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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   -   May 14, 2023 Tether’s 2023 Q1 Report: Gold, Bitcoin in Reserves
Tether report,gold, Bitcoin.

The issuer of the largest stablecoin, Tether continues its path to transparency. In the recent quarterly reserve report, the company showed a breakdown for a previously consolidated reserve category that revealed its investments in gold and bitcoin.

Stablecoins   -   May 09, 2023 Who Is Behind TrueUSD?
TrueUSD logo and Justin Sun with question on the face

Amid the growth of TrueUSD stablecoin, the community is puzzled by its ongoing support from Binance. Also, rumors are spread about the project's possible connections with Tron's Justin Sun. TrueUSD says the latter is not True.

Stablecoins Can Bring Innovation With Certain Guardrails: EU Regulator
Stablecoins   -   May 15, 2023 Stablecoins Can Bring Innovation With Certain Guardrails: EU Regulator

The European Banking Authority believes that stablecoins can exist and innovate responsibly, alongside CBDCs and other payment devices, subject to the implementation of some sensible guardrails.

Jack Martin
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Stablecoins   -   May 15, 2023 Stablecoins Can Bring Innovation With Certain Guardrails: EU Regulator
Stablecoins Can Bring Innovation With Certain Guardrails: EU Regulator

The European Banking Authority believes that stablecoins can exist and innovate responsibly, alongside CBDCs and other payment devices, subject to the implementation of some sensible guardrails.

Jack Martin
Stablecoins   -   May 14, 2023 Tether’s 2023 Q1 Report: Gold, Bitcoin in Reserves
Tether report,gold, Bitcoin.

The issuer of the largest stablecoin, Tether continues its path to transparency. In the recent quarterly reserve report, the company showed a breakdown for a previously consolidated reserve category that revealed its investments in gold and bitcoin.

Alex Harutunian
Stablecoins   -   May 09, 2023 Who Is Behind TrueUSD?
TrueUSD logo and Justin Sun with question on the face

Amid the growth of TrueUSD stablecoin, the community is puzzled by its ongoing support from Binance. Also, rumors are spread about the project's possible connections with Tron's Justin Sun. TrueUSD says the latter is not True.

Alex Harutunian
Stablecoins   -   May 07, 2023 Tether Pushes Product Line. Gold XAUT and EURT
Logos of Tether, BitMart and MEXC Global.

Tether continues to expand the list of exchanges where users can access gold-referenced XAUT and Euro-referenced EURT. BitMart and MEXC Global exchanges have announced the listing of stablecoins.

Alex Harutunian
Stablecoins   -   Apr 28, 2023 Are LUNA Tokens Securities? South Korean Court Says No
Flags of the USA and South Korea, Terra logo.

In the courts of different countries, the opinion on whether the tokens of the Terra ecosystem are securities differs. At the same time, Do Kwon is trying to clear himself of the SEC charges.

Alex Harutunian
Centralized stablecoins   -   Apr 27, 2023 UPD: The Cross-Chain Protocol for the Transfer of Stablecoins from Circle Has Started Working
Circle logo, the principle of operation of the CCTP protocol.

On April 26, the Cross-Chain Transfer Protocol from Circle was launched. The new protocol allows moving USDC between Ethereum and Avalanche.

Alex Harutunian
UK   -   Apr 26, 2023 Bank of England on Tokenization of Money: “Shape of Things to Come”
Bank of England on Tokenization of Money: “Shape of Things to Come”

In a speech earlier this month, the Deputy Governor of the Bank of England outlined four areas where the tokenization of money is now actively being explored by the United Kingdom’s central bank.

Jack Martin
Stablecoins   -   Apr 26, 2023 Kaiko Research. Does Binance Push TrueUSD?
TUSD and Kaiko logos.

The leading information provider about the crypto market, Kaiko, released the report "The Binance Effect" on March 20. The report describes in detail how the exchange's actions affect the growth of the TrueUSD stablecoin and why the TUSD-BTC trading pair has become the most popular.

Alex Harutunian
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