BIS researchers believe that stablecoins will not live up to hype

BIS researchers believe that stablecoins will not live up to hype
фото показано с : btcmanager.com

2023-11-9 22:08

A recent report by the Bank for International Settlements raises concerns about stablecoins' ability to maintain parity with their pegged assets, challenging their stability and reliability as a digital currency.

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stablecoins parity → Результатов: 8


Stablecoin Market Cap Decreases, But Whales Remain Unfazed: Santiment

According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the combined market capitalization of the top five stablecoins – Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Dai (DAI), and TrueUSD (TUSD) – has been experiencing a consistent decrease.

2023-6-9 22:00


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Canada’s First Legally-Delivered USD Stablecoin Launched by Blockchain Venture Capital

Another day, another dollar-backed cryptocurrency stablecoin. This time, the Blockchain Venture Capital Inc. (BVCI) has launched CUSD — the first legally delivered USD-stablecoin in Canada. The cryptocurrency is supplemented by a mobile wallet called Bvc Pay which is used to store, exchange, and trade CUSD over-the-counter (OTC).

2019-11-11 12:58