Browsing: Stablecoins
By establishing a comprehensive regulatory framework, the city aims to attract global fintech talent, foster innovation, and ensure the security…
“Ripple USD is currently in its beta phase and is being rigorously tested by our enterprise partners,” the company said…
BIS and UK Bank of England Project Successfully Shows Stablecoin Balance Sheets can be Supervised
“Should a mismatch occur between a stablecoin issuer’s liabilities (the coins in circulation) and the assets backing that stablecoin, this…
Bank of England (BOE) Says It Wants to Carry Out a Series of WCBDC, DLT and Stablecoin Experiments
The bank said it will work with the Treasury, Payments Systems Regulator and the Financial Conduct Authority to also ensure…
Switzerland’s FINMA Publishes Guidance on Stablecoins to Address Risks on Default Guarantees Issued by Banks
FINMA’s guidance, which builds on an initial note from 2019, sets out a number of requirements to ensure adequate protection.…
Tether issued $1 billion in new USDT tokens on the Tron blockchain as stablecoins’ total market cap grew. Payments giant…
Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the…
Standard Chartered, Animoca, Three Others Join HKMA’s Stablecoin Sandbox as Participants
“During the assessment process, these institutions were able to demonstrate genuine interest in developing a stablecoin issuance business in Hong…
State Street is reportedly creating its own stablecoin and deposit token. The company is considering new ventures in blockchain technology…
Stablecoins regulations introduced across the European Union have prompted questions about the U.S. plans for fiat-pegged tokens. Shifting political conditions…