The Stablecoin Column
Have you heard of stablecoins? Today this form of cryptocurrency has a market that exceeds well over $20 billion! Knowing about them is therefore a must for every serious investor. Get the full run-down in this column.
Mon 25 Oct 2021 ▪ 21h21 ▪
3 min read ▪
by
Mary Anderson
The founder of the Avalanche network, Emin Gün Sirer, said that the “reasonable” value of stablecoins will ensure their advantage over other cryptocurrencies. Stablecoins will overtake Bitcoin (BTC) The CEO of Ava Labs believes that the first sign of the mainstream success of cryptocurrencies will be that a stablecoin will…
Sat 25 Sep 2021 ▪ 13h14 ▪
2 min read ▪
by
Hugh Renolds
According to CoinGeek, the UK House of Lords has begun hearings on the introduction of a central bank digital currency (CBDC). The prerequisites for introducing a CBDC The Lords Committee on Economic Affairs is urging the public to participate in the debate on the introduction of the digital pound sterling…
Tue 24 Aug 2021 ▪ 18h43 ▪
2 min read ▪
by
Siobhan Jones
Blockchain infrastructure company Paxos is renaming its Paxos Standard stablecoin to Pax Dollar with the ticker USDP. PAX tokens are pegged to the US dollar at a 1:1 ratio and are regulated by the New York State Financial Services Authority. USDP’s updated smart contract will be launched on 31st…
Thu 19 Aug 2021 ▪ 12h40 ▪
2 min read ▪
by
Susan McCormack
Thailand plans to start testing its retail central bank digital currency (CBDC) in the second quarter of 2022. Thai 2022 agenda The Central Bank of Thailand (BoT) has announced its plans to test CBDC for the public. The initiative is set for the second quarter of 2022 and aims…
Sun 15 Aug 2021 ▪ 19h31 ▪
3 min read ▪
by
Hugh Renolds
Unbound Finance has announced the upcoming launch of a new stablecoin called UND. It aims to make automated market makers (AMMs) more capital efficient and is expected to become the world’s first decentralised cross-chain stablecoin. UND is made in collaboration with the Polygon network and will be distributed on it.
Thu 12 Aug 2021 ▪ 20h54 ▪
3 min read ▪
by
Adrien Stefanini
Jeremy Allaire, CEO of Circle Pay, one of the leading companies focused on digital currency, opined about stablecoins, their current position and their potentially future. It is no surprise that Allaire is a strong believer in Bitcoin and is convinced it will play a prominent role in the…
Thu 12 Aug 2021 ▪ 16h48 ▪
2 min read ▪
by
Felix Meyer
Samsung Electronics has confirmed that it will participate in the central bank digital currency (CBDC) project organised by the Bank of Korea (BOK). The project was launched in late June 2021 with the support of subsidiary company Kakao Ground X. Testing the functionality of future cryptocurrency According to Coingeek,…
Thu 12 Aug 2021 ▪ 11h09 ▪
3 min read ▪
by
Katie Donaldson
The open source payment network called Stellar has presented a new stablecoin linked to the value of the Chilean peso. It was launched by CLPX Inc, a company based in Chile, and dubbed the “CLPX” token. However, it’s not yet favored by users. According to Stellar Expert’s public ledger, since…
Fri 06 Aug 2021 ▪ 17h53 ▪
3 min read ▪
by
Mary Anderson
JP Morgan, the US banking giant, has warned against the hasty introduction of Central Bank digital currencies (CBDC) into the financial system. The bank said that the creation of new channels of retail loans and payments based on CBDC should not occur at the expense of the existing financial system.
Fri 06 Aug 2021 ▪ 12h55 ▪
3 min read ▪
by
Felix Meyer
The Central Bank of Venezuela announced that in October this year, the country will launch a central bank digital currency (CBDC). The transition will be accompanied by a monetary denomination of the sovereign bolivar. The Digital Bolivar According to Forkast, as of 1st October this year, Venezuela will…
