BTC-Tether relationship: How long can it last?
It's time to take another look at USDT, the USD-pegged "stablecoin" otherwise known as Tether.
Latest stablecoin News
Blockchain-friendly Bank Frick adds support for USDC stablecoin
USDC integration allows Bank Frick users to send and settle payments at a faster rate than the SWIFT network used by a majority of banks
Total stablecoin supply passes $10 billion
The total stablecoin supply has grown by over 70% since the beginning of February, indicating a demand for a “stable” asset during extreme volatility.
Fake Libra scams pose new challenge for Facebook
Almost a year after Facebook’s Libra was first announced, the outlook for the stablecoin looks starkly different.
Facebook doubles down on Libra with 50 new hires
The new starts will work from Facebook’s Dublin office for its Calibra payments subsidiary.
Facebook tries to invent PayPal again with Libra II
The Libra project is looking to get things off the ground in a different way, applying for a financial license with the Swiss regulator.
Libra changes white paper to win over regulators
Realizing that a basket of fiat currencies would never please anyone, Libra has now shifted to developing several stablecoins.
G20’s Financial Stability Board warns of Libra-like stablecoin risk
The Financial Stability Board published a list of recommendations in a bid to shape a common global response to regulating stablecoins.
Bank of England official: Tech firms may beat central banks on digital currency
Sarah John urged reserve banks to move more quickly towards developing and deploying crypto payment solutions..
European Union regulators weighing options on Facebook Libra
Regulators in the European Union are reportedly struggling to decide how best to regulate Facebook Libra and the wider sector.
FinCEN: Work within the rules or face enforcement action
Cryptocurrencies, and those developing them, must conform to existing anti-money laundering principles or face action.
Japan eyes publishing digital currency proposals
Lawmakers in Japan are set to publish proposals this week which could pave the way for digital currency use in the country.