Algorithmic Stablecoins are considered to be a more upgraded version of already popular stablecoins, while critics consider them a disaster waiting to happen A whole new debate seems to have started w...
Tag: Stablecoins
Canadian dollar to remain and concerns about blockchain and stablecoins rise
The blockchain capital of the world is a distant dream for Canada for the time being The Canadian dollar will stay at the focal point of the country’s monetary framework A promise by a resistance chi...
Blindex Brings Two New Stablecoins to RSK and Bitcoin DeFi
[PRESS RELEASE – Gibraltar, United Kingdom, 25th April 2022] The Rootstock ecosystem continues to gain momentum in attracting DeFi protocols to the Bitcoin network. Blindex is one of the latest protoc...
Stablecoins are becoming a safe haven for Afghans fleeing the oppressive Taliban regime
We are witnessing a global cryptocurrency boom, but not all crypto adoption around the world is made equal. While prospects of gaining wealth fuel most spikes in adoption, some result from a pressing ...
FinTech Association of Hong Kong Supports HKMA’s Risk-Based Approach to Regulate Stablecoins
The FinTech Association of Hong Kong (FTAHK) has published a response to the Hong Kong Monetary Authority’s (HKMA) January discussion paper on crypto assets and stablecoins. The FTAHK said that ...
Afghans Aim To Protect Their Wealth Using Stablecoins – Bitcoin Not An Option?
Afghanistan is currently one of the top 20 countries that have widely adopted cryptocurrencies. Afghans have shifted to digital coins to protect their wealth from Talibans. Crypto is highly volatile b...
Blindex Launches Two New Stablecoins on Bitcoin’s RSK Network – crypto.news
The Rootstock (RSK) ecosystem has welcomed two new algorithmic stablecoins: $bGBP (Great Britain Pounds) and $bXAU (gold) from Blindex. The bGBP stablecoin is pegged to the British Pound and can be sw...
Blindex Protocols Integrate RSK With Two New Stablecoins ⋆ ZyCrypto
Advertisement     Blindex, a multi-currency fractional algorithmic stablecoin protocol is elated to announce the launch of its two algorithmic stablecoins, $bGBP and $...
Huobi Incubator Partners Celo to Promote Stablecoins for the Masses
[PRESS RELEASE – Please Read Disclaimer] Huobi Incubator, the project incubation arm of Huobi Global, today announced that it will co-host Celo x Huobi: Stablecoin in Web3 & Sustainability hackath...
Algorithmic Stablecoins: Dollar Doppelganger? – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Algorithmic stablecoins are witnessed as to be an equalizer considering the restrictions which both, the dollar and crypto assets possesses. Algorithmic stablecoin backers have the audacity to claim t...
Afghan Citizens Turn to Stablecoins, Not Bitcoin, to Protect Wealth
Afghan citizens are turning to stablecoins to protect their finances as fears of a Taliban crackdown on wealth grow. Citizens are worried that the Taliban will seize assets, which would worsen an alre...
Stablecoins as a real threat to Bitcoin
Despite the fact that Bitcoin is still the most talked about and most valuable cryptocurrency in terms of market capitalization, the truth is a bit more nuanced. It’s tempting to believe that PayPal’s...
Algorithmic Stablecoins Critics Believe New Breed Of Crypto Assets Are Going To Be A Disaster
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Algorithmic Stablecoins – A Dollar Copycat?
Are algorithmic stablecoins trying to clone the intrinsic qualities of fiat money or dollar; like security? The recent craze over algorithmic stablecoins has stirred mixed reactions from the crypto co...
Critics say algorithmic stablecoins are ‘disaster waiting to happen’
The recent increase in the popularity of the so-called “algorithmic stablecoins” has caused an uproar within the crypto community, resulting in serious debates around their utility for the crypto mark...
Algorithmic stablecoins create buzz in the crypto community
TL;DR Breakdown Algorithmic stablecoins hit the market with new interest from investors and developers. Tron creates an algorithm-backed stablecoin to mirror Terra`s success. Understanding the new cry...
Russia wants to legalize crypto but not stablecoins
Russia has enacted a bill to authorize the use and trading of crypto, with an unexpected ban on stablecoins. The first steps towards crypto and stablecoins Russia’s first steps towards crypto, with a...
Tether CTO Talks About Crypto Legal Tender In Lugano, Says CBDCs And Stablecoins Can Co-exist Together
The Chief Technology Officer at Tether and Bitfinex, Paolo Ardoino said that the company’s position as the most used stablecoin is not threatened by the rise in competition in the stablecoin market, a...
Tether is gaining momentum against competing stablecoins, says Tether CTO
Paolo Ardoino, the chief technology officer of Tether and Bitfinex, is confident that Tether will preserve its status as the most used stablecoin, despite the rapid growth of competitors such as USD C...
Terra Founder Do Kwon Believes Backing Stablecoins With Bitcoin Or Luna Can Abolish These Risks
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Tether (USDT) and USDC stablecoins are being launched on the Cardano blockchain
Since the debut of Tether, stablecoins have existed in the cryptocurrency space, but there have been no notable stablecoins in the Cardano ecosystem until recently. Charles Hoskinson, the Cardano foun...
Backing Stablecoins With Bitcoin or Altcoins Eliminates This Massive Risk, Says Terra (LUNA) Founder Do Kwon
Terra (LUNA) founder Do Kwon says that backing stablecoins with the US dollar may limit the use cases of these assets. In a new interview on CNBC, Kwon identifies the potential risks that come with pe...
Stablecoins Are The Perfect Trojan Horse For Bitcoin, Says Tether’s Paolo Ardoino
Bitfinex and Tether chief technology officer Paolo Ardoino, while speaking about crypto adoption in Europe, says stablecoins are the perfect Trojans for Bitcoin. Ardoino was speaking at the historic P...
Stablecoins are the perfect Trojan horse for Bitcoin, says Tether CTO
As one of a number of Cointelegraph representatives attending the Paris Blockchain Week Summit (PBWS) at the historic Palais Brongniart — a neoclassical building that had been the headquarters for the...
Stablecoins Are The Boogie Man Of Government, Here’s Why
stablecoins getty Bitcoin (BTC) holds no fear for the world’s government. It is not anonymous, it is very traceable, it gets seized all the time and hardly any bad guys use it for nefarious purposes. ...
BlackRock to Manage USDc’s $50 Billion as Custodian Stablecoins Go Fractional Reserve – Trustnodes
The world’s biggest asset manager has just become a bit bigger still, grabbing USDc’s fiat reserves to asset manage. “With the BlackRock partnership, we are expanding on our existing relationship with...
TON Foundation in Talks to Launch Stablecoins in Central Africa
Africa’s position as a global leader in crypto adoption could get a boost if efforts to launch a stablecoin in Central Africa succeed. The TON Foundation is in talks with governments in Central Africa...
What Are Stablecoins & What Makes Them ‘Stable’?
Cryptocurrencies like Bitcoin, Ethereum, and others can be excellent investments for those looking for a big return, but their incredible volatility can also be a drawback at times. Because the value...
UK Government Outlines A Detailed Plan To Begin Accepting Stablecoins As A Valid Form Of Payment
Stablecoins are among the most dominant digital assets in existence. They are primarily pegged at a 1:1 ratio with fiat currencies such as the United States Dollar (USD) to maintain a stable value. As...
Crypto Veterans Shed Light on CBDC and Stablecoins Including TUSD, Endorsing Competition in Money Market
The renowned documentary series “The Future is Now” has recently shifted its focus to the blockchain industry. The team produced its first-ever crypto-related documentary titled “Aligning the Future,”...
Telegram’s TON In Talks With Three African Countries To Launch Stablecoins
TON Blockchain is working with Cameroon, the Democratic Republic of Congo (DRC) and the Republic of … [+] Congo to launch crypto p2p payments on Telegram. getty Africa has been widely reported a...