Stablecoin – Page 15

Galaxy-Backed Gyroscope’s ‘All-Weather’ Decentralized Stablecoin Goes Live on Ethereum Mainnet

The GYD dollar-pegged token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs.

Societe Generale-Backed Euro Stablecoin EURCV Starts Trading on Bitstamp

The listing marks the first time a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange.

Fresh Money Flows to Crypto as Stablecoin Market Expands After 1.5 Years Downtrend

Tether's USDT added $7 billion to its market cap since September, a sign of capital entering the crypto market, Matrixport noted.

‘Cryptocurrencies Have Failed the Test of Digital Money,’ MAS’ Managing Director Says

Ravi Menon, the Managing Director of the Monetary Authority of Singapore, said crypto has performed poorly as a medium of exchange or store of value.

Crypto Tax Proposal Open for Revision, IRS Officials’ Questions Suggest

Federal officials heard Monday from the industry on the mayhem the U.S. crypto tax proposal could cause, but the most valuable revelations may have been what they asked about.

Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog

Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.

How Japan Is Leading the Race to Regulate Stablecoins

Japan’s new law tries to address one of the biggest fears about major stablecoins: Do issuers really have the assets to back them?

Crypto Long & Short: A Giant Awakens

“While it’s still winter, we have been swimming … getting our hands dirty for the long run,” said DBS’ head of digital assets, Evy Theunis.

Circle’s Euro-Pegged Stablecoin Is Now Available on Stellar Network

Stellar is the third blockchain available to send and receive Circle’s euro-pegged stablecoin after Ethereum and Avalanche.

Binance Warns of Multiple Stablecoin Delisting As Lawyers Puzzle Over EU’s MiCA

The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers