Facebook Crypto Project Libra to Launch Dollar-Pegged Stablecoin in Early 2021
Libra, a cryptocurrency project led by social media giant Facebook, has announced its plans to launch a US Dollar-pegged stablecoin in January of 2021.
stablecoin (Latest Publications)
A Momentary Price Increase of DAI on Thanksgiving Morning Led to a Massive Liquidation Event on Compound
A momentary price increase of DAI stablecoin on Coinbase Pro on thanksgiving morning, November 26, resulted in a massive $85.2 million liquidation event on Compound DeFi protocol.
UK To Research CBDC and Regulate Private Stablecoins
The United Kingdom has officially announced its interest in regulating private stablecoins and researching a Central Bank Digital Currency (CBDC). Yesterday on November 9, the UK
US Federally-Charted Banks Now Have The Authority to Hold Stablecoin Reserves
US national banks and other federally-charted financial institutions are now authorized reserves on behalf of customers who issue certain stablecoins.
Major Stablecoin Projects Launches the World Stablecoin Association in Switzerland
The World Stablecoin Association (WSA) has been launched in Geneva, Switzerland, to bring the major stablecoin projects at one place to provide a meaningful platform for
4 Countries in South East Asian Could Soon Launch a Regional Stablecoin
Four South East Asian countries could soon launch a digital fiat currency based on a basket of their respective national currencies to aid economic trade amongst
Web-Scale Blockchain Platform Solana Partners With Terra Money To Build a Token Bridge To Bring Stablecoins to Its Ecosystem
Solana, the world’s first web-scale blockchain network, has partnered with South Korean payment platform Terra Money to bring stablecoins into its DApp ecosystem.
The G20 Financial Stability Watchdog Gives Recommendations on how to Regulate Global Stablecoins
If you have been following up on the development of the Facebook-proposed global stablecoin Libra, then you know that the project has received a heavy push
Binance Issues BKRW stablecoin pegged to Korean Won
Binance issued its first 1:1 backed stablecoin pegged to Korean Won in partnership with Korean fintech company BxB.
Bank of Canada won’t launch Cryptocurrency before Libra
Timothy lane, Deputy Governor, Bank of Canada has a speech yesterday at the CFA Montreal FinTech conference. He talked mainly about digital payment and its benefits
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