Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity — Circle exec
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC: It all looks rosy, he said.
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Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC: It all looks rosy, he said.
The Financial Stability Board states that crypto platforms must segregate clients’ digital assets from their own funds and clearly separate functions to avoid conflict of interest.
EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented.
China may have banned the use of cryptocurrencies but stablecoins might have a role to play in the proliferation of its national currency.
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money.
“Issuing a stablecoin pegged to the HK dollar not only helps to solidify HK’s leadership in the blockchain sector but also propels the progress of the digital HK dollar," said…
The Reserve Bank of India listed six specific ways a stablecoin can undermine emerging markets, adding to its mounting case against crypto.
The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users.
The Terra Allies senior full stack engineering team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as Luna Classic holders.
An Ethereum user used Aave's V2 lending platform by depositing 7.5 million USDC as collateral.