by COINS NEWS - 2 months ago
Banks Don’t Want Fair Competition, Stablecoin Yield Fight Proves This
submitted by /u/x___rain [link] [comments]
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by COINS NEWS - 2 months ago
submitted by /u/x___rain [link] [comments]
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...
by COINS NEWS - 2 months ago
submitted by /u/MosmoFX [link] [comments]
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 - 3 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 - 3 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 - 3 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 - 3 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 - 3 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 - 3 months ago
submitted by /u/CriticalCobraz [link] [comments]
by COINS NEWS - 3 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 - 3 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 - 3 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 - 3 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 / Google News Bitcoin - 3 months ago
Binance completes $1 billion shift of stablecoin reserves into bitcoin (BTC)& & CoinDesk
by COINS NEWS - 3 months ago
submitted by /u/Realistic_Factor409 [link] [comments]
Bitcoin News / Bitcoinist - 3 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 - 3 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)
Bitcoin News / Bitcoin.com - 3 months ago
Ripple is expanding its Middle East push by deepening ties with UAE bank Zand, integrating stablecoins, cross-currency liquidity, and on-chain issuance as regulated institutions move dollar- and dirham-linked assets onto blockchain rails. Ripple and...
Cryptocoins News / Finance Magnates - 3 months ago
Stablecoins promise cheaper, faster money transfers into Africa, but new data shows that the real cost of turning digital dollars into local cash often remains high and depends heavily on who controls each corridor. A January review of 66 African sta...
by COINS NEWS - 3 months ago
submitted by /u/Cratos007 [link] [comments]
Cryptocoins News / The Cointelegraph - 3 months ago
Deel will enable its customers to pay workers in the United Kingdom and European Union, with a US expansion planned later.Global payroll platform Deel will begin offering stablecoin salary payouts through a partnership with MoonPay, starting with wor...
Cryptocoins News / The Cointelegraph - 3 months ago
The pilot programs explore wholesale settlement between institutions and real-world use cases, along with stablecoin development and tokenized bank deposits.Bank Negara Malaysia (BNM), the country’s central bank, said on Wednesday that its Digital As...
Cryptocoins News / The Cointelegraph - 3 months ago
Data observed across 66 corridors in Africa shows conversion costs from 1.5% to 19% in January, with competition driving pricing gaps.Update Feb. 12, 6:50 am UTC: This article has been updated to add comments from Borderless.xyz CEO Kevin Lehtiniitty...
Bitcoin News / Bitcoin.com - 3 months ago
USAD is now live on the Aleo mainnet, introducing a digital dollar to a programmable layer one (L1) blockchain built with native transaction privacy. Digital Dollar USAD Now Available on Aleo Blockchain Paxos Labs and the Aleo Network Foundation anno...