Stablecoins News
Global Stablecoins need governing body, pose risk to financial stability says IMF, FSB in new G20 report
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) published a report commissioned by G20 under India’s leaders...
Blanket Crypto Bans Won’t Work, Joint IMF, FSB Paper Warns
Just banning cryptocurrency won’t eliminate its risks, a joint policy roadmap published by global standard setters Thursday said. The ...
Visa’s Head of Crypto Says Payments Giant Eyeing CBDCs, Stablecoins and Blockchain Networks
The Visa executive in charge of the payments giant’s crypto department says the company is looking at a future where it has several types ...
Solana and USDC Transaction Speeds Open the Door to Wider Adoption
Visa is expanding its capabilities for digital currency settlement, according to a September 5 announcement. The payments giant will now uti...
ECB Warns PayPal Cash Grab Can Monopolize Stablecoins
European Central Bank executive Fabio Panetta has criticized PayPal and its PYUSD stablecoin for exploiting the loosely regulated private st...
Has Ripple Shifted From XRP As A Reserve Currency To Stablecoins On DEXs?
Ripple’s strategic direction with the XRP token has historically always been a subject of intense scrutiny and discussion. Recent developm...
Reasons behind the sharp decline in Bitcoin volumes in 2023
Sharp fall in the DXY index impacted stablecoin share of Bitcoin volumes in 2023. Binance was guilty of being a major contributor to the dec...
VC Firm Paradigm Urges Tailored Legislation for Stablecoins’ Unique Role in Payments
The paper begins by acknowledging that while recent U.S. Congressional proposals have allowed for stablecoin issuance beyond banks, the ongo...
How does FDUSD measure against BUSD? A market analysis
Binance to stop BUSD spot trading and withdrawals in September. FDUSD market cap and volume rose significantly in the past 24 hours. Followi...
Stablecoins Can Provide an Escape From High-Inflation Currencies: Brevan Howard Digital
The stablecoin market is expected to grow to trillions of dollars of supply and hundreds of trillions of dollars in transaction value in com...
Lira-Backed TRYB Token Becomes World’s Second-Largest Non-Dollar-Pegged Stablecoin
TRYB’s market cap (Coingecko) “Since the Turkish lira price has been very volatile and losing value against the U.S. dollar, the...
Opinion
How Worldcoin is undermining crypto’s original ethos The new crypto from OpenAI’s founder requires users to supply biometric data. What ...