Tag: Stablecoin
Major Aussie bank takes next step to AUD stablecoin after Chainlink test transaction
Australia and New Zealand Banking Group is one step closer to launching its bank-issued stablecoin A$DC after…
Opera browser debuts stablecoin wallet MiniPay in Africa
The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile…
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
Stablecoin issuer Paxos has published the first transparency report for the Ethereum-based stablecoin PayPal USD (PYUSD), stating…
Stablecoin de-pegging plagued USDC and DAI more than others: Analysts
Dollar-pegged stablecoins are not immune to dropping their pegs but some such as Circle’s USD Coin (USDC)…
Fed vice chair Barr gives update on CBDC research, plugs stablecoin legislation
The United States Federal Reserve Bank vice chairman spoke at the Philadelphia Fed’s fintech event on Sept….
Palau to freeze USD-backed stablecoin after pilot launch in July
Palau, a country in the western Pacific Ocean, is wrapping up its United States dollar stablecoin project…
Binance pushes new stablecoin as it confirms plan to cease BUSD support
Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a…
Circle launches USDC stablecoin on Mercado Pago in Chile
Fintech company Circle announced a partnership with Mercado Libre to bring the USDC stabelcoin to Mercado Pago…
US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction
The Federal Reserve is seemingly running interference with congressional efforts to regulate stablecoins, according to a letter…
Num Finance launches Colombian peso stablecoin on Polygon
Argentina-based Num Finance has announced it has gone live with a n stablecoin pegged to the Colombian…