Tag Archives: Stablecoins

[ad_2][ad_1] Source: Adobe / Krakenimages.com The stablecoin regulation law proposed to the US Congress has once again highlighted an important difference between centralized and decentralized projects in terms of regulation. (Updated at 13:22 UTC: updates in bold.) There is a lot of discussion currently in the Cryptoverse over the recent …

[ad_2][ad_1] A new bill presented Wednesday in the US Congress could enforce general regulation on all stablecoins. If approved, any services provided in connection with these types of cryptocurrencies would become illegal without first receiving approval from multiple government bodies: “It will be illegal for any person to issue a …

[ad_2][ad_1] In recent times the use of Stablecoin has gained momentum amid the high volatility and strong bullish trend currently at play in the cryptocurrency market. This evidence has been attributed to the daily trading volume observed in the world’s major stablecoins, which at the time of writing Tether the …

[ad_2][ad_1] Ripple could have acquired more customers for its XRP-based payment solution, On-Demand Liquidity (ODL), in 2020 if there had been more regulatory certainty. Central banks are looking into XRP Ledger as an open source technology for issuing stablecoins. In a new episode of “The Scoop” podcast, Frank Chaparro spoke …

[ad_2][ad_1] With the continued rise in popularity of DeFi protocols, it was only a matter of time before the hackers caught on and tried to get away with it. The recent hack suffered by Akropolis, an Ethereum-based DeFi protocol, resulted in a loss of more than 2,030,850 DAI ERC-20 tokens. …

[ad_2][ad_1] 2020 was the year of stablecoins, as the token supply has doubled over the past three months. The aggregate market cap of 28 stablecoins captured over $ 20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has moved closer to the top ten cryptocurrencies. …

[ad_2][ad_1] Bitcoin has performed well in the face of a grim news cycle as stablecoin assets in the crypto ecosystem continue to grow. Bitcoin (BTC) traded around $ 10,515 at 20:00 UTC (16:00 ET). Down by 0.44% compared to the previous 24 hours. Bitcoin 24 Hour Range: $ 10,362- $ …

[ad_2][ad_1] On January 15, CoinGecko released its annual encryption of 2018. The 83-page document provided valuable insights into the downward trend in the last year and its implications on the market. It included 13 chapters and a section of appendix, summarizing all the cryptic things in 2018, from market dynamics …

[ad_1] The market is starting to distinguish between stablecoins, although these cryptocurrencies are all designed to swap 1 to 1 with fiat. Several US dollar pegged cryptocurrencies are now trading significantly higher or significantly lower than the greenback, reflecting investors' perceptions of their relative risk. Since stablecoins are typically used …

[ad_2][ad_1] BitPay, a bitcoin payment service provider, has announced that its merchants will now be able to receive a multi-cryptocurrency agreement. As per official report, the company has added support for Bitcoin Cash and three stablecoins, which include PAX, USDC and GUSD. BitPay traders can now receive multi-cryptocurrency settlements The …