Retail-focused Singaporean CBDC to hedge against privately issued stablecoins
The retail CBDC will be developed in partnership with private entities, which “would be the digital equivalent of today’s notes and coins.”
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The retail CBDC will be developed in partnership with private entities, which “would be the digital equivalent of today’s notes and coins.”
In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While…
Investors have embraced Abracadabra Money’s truly decentralized approach to DeFi and the option to draw stablecoin loans off a growing list of assets appears to be backing SPELL’s rally to…
The regulator singled out Binance and Tether as allegedly risky players in the blockchain space.
The group said stablecoin issuers should be held to the same standards as insured depository institutions including state and federally chartered banks.
U.S. financial regulators are close to working out the limits of their authority over at least one class of digital assets.
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Platforms are offering investors several opportunities to earn from stablecoins, some of which extend far beyond cryptocurrency lending.