer Stablecoin Pegged To Canadian Dollar
Coinbase is bolstering its relationship with Canada with a soon-to-launch stablecoin pegged to Canadian dollars. 
, by Andrew Throuvalas
Data Indicates Stablecoins Are Becoming A Global Asset Class
New data from blockchain research firm Chainalysis shows stablecoins are likely to become a global asset class. Here's why.
, by Rachel Wolfson
Stripe to Resume Crypto Payments, Starting with USDC Stablecoin on Numerous Blockchains
Fintech giant Stripe has announced its decision to once again allow customers to accept cryptocurrency payments after a six-year break.
, by Ruholamin Haqshanas
S&P Global Says US Stablecoin Adoption Could Soar Following New Rules
American credit ratings firm S&P Global said that a change in rules under the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence. In a research note Andrew O’Neill, managing director and co-chair of...
, by Tanzeel Akhtar
Crypto Payments Firm Triple-A Includes PayPal’s Stablecoin in Payment Options for Customers
Singapore-based payments company Triple-A has announced plans to integrate PayPal's stablecoin into its list of supported tokens.
, by Ruholamin Haqshanas
Tether Restructures with New Divisions Beyond Stablecoin Development
Tether, the operator behind USDT, the world's largest stablecoin by market value, has announced a significant restructuring to expand its scope beyond stablecoin development. This strategic move by Tether includes the introduction of four new business divisions: Tether Data, Tether...
, by Hassan Shittu
Senators Lummis and Gillibrand Introduce New Bill to Regulate Stablecoins
Senators Cynthia Lummis and Kirsten Gillibrand have joined forces to propose a new bill aimed at regulating stablecoins.
, by Ruholamin Haqshanas
Payment Use Cases Fuel Increasing Stablecoin Growth
The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets. The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...
, by Rachel Wolfson
Hong Kong Welcomes Crypto With New Initiative For Stablecoin Issuers
A crypto-supportive bank in Hong Kong is already in touch with five corporate clients planning to become stablecoin issuers.
, by Andrew Throuvalas
Japan’s Sony Bank Experiments with Issuing Stablecoin Pegged to Yen on Polygon
Sony Bank has embarked on a proof-of-concept endeavor to introduce its stablecoin, pegged to fiat currency like the Yen.
, by Hassan Shittu
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