It's time to take another look at USDT, the USD-pegged "stablecoin" otherwise known as Tether.
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
The total stablecoin supply has grown by over 70% since the beginning of February, indicating a demand for a “stable” asset during extreme volatility.
Almost a year after Facebook’s Libra was first announced, the outlook for the stablecoin looks starkly different.
The Libra project is looking to get things off the ground in a different way, applying for a financial license with the Swiss regulator.
Realizing that a basket of fiat currencies would never please anyone, Libra has now shifted to developing several stablecoins.
The Financial Stability Board published a list of recommendations in a bid to shape a common global response to regulating stablecoins.
Sarah John urged reserve banks to move more quickly towards developing and deploying crypto payment solutions..
Regulators in the European Union are reportedly struggling to decide how best to regulate Facebook Libra and the wider sector.
Cryptocurrencies, and those developing them, must conform to existing anti-money laundering principles or face action.