2024-4-11 10:00 |
FDUSD has quickly become the fourth-largest stablecoin since its launch in July under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion.
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Binance, the leading crypto exchange, has added a new stablecoin to its platform – First Digital USD (FDUSD) today. The stablecoin, issued by First Digital Trust, a Hong Kong-based digital asset custodian, has attracted attention and sparked controversy within the crypto community.
2023-7-27 01:00 | |
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Hong Kong-based trust company First Digital is set to introduce a new stablecoin, "First Digital USD" (FDUSD), which will be pegged to the US dollar and regulated in Asia.
2023-6-1 15:46 | |
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Circle, the digital fintech firm most famous as the issuer of the USDC stablecoin and, more recently, Euro Coin, has unveiled the launch of Euro Coin on the Avalanche blockchain. Circle anticipates the launch to be the first of many multi-chain launches for its reportedly fully-backed euro-denominated stablecoin.
2023-5-27 21:59 | |
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Digital payments platform Strike has integrated dollar-pegged stablecoin Tether’s USDT into its platform. According to a May 22 press statement shared with CryptoSlate, the integration aims to enable fast, safe, and efficient payments for Strike users and further increase the use and adoption of USDT.
2023-5-23 19:05 | |
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Ripple, a leading crypto solutions company, has introduced the Ripple CBDC Platform, a comprehensive solution for central banks, governments, and financial institutions to issue their own central bank digital currencies (CBDCs).
2023-5-19 09:41 | |
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The Digital Assets Financial Technology Inclusion Committee held a hearing on May 18 to discuss stablecoin policy. In opening the meeting, Congressman French Hill said it is the committee’s aim to put through legislation supporting stablecoins as a recognized payment method.
2023-5-19 00:52 | |
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U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel.
2023-5-19 19:45 | |
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The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain.
2023-5-18 05:00 | |
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The SEC cannot regulate digital assets involved in the case as the UST stablecoin is a currency, not a security, lawyers for the disgraced crypto executive said.
2023-4-24 13:59 | |
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Forge — a regulated crypto arm of the French banking firm Societe Generale — is set to launch a new euro stablecoin called “CoinVertible” on the Ethereum blockchain. The investment bank aims to bridge the gap between traditional capital markets and the digital assets ecosystem through the launch of the euro-pegged stablecoin, according to the […] The post Societe Generale’s crypto arm to launch Euro-pegged stablecoin appeared first on CryptoSlate.
2023-4-20 16:30 | |
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EURCV will be offered to institutional clients as a means of bridging the gap between traditional capital markets and digital assets.
2023-4-20 12:06 | |
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Key takeaways Society General has launched its Euro-pegged stablecoin on the Ethereum network. The stablecoin, EURCV, is available to investors onboarded by Societe Generale. The stablecoin is designed to bridge the gap between traditional capital markets and the digital assets ecosystem.
2023-4-20 11:33 | |
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Stablecoin regulation in the US could require stablecoin providers to maintain reserves that would back their coin on “at least one-to-one basis. ” While major stablecoin entities like Tether (USDT) and USD Coin (USDC) already abide by this guideline, those that don’t risk a $1 million fee or up to five years in prison.
2023-4-20 20:11 | |
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Coinspeaker Crypto Regulatory: New Stablecoins Draft Bill Introduced in US House of Representatives The United States Congress is set to discuss a new bill geared towards providing requirements for payment stablecoin issuers, and research on a digital dollar.
2023-4-17 10:18 | |
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The draft bill makes sweeping recommendations that address stablecoins, CBDCs, and the future of the digital dollar. The post Stablecoin Bill is an ‘Extraordinary Moment For the Future of Dollar,’ Says Circle CEO appeared first on BeInCrypto.
2023-4-17 15:00 | |
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The Central Bank of Montenegro (CBCG) is collaborating with Ripple to develop a strategy and pilot program for the country’s first Central Bank Digital Currency (CBDC), or national stablecoin. The collaboration was announced in an April 11 press release. Its…
2023-4-11 12:55 | |
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BTG Pactual, the most significant investment bank in Latin America, is launching its first stablecoin called BTG Dol on April 5. The stablecoin will be backed by the US dollar on a 1 to 1 parity to provide a better connection between the digital economy and the traditional one.
2023-4-5 15:41 | |
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When integrated into the economy, a central bank digital currency or stablecoin would compete with bank deposits to the public benefit, at least until a financial crisis.
2023-3-23 00:15 | |
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On Mar. 4, Voyager Digital, the bankrupt crypto broker, sold 1,449 ethereum (ETH) via Wintermute, a crypto market maker and a proprietary trading platform, and received 2.25m USDC, a stablecoin.
2023-3-6 18:26 | |
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Cryptocurrencies can lose value for a variety of reasons. One of the main reasons is market sentiment, which is driven by the perception of investors and traders about the future prospects of a particular digital currency.
2023-3-1 14:57 | |
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Blockchain transaction data by Arkham Intelligence shows that Voyager Digital transferred some $121 million of crypto assets to exchanges in February and received some $150 million in USDC stablecoin in the last four days.
2023-2-28 04:01 | |
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This meant that over $1 billion worth of tokens called B-peg USDC – digital replicas of dollar-pegged stablecoin USDC – were uncollateralized despite Binance's claim that they were 100% backed.
2023-2-28 20:02 | |
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JPMorgan foresees more regulatory actions on stablecoin issuers, custody and protection of investors’ digital assets and on the unbundling of crypto services, the report said.
2023-2-24 15:02 | |
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Ripple has defined Central Bank Digital Currencies (CBDCs) as a key priority in its 2023 projections and goals, and already boasts notable collaborations with several countries. As Bitcoinist reported, in mid-January the fintech company landed the southeastern European country of Montenegro to pilot a digital stablecoin.
2023-2-17 12:25 | |
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Marcus Sotiriou, a market analyst at UK-listed digital asset firm GlobalBlock, says the SEC is just starting in its crackdown on crypto. The analyst said this in a note to clients on Monday following regulatory moves against crypto firm Paxos and the stablecoin BUSD.
2023-2-13 16:44 | |
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Cryptocurrency lending platform MakerDAO has integrated Chainlink Automation to stabilize the value of its stablecoin, DAI – a decentralized digital asset pegged to the USD. Chainlink shared the announcement in a press release on Thursday.
2023-2-11 09:38 | |
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Tether Holdings, organization behind most prominent stablecoin, reported significant boost to reserve that supports globally traded digital asset USDT
2023-2-9 19:13 | |
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Tether's assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued.
2023-2-10 14:29 | |
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The Bank for International Settlements (BIS) is prioritizing the focus on stablecoins and Central Bank Digital Currencies (CBDCs) in its forthcoming endeavors.
2023-2-8 23:15 | |
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Visa is working towards enabling its customers to switch between digital assets and traditional currencies through its platform as part of its cryptocurrency strategy for using stablecoin settlements.
2023-2-6 16:52 | |
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At the StarkWare Sessions 2023, Visa's Cuy Sheffield shared the company's vision for digital assets.
2023-2-6 19:03 | |
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Due to the potential of stablecoins in managing inflation, the algorithmic dollar-pegged digital assets have come under solid regulatory focus.
2023-2-2 18:07 | |
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Montenegro has announced a partnership with Ripple to launch a pilot project to create the country's first digital Stablecoin. Montenegro is a candidate country for EU membership whose applicatThe post Montenegro launches a pilot project to build the first Stablecoin appeared first on AMBCrypto.
2023-1-30 16:30 | |
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French Hill, a Republican, said the newly formed subcommittee on digital assets will look to tackle stablecoins first.
2023-1-27 21:14 | |
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The proposal by Paxos is part of MakerDAO’s effort to generate income on its $7 billion digital asset reserve.
2023-1-20 02:23 | |
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The massive potential and ability of blockchain, as well as stablecoins, have resulted in the growing awareness of the technology, and its continuous adoption attracts big firms and entities to utilize it.
2023-1-20 15:10 | |
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This marks the second “Big Four” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy.
2023-1-19 08:04 | |
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Alongside its interest in increasing crypto adoption in its region, the United Kingdom is now planning to launch its own stablecoin – a digital pound, according to Andrew Griffith, an economic secretary to the UK Treasury.
2023-1-12 19:30 | |
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The bear market deepens as negative news and FUD keep popping up. The latest on the list of fear-causing information is Justin Sun’s USDD stablecoin and popular crypto exchange Huobi. Mike Alfred, an investor serving as a board member of BTC miner Iris Energy and digital asset investment platform Eaglebrook Advisors, earlier today voiced out some warnings on USDD stablecoin and Huobi Exchange.
2023-1-6 14:00 | |
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There has been a sudden surge in cryptocurrency’s popularity around the world. Countries, whether large or small, are attempting to integrate blockchain and cryptocurrencies into their economy by going digital.
2022-12-27 14:23 | |
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Argentina's San Luis has passed a bill to establish a new stablecoin pegged unto the dollar. The move by Argentina comes after New York and Miami also joined the digital assets adoption's list.
2022-12-19 12:30 | |
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Bankhaus von der Heydt has its own stablecoin and digital asset custody and tokenization services, but it was on the market for a while and almost went to BitMEX execs.
2022-12-14 00:30 | |
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Bermuda’s first digital asset bank, Jewel, launched a stablecoin JUSD at the Polygon network. The company will release quarterly reporting on its reserves. On Monday, Jewel announced in a Twitter post that it would release a Polygon-based stablecoin dubbed Jewel…
2022-12-13 22:18 | |
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The Jewel USD stablecoin will be launching on Polygon.
2022-12-13 19:00 | |
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The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets.
2022-12-13 11:40 | |
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SFUSD is revolutionizing the way that digital money can be sent and spent online and in-store across the globe, by being cheaper, faster, and more secure. Each SFUSD can be converted 1:1 for USD.
2022-12-11 17:14 | |
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WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token.
2022-12-9 21:01 | |
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As Cardano (ADA) strengthens its position in stablecoin segment, Charles Hoskinson explains why algorithmic stablecoins matter
2022-12-4 18:44 | |
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After Meta Platforms (META) famously riled up U.S. regulators with Facebook’s abortive stablecoin initiative, the company is back with an effort to influence digital policy – this time for the metaverse – but it’s charting a less aggressive course.
2022-12-3 18:00 | |
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First Digital USD (FDUSD), a newly introduced stablecoin scheduled to make its debut on Binance on Wednesday has now faced a halt due to technical difficulties. A Bumpy Start To The FDUSD Journey The expected listing of FDUSD on Binance was initially set for July 26, 2023.
Coinspeaker First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move FDUSD will not be used in Hong Kong until its stablecoin regulations are fully in place. First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move