Senator Pat Toomey Calls For A ‘Sensible Regulatory Framework’ On Stablecoins To Keep The Dollar Atop

Republican Senator Pat Toomey believes that U. S regulators can find a common ground with regard to drawing up regulations for stablecoins, barely a month since president Biden issued an executive order on digital assets.

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Is mStable truly innovative?

New protocols are constantly coming online in DeFi, with protocols using stablecoins being the most common.

The post Is mStable truly innovative? appeared first on CryptoSlate.

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Can Chainlink's next NFT gamble change the game for stablecoins

The hype of NFTs has led to the involvement of major alts like Ethereum and Solana. However, a lot of DeFi projects have one project in common - Chainlink. Thanks to its oracles, it provides real-timeThe post Can Chainlink's next NFT gamble change the game for stablecoins appeared first on AMBCrypto.

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A New DeFi Fintech, Scallop, Is Launching It’s SCLP Token

The global pandemic accelerated the use of technology in many sectors, including the banking industry. Cryptocurrencies, digital wallets, stablecoins and other blockchain-based solutions are becoming increasingly common and are changing the way people manage their money.

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Germany’s Grand Coalition Looks To Deny All Private Stablecoins Like Facebook’s Crypto Libra

France and Germany have agreed to block Facebook’s Libra cryptocurrency. In a joint statement, the two governments confirmed that no private entity can claim monetary power, which is inherent to the sovereignty of nations.

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Bitcoin to enjoy lower inflation rate than gold by 2021

Although the finance sector continues to find a common ground between the leading assets gold and Bitcoin, gold-backed cryptocurrencies are promising to bridge this divide. In this light, Crypto Research Report identified stablecoins as the latest competition for gold, and stated, “All of the gold-backed stablecoins on the market are centralized, which means they have […] The post Bitcoin to enjoy lower inflation rate than gold by 2021 appeared first on AMBCrypto.

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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future

Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.

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$200 Million Crypto Stablecoin TrueUSD Launches Instant Fiat Redemption

TrueUSD celebrated its first birthday on Tuesday, and the $200 million USD-pegged cryptocurrency stablecoin commemorated the occasion with two major announcements that could help buttress it as it seeks to supplant $2 billion Tether (USDT) as the market’s leading stablecoin.

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Coinbase and Circle co-found the CENTRE Consortium

Circle and Coinbase have co-founded the CENTRE Consortium, a joint venture aimed at establishing a standard for fiat on the internet and providing a governance framework and network for the global, mainstream adoption of fiat stablecoins.

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Eidoo Announces New ERC20 Gold-Pegged Stablecoin

Wildly fluctuating prices have been a stable fixture of the cryptocurrency market. While fluctuations are common in new markets, cryptocurrencies are evolving rapidly and creating some heated debates around the world.

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Bitcoin Magazine’s Week in Review: Making Strides Across Industries

Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.

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