Germany’s cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook’s Libra.
U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.
Binance’s dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will soon be available for trading.
Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.
Binance has announced a dollar-backed stablecoin approved by NYDFS and launched in partnership with Paxos.
Mark Carney’s recent statements about a new digital global currency has opened the door to fresh ideas built on blockchain, Michael J Casey writes.
The next generation of stablecoins will eschew the U.S. dollar as their basis, writes Bitspark’s George Harrap.
A flood of competing stablecoins is coming to the global economy, setting the stage for what could be a climactic battle with the world’s biggest central banks.
The crypto exchange has announced that it’s launching Venus, a project that will develop “localized” stablecoins around the world.
Retail giant Walmart has applied for a cryptocurrency patent that bears some similarities to the Libra token proposed by Facebook in mid-June.
Arizona’s fintech program has added a controversial startup using stablecoins to evade federal regulations
A new version of the widely used but controversial stablecoin tether is launching on Blockstream’s Liquid Network.
Huawei’s CEO said: “Even China is able to issue such currencies, why wait for Libra?”
The Jersey arm of Binance has listed the cryptocurrency exchange’s own British pound-backed stablecoin, BGBP.
Huobi is overhauling its HUSD stablecoin in a new partnership with Paxos and Stable Universal.
The popular and sometimes controversial stablecoin tether (USDT) is to to be added to the algorand blockchain.
Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again.
A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.
A bullish ETH market appears to be increasing the number of large collateralized debt positions on MakerDAO.
Goldman Sachs may ultimately take part in the crypto disruption of finance with its own stablecoin, according to CEO David Solomon.