Stablecoin – Page 55 – Miami Crypto Coin

USDR stablecoin depegs to $0.53, but team vows to provide solutions

Post author:MiamiCrypto
Post published:October 12, 2023
Post category:depeg Housing Real estate Stablecoin Tokenization usdr

Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will…

Retail stablecoin trading in Hong Kong not allowed yet, official says

Post author:MiamiCrypto
Post published:October 6, 2023
Post category:Bitcoin Government Hong Kong Regulation Stablecoin

Hong Kong will not allow retail investors to trade stablecoins until they are officially regulated, which is projected to happen by the end of 2024.

Dirham stablecoin DRAM hits Uniswap, developed by relaunched Distributed Technologies Research

Post author:MiamiCrypto
Post published:October 3, 2023
Post category:Dirham Distributed Technologies Research DRAM.Stablecoin UAE

Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency.

Tether treasury receives two $50M USDT lump sums from Bitfinex

Post author:MiamiCrypto
Post published:October 2, 2023
Post category:Bitfinex Cryptocurrency Exchange Stablecoin Tether

Two transactions showed lump sums of $50 million in USDT transferred from Bitfinex to the Tether treasury only a few minutes apart.

Paradigm accuses SEC of bypassing rules in Binance lawsuit

Post author:MiamiCrypto
Post published:September 30, 2023
Post category:Binance Cryptocurrencies Cryptocurrency Exchange law SEC Stablecoin Tokens

Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process.

US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’

Post author:MiamiCrypto
Post published:September 26, 2023
Post category:Federal Reserve Stablecoin United States

The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings.

Stablecoin exodus: Why are investors fleeing crypto’s safe haven?

Post author:MiamiCrypto
Post published:September 22, 2023
Post category:Cryptocurrency Exchange Investments Payments Stablecoin trading

Stablecoins have seen a 17-month decline as investors move to traditional assets. What needs to happen for the exodus to stop?

PayPal rolls out PYUSD stablecoin to Venmo users

Post author:MiamiCrypto
Post published:September 20, 2023
Post category:Business Dollar Payments PayPal Stablecoin

The payments platform said PayPal USD will be “rolling out fully in the coming weeks” after announcing its launch on Venmo.

Circle launches USDC stablecoin on Polkadot Asset Hub

Post author:MiamiCrypto
Post published:September 19, 2023
Post category:Circle Polkadot Stablecoin USD Coin

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.

Coinbase CEO stands up for DeFi, Polygon says $1B ZK-rollup paying off: Finance Redefined

Post author:MiamiCrypto
Post published:September 15, 2023
Post category:Brian Armstrong Coinbase Cryptocurrencies polygon Stablecoin Zk-Rollup

Coinbase’s CEO has become the latest ally of the DeFi space, calling for apt regulations of the ecosystem rather than enforcement action by regulatory bodies.