stablecoins
Coinbase CEO Hints At ‘Flatcoin’: The Next Wave In Stablecoins
Coinbase CEO Brian Armstrong hinted yesterday that the global cryptocurrency exchange may soon join the growing stablecoin trend with ‘Flatcoin’. Armstrong said the new project could create a new wave of stablecoins, allowing people to “seamlessly transfer value to anyone in the world.
Fed Vice Chair Barr gives update on CBDC research, plugs stablecoin legislation
Fed Vice Chair Barr has provided an update on the central bank’s research into issuing a digital currency. He has also urged swift advances in stablecoin legislation.
Stablecoins Can Provide an Escape From High-Inflation Currencies: Brevan Howard Digital
Stablecoins, digital assets backed by real-world assets, can provide individuals an escape from high-inflation currencies. Brevan Howard Digital, a firm that provides support services for Stablecoin projects, helps high-inflation currency holders protect their wealth.
Court asked to allow BlockFi to convert trade-only assets to stablecoins.
BlockFi is seeking to convert trade-only assets into stablecoins, according to a court filing. The company is asking a federal court to approve the move, which could provide more liquidity to digital asset holders.
EU banks backing stablecoins must face extra regulation, EBA draft says.
The European Banking Authority EBA has proposed extra regulations for EU stablecoin issuers who rely on bank assets in reserve The draft states that all such issuers must meet strict standards to protect consumers from potential risks
AQUA: A wallet for Latin America and the Global South. Hear JAN3 CEO Samson Mow explain the goal. #Bitcoin, stablecoins, and more.
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Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TUSD Poses Risk: Kaiko
A lack of transparency and regulation around stablecoins is leaving crypto markets “highly dependent” on them, with TrustToken’s TUSD potentially posing risk, according to data and research platform Kaiko.
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