Stablecoins: A Potential Counter to De-Dollarization

debt	2023-8-3 16:44

Demand for greenbacks in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the U.S. dollar's overall dominance. origin »

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Источник: coindesk.com

stablecoins foreign → Результатов: 21

Decentralized Forex Is Coming to Terra: Vertex Protocol Raises $8.5M

Vertex protocol raised $8.5 million to build a decentralized foreign exchange for Terra-based stablecoins. @camlearnscrypto reports

2022-4-27 16:00	Business
vertex protocol decentralized foreign exchange terra-based reports

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CBDC: European Central Bank exec worries digital euro may hurt foreign currencies

Crypto investors know well by now that institutions like the European Central Bank [ECB] are suspicious of stablecoins and often warn of their risks. On 10 December, Fabio Panetta, an executive boaThe post CBDC: European Central Bank exec worries digital euro may hurt foreign currencies appeared first on AMBCrypto.

2021-12-11 02:30	News
central bank european currencies cbdc foreign hurt

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Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair

Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a U.

2021-6-29 23:00	Federal Reserve
stablecoins legitimate regulatory said constructed managed quarles

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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services

Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.

2018-10-31 17:17	Startups
blockfi services prince bitcoin usd loan said

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HUOBI Group Sets up Shop in Africa, Middle East and South Asia

Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents.

2018-10-26 21:07	Adoption & community
huobi company stablecoins blockchain wallet usd support

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Coinbase Announced New Asset Listing Program

In a move to expand its asset offerings, Coinbase has created a new process by which anyone with a token can apply to have it listed on the platform. This news comes weeks after Coinbase said it was exploring the addition of several new assets including Stellar Lumens (XLM), Zcash (ZEC) and Cardano (ADA).

2018-9-27 01:15	Digital assets
coinbase new assets bitcoin listing platform asset

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Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07	Digital assets
stablecoins tether stablecoin stable usdt eichengreen bitcoin

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Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain

Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).

2018-9-11 01:58	Investing
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