STABLECOIN

 

Description
A stablecoin (or stable coin), as its name indicates, is a stable cryptocurrency designed to be resistant to the type of price volatility synonymous with cryptocurrencies like Bitcoin and Ether.
The key is to understand "stable": what is "stable"? which references are pegged to make its value "stable"? In terms of what we measure the "stability".

Popular
USDT Libra


SmartFi To Issue First Mineable Stablecoin & Payment System without Transaction Fees
U.S. based cryptocurrency platform Smartfi announced to develop two coins, including the first minable stablecoin worldwide, which will not require a burn-mint protocol or USD-fiat-peg to maintain an exact correlation to the US Dollar.
Janet Yellen Urges Regulators to Move Fast on Regulating Stablecoin Rules
US Treasury Secretary Janet Yellen pushed top US financial regulators to speed up regulations of stablecoin cryptocurrencies.
Circle Crypto Firm to Go Public in SPAC Deal Valuing At $4.5 Billion
Stablecoin Issuer Circle Announces $4.5 Billion SPAC Deal. The combination with Concord Acquisition Corp sets to bring Circle more than $691 million.
Facebook Diem Project to Launch USD Stablecoin after Dropping Swiss License Application Plan
Diem Association is planning to move its main operations from Switzerland to the United States.
PayPal May Be Considering Launching Its Own Stablecoin
PayPal may be looking to launch its own stablecoins in the future, as it has been reportedly been meeting with stablecoin developers.
Aave Announces the Launch of Its V2 Liquidity Mining Program
Aave announced the launch of the V2 liquidity mining (LM) program, which will operate for three months for analysis and end on July 15.
Federal Reserve Chair Powell Affirms There Is Ongoing Research for a Digital Dollar
The Federal Reserve Bank is involved in a large-scale research and development regarding digital dollar, says Chairman Jerome Powell.
Thai Central Bank Issues Stern Warning about Thai Baht Digital (THT) Stablecoin
The Bank of Thailand is warning citizens against using the illegal THT stablecoin.
Ethereum Continues to Grow with the Majority of Stablecoin Projects Leveraging its Network
Ryan Watkins, a researcher at Messari, believes that the numerous stablecoin protocol experiments on the Ethereum network are impressive.
USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means
According to an assessment from Glassnode, the amount of stablecoins being deposited on exchanges is an indication that things are turning bullish for Bitcoin.

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