Terra crash highlights stablecoin risk to financial stability: ECB
A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy.
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A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy.
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances…
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation…
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.
The stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves.
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking.
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...
A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation.
"With USDC, our business model is minimizing risk, not taking and managing risk,” wrote Jeremy Fox, Circle's chief technology officer.
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.