NYDIG is calling time on what it says is one of crypto’s most persistent myths: that stablecoins are pegged to the U.S. dollar. …
Stablecoins
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Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own …
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Around the world, stablecoins are coming under a fairly consistent and convergent regulatory regime. They must be backed by real, high-quality assets, are …
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Bitcoin Updates
Fed Governor: Guardrails Essential for Stablecoins to Modernize Finance
by adminby adminStablecoins are surging into the financial spotlight as regulators push forward with frameworks that could unlock their full potential to revolutionize cross-border payments …
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Bitcoin Updates
Visa Thinks Stablecoins Can Break Into the $40 Trillion Credit Market
by adminby adminIn brief Visa reports stablecoins have originated $670 billion in lending over five years, with average loan sizes rising from $76,000 to $121,000. …
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Exchange Insights
Stablecoins Can Cut Cross-Border Payments Cost by 99%, KPMG Says
by adminby adminStablecoins are emerging as one of the clearest near-term use cases for transforming cross-border payments, according to a report last month from accountancy …
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Metaverse News
Stablecoins Surge to Record $314B Market Cap as Institutional Race Heats Up: Canaccord
by adminby adminThe stablecoin market has continued its rapid ascent, with overall capitalization hitting an all-time high above $314 billion as growth in Tether’s USDT …
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Metaverse News
Printing Money: Paxos Mints, Then Burns $300 Trillion in PayPal Stablecoins
by adminby adminCrypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos, the issuer behind the PayPal-branded PYUSD stablecoin, minted $300 …
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Market Forecasts
Tether And Circle Mint $4.5B In Stablecoins Since The Market Crash – Recovery Fuel?
by adminby adminTrusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether (USDT) is back in the spotlight after minting another …
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Paxos accidentally minted $300 trillion in PYUSD today, prompting community incredulity. The firm quickly burned these tokens and minted $300 million, claiming user …
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