On the 11th October 2022, the FSB published two consultative reports recommending frameworks for the international regulation of crypto-assets. On the 4th January 2023 they published the commentary responses they received back from 49 different organisations.
As we wrote earlier, 2022 was quite a difficult year for stablecoins, but they managed to reach a record settlement volume, exceeding $7 trillion. Then, Peter Johnson predicted that the total settlement volume of stablecoins in 2023 would bypass Visa.
As we wrote earlier, 2022 was quite a difficult year for stablecoins, but they managed to reach a record settlement volume, exceeding $7 trillion. Then, Peter Johnson predicted that the total settlement volume of stablecoins in 2023 would bypass Visa.
On the 11th October 2022, the FSB published two consultative reports recommending frameworks for the international regulation of crypto-assets. On the 4th January 2023 they published the commentary responses they received back from 49 different organisations.
On December 29, the Vader team informed users about the closure of the Vader Protocol US Dollar (USDV). This decision was due to the fact that the algorithmic stablecoin functioned as Terra, which is dangerous, and no effective restructuring methods were found.
Experts are sharing their observations and predictions for 2023. We have saved you time and summarized the key points. Also, couldn't help dropping in a few predictions of ours.
Coin Metrics released a review on the state of the network, the data showed that 2022 was a record year for payments in stablecoins on the network. The amount of transactions in stablecoins amounted to $7.4 trillion.
The President of Palau, Surangel Whipps Jr., spoke about the upcoming launch of a national stablecoin pegged to the dollar. Ripple will help the island state to implement its plans.
