Progmat stablecoin platform takes shape as wallet, liquidity providers join
Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement.
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Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement.
The proposed guidelines are currently in the public consultation phase for the next three months, and if approved, it will come into effect starting in June 2024.
Moody’s Analytics will use machine learning and a host of indicators to compile and analyze large-cap stablecoins and identify probable depeggings.
It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking.
In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives.
Two key BTC supply metrics show conflicting signals on whether a retracement will occur before the Bitcoin halving.
Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out.
The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape.
Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and he had nothing to do with it.
Non-fiat-backed stablecoins will not be allowed into regulated payment chains.