The deputy director of China’s National Laboratory of Finance and Development reportedly says that the country should expand the scope of its …
Stablecoins
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Regulation
President Donald Trump Says Stablecoins ‘Will Help Expand the Dominance of the US Dollar’
by shayaanby shayaanUS President Donald Trump is optimistic that dollar-backed stablecoins will help maintain the US dollar as the leading currency in the world. …
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Regulation
ECB reiterates need for a digital euro to counter influence of dollar-based stablecoins
by shayaanby shayaanEuropean Central Bank (ECB) Chief Economist Philip Lane has reiterated the need for a digital euro, emphasizing its role in mitigating risks …
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ …
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World’s largest banks and fintechs are racing to launch their own stablecoins which are digital currencies pegged to the value of a …
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Analysis
Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst
by shayaanby shayaanA closely followed analyst says that the total market cap of the five largest stablecoins has reached heights never seen before. Crypto …
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Analysis
Binance To Delist Tether’s USDT and Eight Other Non-Compliant Stablecoins in Europe
by shayaanby shayaanTop global crypto exchange Binance is delisting Tether’s USDT and other stablecoins for European customers because the digital assets are not compliant …
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Finance
Bank Of America CEO Shares What They Need to Start Issuing Stablecoins
by shayaanby shayaanFortune magazine has published an interview with the chief executive officer of the financial services giant Bank of America saying that BoA …
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Finance
Stablecoins now represent over 1% of US dollar money supply, data shows
by shayaanby shayaanThe total stablecoin supply has surpassed $221 billion, making up more than 1% of the U.S. dollar M2 money supply. Stablecoins, once …
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Finance
As Inflation Hits Latin America, This Colombian Firm Offers Euro Savings Using Stablecoins
by shayaanby shayaanLatin Americans have long struggled with currency devaluation and limited access to stable savings options. Now, Colombian fintech Littio is expanding its …