Cryptocoins News / The Cointelegraph - 2 months ago
Joachim Nagel said euro-pegged stablecoins would offer the bloc more independence from US dollar-pegged coins soon to be allowed under the GENIUS Act.Joachim Nagel, president of Germany’s central bank, the Deutsche Bundesbank, supported the introduct...
Bitcoin News / Bitcoin.com - 2 months ago
Stephen Gandel believes that stablecoins rewards will not endanger the banking system and that estimates of deposit flight are excessive. Nonetheless, he acknowledged that the equity returns of banking institutions might be affected, as banks will be...
Cryptocoins News / The Cointelegraph - 2 months ago
OKX secured a Malta payment institution license to support EU-compliant stablecoin services, including OKX Pay and the OKX Card.Cryptocurrency exchange OKX expanded its regulatory footprint in Europe, securing a license for stablecoin payments.OKX ha...
Bitcoin News / Bitcoin.com - 2 months ago
Stablecoins are emerging as the first true “killer app” of blockchain, shifting from speculative assets to critical financial infrastructure. Local currency stablecoins are gaining traction for domestic payments, while dollar-backed stablecoins remai...
Bitcoin News / Bitcoin.com - 2 months ago
Brian Armstrong, CEO of Coinbase, recently offered his take on how banning stablecoin rewards in the CLARITY act would benefit the exchange’s operation. Nonetheless, he came under fire on social media, with his position criticized as disingenuous, ca...
Bitcoin News / Bitcoin.com - 2 months ago
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, a strategic bitcoin reserve bill was introduced in the Brazilian Congress, Brazil prepares to tax stablecoins, and Argen...
Bitcoin News / Bitcoinist - 2 months ago
Patrick Witt, a senior White House crypto adviser, told reporters that banks should not see stablecoin yield programs as an existential threat.
He argued that banks and crypto firms can both offer similar products to customers and that the controver...
Bitcoin News / Bitcoin.com - 2 months ago
The measure, described last week, would be submitted by Brazil’s Revenue Service for public consultation and would impose a 3.5% tax on both stablecoin purchases and remittances, treating them as foreign currency exchanges subject to the existing Tax...
Cryptocoins News / The Cointelegraph - 2 months ago
Crypto companies and platforms that provide stablecoin rewards have become a major point of contention in the CLARITY crypto market structure bill.The banking industry should not be threatened by crypto companies offering stablecoin yield to customer...
by COINS NEWS - 2 months ago
In a tweet, Vitalik Buterin commented on how stablecoins are way too centralized and, therefore, make Ethereum more centralized. He further added that these centralized coins now dominate the entire DeFi volume, effectively centralizing the mar...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin remains under selling pressure below the $70,000 level as the market confronts renewed uncertainty and weakening liquidity conditions. The inability to reclaim this key psychological threshold has reinforced a cautious tone among investors, w...
Cryptocoins News / The Cointelegraph - 2 months ago
The dollar-backed token, USDCBL, will serve as collateral for onchain perps, with cash and Treasury reserves generating yield retained within the protocol.The Decibel Foundation said it will introduce a protocol-native stablecoin, USDCBL, issued by B...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Binance finished the implementation of Ripple USD (RLUSD) on XRP Ledger and open the deposit on February 12th
Users still can not withdraw until the platform has significantly enough liquidity.
This throws RLUSD into a wider open and...
by COINS NEWS - 2 months ago
Amid strong fear in the markets, smart money has already begun accumulating Nanocurrency (XNO). Trading volume is up 28%, but the price hasn’t caught up yet, a classic pre-rally move in crypto markets. The cryptocurrency has already recovered y...
Cryptocoins News / The Cointelegraph - 2 months ago
The US National Credit Union Administration proposed a federal licensing regime for payment stablecoin issuers operating through credit union subsidiaries.The United States National Credit Union Administration (NCUA) has proposed its first rules unde...
Cryptocoins News / The Cointelegraph - 2 months ago
The dual-token structure seeks to sidestep US restrictions on yield-bearing stablecoins by separating returns from the stable unit itself.Securitize is launching a stablecoin backed by tokenized private credit assets in partnership with Hamilton Lane...
by COINS NEWS - 2 months ago
Ethereum Dominance: Ethereum remains the primary hub, hosting 9 out of 10 major stablecoins, withUSDf (93.1%) andUSDS (92.3%) being almost entirely chain-dependent. Segmented Strategies:USDT leads in payments viaTron (45.9%), whileUSDC domina...
Bitcoin News / Bitcoinist - 2 months ago
Africa’s promise of cheaper remittances via stablecoins is clashing with reality in many places. According to data from Borderless.xyz, January’s median spread for stablecoin-to-fiat conversions across Africa reached nearly 300 basis points — about 3...
Cryptocoins News / Blockchain - 2 months ago
Fosun Wealth Holdings debuts FUSD, Asia's first yield-bearing RWA stablecoin on Avalanche, backed by money market funds from BNY Mellon and ChinaAMC. (Read More)