FV Bank supports stablecoin deposits with USDC
In addition to USDC support, FV Bank wants to develop a custody service targeting major cryptocurrencies such as Bitcoin and Ethereum in the fourth quarter of 2022.…
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Stablecoin
Australia may soon punish unauthorized stablecoin launches
Andrew Bragg, a senator for the Australian Liberal Party has written a bill to regulate stablecoins, crypto exchanges, and the Chinese digital yuan.The new…
A USDD stablecoin has been developed by Tron
Tron founder Justin Sun announced plans for a decentralized stablecoin on April 21. The USDD network will provide custody services for highly liquid assets valued…
Phantom introduces the USDB stablecoin
The Fantom Foundation (FantomFDN) – a blockchain platform designed for DeFi, dApp and enterprise applications – has designed a stablecoin called USDB. It includes…
The ANZ Bank of Australia has issued its stablecoin
ANZ Bank has launched a stable coin pegged to the Australian dollar in order to reduce the risk associated with buying digital assets and encourage more customers…
Wyoming will establish rules for issuing a state stablecoin
Wyoming legislators are drafting legislation for the state's stablecoin. According to Avanti Financial CEO Caitlin Long, the bill has pros and cons, but it is…
DAI’s market capitalization exceeded $10 billion
The DAI stablecoin now has more than ten billion dollars market capitalization. As a result, it surpassed Bitcoin to become the sixth most valuable stablecoin.…
In Terms Of Supply, The USDC Has Surpassed The USDT
The USDC supply on Ethereum has surpassed Tether's supply.USDC is a stablecoin that is pegged to the US dollar. It is not a cryptocurrency and its price is…
Five Banks In The United States Will Release Their Own Stablecoin
With the rise of cryptocurrencies like Bitcoin, there has been an increase in demand for digital currencies that provide stability. Stablecoins are digital…
Jerome Powell Argues Stablecoins Can Coexist With CBDCs
The hearing of Jerome Powell, who is seeking another term as head of the Fed, took place in the United States last week. During the event, he spoke about CBDCs,…