Stablecoin adoption continues to go up in 2022 to top $7 trillion, notwithstanding the bearish conditions in the crypto market. Stablecoins dominate settlements According to CoinMetrics, the stablecoi...
Tag: Stablecoin
Stablecoin Dominance Retreats From November Record High
Stablecoin dominance is retracing slightly after reaching record highs as FTX went bust last month. A collection of more than 30 value-pegged tokens, led by Tether’s USDT and Circle’s USDC, were altog...
Ripple Launching Stablecoin Project for Republic of Palau – Is XRP Involved?
San Francisco-based payments firm Ripple is launching a stablecoin project for the Micronesian nation of Palau. Speaking at a crypto conference in Singapore, Surangel Whipps Jr., the current President...
Chiliz (CHZ) launches GameUsed.com, Tron’s (TRX) USDD Stablecoin Falls under 97cents, Snowfall Protocol (SNW) up 300% during Santa Rally
The cryptocurrency market is known for its wild volatility. Coins gain and lose value quickly depending on the market sentiment at the time and major news. For instance, Chiliz (CHZ) has recently shot...
Pat Toomey Reveals Stablecoin Regulatory Proposal Before Retiring
A US Senator comes up with a stablecoin regulation bill. SEC and CFTC might lose their control over regulatory authority over the crypto sector. The Senator has announced his retirement from the Senat...
US Senator Toomey unveils permissive stablecoin bill prior to retirement
Soon-to-be retired U.S. senator Pat Toomey introduced a bill on Dec. 21 that could pave the way for a more open stablecoin framework beginning next year. Titled the Stablecoin TRUST Act, Toomey’s bill...
Cardano Stablecoin Project Set To Debut in January As the Ethereum Rival’s Ecosystem Develops
A decentralized finance (DeFi) stablecoin project is gearing up for its debut on the Cardano (ADA) blockchain early next year. In a new interview with Learn Cardano Podcast host Peter Bui, head of COT...
Lame Duck Senator Leaves Stablecoin Bill Legacy
Retiring Sen. Pat Toomey’s stablecoin bill, which seeks to establish significant regulatory guardrails for the crypto industry, hit the Senate floor Wednesday — eight months after the draft proposal w...
Outgoing U.S Senator Pat Toomey Introduces Stablecoin Legislation
2 hours ago | 2 mins read Altcoin News Toomey proposed new crypto legislation a week after giving his farewell statement. The measure would have OCC issue a new federal license for “payment stablecoin...
Stablecoin settlements can surpass all major card networks in 2023: Data
Stablecoins play a very critical role in the crypto economy today and despite the recent run-down in the broader market, stablecoin volumes continue to dominate most exchanges. According to Coinmetric...
US Senator proposes bill for better stablecoin legislation
Outgoing Pennsylvania Senator Pat Toomey on Wednesday introduced a bill that he expects would serve as a model for stablecoin legislation in the coming year. The bill seeks to give stablecoin an immu...
Outgoing U.S. senator Pat Toomey introduces Stablecoin TRUST Act
Outgoing Pennsylvania Senator Pat Toomey introduced the Stablecoin TRUST Act. Toomey has said that the FTX disaster was caused not by the operations of cryptocurrency, but by the improper or fraudulen...
Pro-Crypto US Senator Introduces Stablecoin Trust Act Ahead of Retirement
Pro-crypto U.S. Senator Pat Toomey has left a parting gift for Congress before he retires. On Dec. 21, he filed the “Stablecoin Transparency of Reserves and Uniform Safe Transactions Act of 2022,” als...
US Senator Toomey introduces stablecoin bill as congressional session wraps up
Republican Senator Pat Toomey, who is set to retire from U.S. Congress at the end of the term, has used one of his last few weeks in office to introduce a new stablecoin bill, aimed at creating a regu...
Stablecoin Settlements May Surpass Visa and MasterCard
This year has been a massive downward trend for the crypto market, but stablecoin usage and adoption are still increasing. Stablecoin adoption has grown quickly in 2022 despite crypto markets crashing...
A stablecoin different than the others
Join Our Telegram channel to stay up to date on breaking news coverage In a gaming arcade, you must first exchange your cash for arcade tokens in order to use the games featured inside. Within the arc...
Waves Founder Unveils New ‘Undepeggable’ Stablecoin Amidst USDN Crisis
Waves blockchain platform founder, Sasha Ivanov, announced plans to launch a new stablecoin as Waves-backed Neutrino Dollar (USDN) failed to secure its peg. As per the Twitter update, Ivanov vowed tha...
Retiring Sen. Toomey introduces new stablecoin bill
Sen. Pat Toomey, R-Pa., introduced a bill that would establish a federal framework for stablecoins and aims to “guide Congress” toward future crypto regulation, less than two weeks before the Republic...
Waves Platform CEO Announces New Stablecoin –
Join Our Telegram channel to stay up to date on breaking news coverage Waves blockchain platform founder and CEO Sasha Ivanov has announced plans to launch a new stablecoin. Sasha Ivanov made the reve...
Waves Platform CEO announces launch of new stablecoin
Sasha Ivanov, the founder, and CEO of Waves Platform has announced that he will be launching a new stablecoin. Two things:– I will launch a new stable coin– There's gonna be a $USDN s...
Waves Founder Announces Launch of New Stablecoin Amid USDN Depeg
Altcoin News Ivanov cited the existing USDN model’s insensitivity to market volatility for depeg. At the beginning of April 2022, USDN saw its first significant collapse. Waves CEO and founder Sasha I...
Cardano-Centered Stablecoin Djed Set to Debut in January — ADA Poised For Rapid Adoption ⋆ ZyCrypto
Advertisement     The Cardano blockchain gears up to see the launch of one of its most anticipated stablecoin projects, Djed. Shahaf Bar-Geffen, the head of COTI Netwo...
Waves founder announces new stablecoin as USDN depegs
Sasha Ivanov, founder and CEO of the Waves blockchain platform, is planning to launch a new stablecoin amid the ongoing crisis of the Waves-backed stablecoin, Neutrino USD (USDN). Ivanov took to Twitt...
Waves to launch new stablecoin after USDN depegs
Today, waves founder Sasha Ivanov announced the launching of a new stablecoin and a solution to curb the current USDN problems. New stablecoin in town Waves’ creator Sasha Ivanov posted a tweet that h...
Waves Founder Launching USDN Recovery, New Stablecoin
Waves founder Sasha Ivanov said he intends to issue another stablecoin, upon announcing plans to stabilize Neutrino USD (USDN). “Two things: – I will launch a new stable coin – There’s gonna be a $USD...
Canadian Central Bank emphasizes need for stablecoin regulation
The global market for fiat-referenced crypto assets increased 30-fold between the beginning of 2020 and mid-2022. The top three fiat-referenced crypto assets currently control 90% of the total fiat-re...
Coinbase CEO calls for regulation of stablecoin issuers
Coinbase’s CEO, Brian Armstrong, proposed a plan on Monday to bring regulatory stability to the crypto industry. He believes the law will encourage the adoption of stablecoins. Stablecoin issuer regul...
Waves Blockchain Founder Sasha Ivanov Promises USDN Revival Plan, New Stablecoin
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The Bank Of Canada Stresses Stablecoin Regulation When Legislation Is Presented
Following the failure of the Canadian government to contemplate legislation, experts from a central bank have penned a letter in which they assert that regulation is necessary in order to realize the ...
Bank of Canada cynical on crypto, plumps for stablecoin regulation
Bank of Canada (BOK) just released a statement on the need for regulating stablecoins pegged to a centralized fiat currency. One of the main reasons for this decision is the high demand for crypto ass...
Bank of Canada emphasizes need for stablecoin regulation as legislation is tabled
Staffers at the Bank of Canada released an analytic note on fiat-referenced crypto assets, otherwise known as stablecoins, Dec. 19. In addition to a review of mechanisms for creating and distributing ...
Argentina’s city passes bill establishing a dollar-pegged stablecoin
Policymakers in San Luis have passed a new law called the Financial Innovation for Investment, and Social Economic Development set to enable stablecoin technology. The goal is to introduce a new coin,...