Tag: stablecoins
Stablecoins on the grill in the US Congress: the politician who hated Tether (USDT)
Coin Metrics’ explosive report of the 1er February 2022 showed numbers supporting the rise of stablecoins in 2021. Doubts remain, however, about the continuation of this strong growth in 2022…
Tether (USDT) and USD Coin (USDC) stablecoins are largely dominated by whales
Whales hold the vast majority of Tether (USDT) and USD Coin (USDC) Although the promise of decentralization is real with cryptocurrencies, the character of open access can also lead to…
Stablecoins: US Congress rejects regulation proposal
In the US, the Treasury wants to regulate the issuance of stablecoins more tightly, but this is met with opposition in the House of Representatives. Source: BTC ECHO The…
Bitcoin and stablecoins: the explosive report from Coin Metrics
The numbers don’t lie – Coin Metrics is a Boston-based company specializing in the study of data related to cryptocurrencies. His last report (February 2022) offers detailed analysis of stablecoins,…
A Crypto Dollar Could Coexist With Stablecoins According To Powell
© Reuters Investing.com – Fed boss Jerome Powell’s testimony to Congress yesterday provided some commentary regarding the cryptocurrency industry. Powell has indicated that the Federal Reserve’s eagerly awaited report on…
The UST of Terra (LUNA) overtakes the DAI to become the 4th capitalization of stablecoins
The capitalization of the stablecoin TerraUSD (UST) now higher than that of the DAI The two stablecoins had been following each other for several weeks. Finally, the explosion of the…
Power of disposal over stablecoins: SEC increases the pressure
Ever since Facebook announced its stablecoin ambitions, tokens, the value of which is linked to fiat currencies, have been causing headaches for regulators. The USA now want to provide more…
Lagarde: ECB President denies stablecoin’s currency status
The attitude of ECB President Christine Lagarde to cryptocurrencies remains rather skeptical. Nevertheless, the digital euro should come. Source: BTC-ECHO The post Lagarde: ECB President denies stablecoin’s currency status first…
Regulatory ECHO: Setting the course – Stablecoins or CBDC?
Take over or do it yourself – the choice that regulators and monetary authorities around the world are facing these days with a view to stablecoins and digital central bank…
Why El Salvador should introduce DeFi and stablecoins in addition to BTC
The crypto community celebrates El Salvador’s President Nayib Bukele for making Bitcoin legal tender. But couldn’t Bukele give its citizens even more financial inclusion and freedom by adopting decentralized finance…
The digital euro will offer more privacy than stablecoins
The next Chinese province is putting Bitcoin miners on the curb. Miami’s mayor sees an opportunity for his city. The Chinese campaign against the country’s own Bitcoin mining industry is…