Tag: Stablecoins

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RBI Chief Warns Stablecoins Endanger India’s Monetary Sovereignty

RBI Governor Das has criticized stablecoins for undermining local currency sovereignty. He promotes CBDCs as the secure future of digital payments in India.During...

Fireblocks Announces $1 Million Grant Program for PayPal USD Adoption

Fireblocks announces a $1 million grant program with Paxos to boost PayPal USD adoption and encourage innovative blockchain product development.Fireblocks has announced a $1...

Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion

Stripe acquires Bridge for $1.1 billion, expanding its crypto payments capabilities and boosting stablecoin adoption across businesses globally.Stripe has made its largest acquisition to...

SCB Launches First Stablecoin Cross-Border Payment in Thailand

SCB launches Thailand’s first stablecoin-based cross-border payment service, improving efficiency, lowering costs, and enhancing remittances globally.Siam Commercial Bank (SCB), Thailand's fourth-largest and oldest bank,...

Bitso, Mercado Bitcoin, and Foxbit Launch BRL1 Real-Pegged Stablecoin in Brazil

Three major players in Brazil’s cryptocurrency market—Bitso, Mercado Bitcoin, and Foxbit—have teamed up to launch BRL1, a stablecoin pegged to the Brazilian real. This...

Tether May Become the Second-Largest Cryptocurrency Soon

Will stable currencies ultimately take over bitcoin? According to a new report, the controversial stable coin known as Tether is slated to become the...

Randal Quarles: We Don’t Understand Enough About Crypto and Stable Coins

Randal Quarles – the chair of the Financial Stability Board and U.S. Federal Reserve governor – believes that nobody is taking bitcoin and other...

Japanese Financial Group Set to Build Its Own Form of Crypto

Mizuho Financial Group in Japan is allegedly planning to release its own form of crypto in 2019. The coin will be paired with the...

BitGo Rolls out Custodial Support for the Top Stablecoins

Custodial services for cryptocurrencies are in high demand. BitGo, a global leading security firm, is in the process of supporting additional tokens. Their list...

CoinJar Co-Founder Says Stablecoins Are the “Craze Right Now”

The co-founder of a Melbourne-based Bitcoin exchange has said that stablecoins are the "craze right now," with money and expertise moving toward it.Rising Interest...

Nexo Entices Non-USDT Stablecoin Holders to Provide Loan Liquidity

The cryptocurrency world has seen an influx of stablecoins. While their initial purpose is to provide a stable asset value, Nexo sees merit in...

Huobi Simplifies Stablecoin Management With HUSD Program

Cryptocurrency exchange Huobi has launched the HUSD program that will make it easy for customers to trade against different stablecoins and manage their portfolio....
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