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Stablecoins

Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro

Stablecoins

Stablecoins are digital assets that are referencing (pegged to) other assets, usually fiat currencies such as U.S. dollar and euro

Stablecoins   -   Aug 23, 2023 USDC Stablecoin Consortium Dissolved as Coinbase Acquires Direct Stake in Circle
Coinbase Circl

Coinbase is increasing its support for USDC with an investment in Circle, which will take full control over the second largest stablecoin issuance and governance.

Stablecoins   -   Aug 21, 2023 Former Modeling Agent and Singapore MP Introduces Euro and Swiss Franc Stablecoins
Former Modeling Agent and Singapore MP Introduces Euro and Swiss Franc Stablecoins

The Swiss Franc-backed stablecoin (ACHF) and the Euro-backed stablecoin (AEUR) will be issued on the Ethereum and BNB Chain blockchains

Australia Central Bank Publishes Findings Of Its Digital Dollar Research Project
CBDC   -   Aug 27, 2023 Australia Central Bank Publishes Findings Of Its Digital Dollar Research Project

The Australian Central Bank Digital Currency Pilot was focused on exploring potential use cases with an aim to define the 'public policy rationale' for it. Four key themes were identified.

Alex Harutunian
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CBDC   -   Aug 27, 2023 Australia Central Bank Publishes Findings Of Its Digital Dollar Research Project
Australia Central Bank Publishes Findings Of Its Digital Dollar Research Project

The Australian Central Bank Digital Currency Pilot was focused on exploring potential use cases with an aim to define the 'public policy rationale' for it. Four key themes were identified.

Alex Harutunian
Stablecoins   -   Aug 23, 2023 USDC Stablecoin Consortium Dissolved as Coinbase Acquires Direct Stake in Circle
Coinbase Circl

Coinbase is increasing its support for USDC with an investment in Circle, which will take full control over the second largest stablecoin issuance and governance.

Sasha Markevich
Stablecoins   -   Aug 21, 2023 Former Modeling Agent and Singapore MP Introduces Euro and Swiss Franc Stablecoins
Former Modeling Agent and Singapore MP Introduces Euro and Swiss Franc Stablecoins

The Swiss Franc-backed stablecoin (ACHF) and the Euro-backed stablecoin (AEUR) will be issued on the Ethereum and BNB Chain blockchains

Observers
Soramitsu   -   Aug 09, 2023 Blockchain Firm Soramitsu Plans Asia-wide Digital Payment Network
Soramitsu Vivit Tama Asia Bakong

Soramitsu plans to connect its Cambodia-based RTGS system, Bakong, to its cross-chain stablecoin exchange, creating a pan-Asian transfer and payment network.

Alex Harutunian
Stablecoins   -   Aug 08, 2023 PayPal Finally Launches Dollar Stablecoin After SEC-related Delays
PayPal PYUSDT stablecoin

On Monday, online payments processor PayPal announced the launch of its long-promised dollar-pegged stablecoin. The token was originally expected in Q1 2023, but was delayed following an SEC notice against issuing partner Paxos.

Jack Martin
Stablecoins   -   Aug 05, 2023 Tether Stablecoin Consolidated Reserves Report - 2023-Q2
Tether USDT BDO CRR report

Tether published its quarterly reserve report. The company has built up reserves but added little to the overall transparency.

Alex Harutunian
Stablecoins   -   Aug 04, 2023 Tether Blacklists Account Preventing $20M Loss Through Hacking Scheme
Tether Blacklists Account Preventing $20M Loss Through Hacking Scheme

As Tether again stopped a scam in its tracks by blacklisting a hacker’s account, users are reminded about the powers they hand to centralized money issuers.

Eva Senzaj Pauram
Stablecoins   -   Jul 26, 2023 Ethena Manifests Arthur Hayes’s Concept of a Bitcoin-based Stablecoin
Ethena Manifests Arthur Hayes’s Concept of a Bitcoin-based Stablecoin

Startup Ethena picked up on the crypto visionary's idea for a stablecoin that is fully collateralized, yet independent of the traditional financial system. The project has already received funding and onboarded a motivated team.

Alex Harutunian
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