Stablecoin – Page 84 – Miami Crypto Coin

Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin

Post author:MiamiCrypto
Post published:July 8, 2022
Post category:Federal Reserve Stablecoin

Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen.

Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer

Post author:MiamiCrypto
Post published:July 8, 2022
Post category:loans Stablecoin Tether

The stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves.

EU-regulated firm Banking Circle adopts USDC stablecoin

Post author:MiamiCrypto
Post published:July 8, 2022
Post category:Coinbase Cryptocurrencies Europe Luxembourg Payments Stablecoin United Kingdom USD Coin

Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking.

Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin

Post author:MiamiCrypto
Post published:July 7, 2022
Post category:Aave Stablecoin Technology

If the community passes the proposal, borrowers will be able to mint GHO by providing collateral on the Aave protocol. Aave Proposes GHO Aave could become the next major crypto...

Crypto owners banned from working on US Government crypto policies

Post author:MiamiCrypto
Post published:July 7, 2022
Post category:Bitcoin Regulation Federal Reserve Government Stablecoin United States US government USA White house

A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation.

Circle looks to reaffirm commitment to transparency as USDC market share soars

Post author:MiamiCrypto
Post published:July 6, 2022
Post category:Circle Stablecoin

"With USDC, our business model is minimizing risk, not taking and managing risk,” wrote Jeremy Fox, Circle's chief technology officer.

Salary payments in USDT stablecoin ruled as illegal in the Chinese court

Post author:MiamiCrypto
Post published:July 6, 2022
Post category:China Court Dollar People's Bank of China Stablecoin Tether

Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions.

Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92

Post author:MiamiCrypto
Post published:July 5, 2022
Post category:$1 Parity Altcoins basis cash defend the peg empty set dollar H.E. Justin Sun justin sun nubits overcollateralization Stablecoin Stablecoins Terra Terra UST TITAN Tron (TRX)Tron Blockchain Tron DAO TRON DAO Reserve trx usd coin (USDC)USDD USDD Reserves

Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June…

Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022

Post author:MiamiCrypto
Post published:July 5, 2022
Post category:Circle Coinbase Dollar Stablecoin Tether USDC USDT

The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022.

Tether continues to reduce commercial paper in sharp reduction since March

Post author:MiamiCrypto
Post published:July 1, 2022
Post category:Stablecoin Tether

The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far.