Blockchain technology to solve real problems.
Today’s payment system needs modernizing. With appropriate guardrails and ongoing dialogue between public and private sectors on both risk and responsible innovation, blockchain-based technology has the potential to solve real problems.
How Can Stablecoins Evolve to Reach the Next Milestone?
The recent collapse of cryptocurrency Terra is another reason to question why stablecoin regulation has been such a challenge in the US, says Noah Qiao, an attorney with Kirkland & Ellis. He says the answer may lie in stablecoins’ mixed uses. He proposes that single-use stablecoins could be a way to capture greater institutional adoption.
Circle’s Euro-Backed Stablecoin Is About To Launch
Circle Internet Financial, issuer of the dollar-pegged stablecoin USD Coin (USDC), is launching a new euro-pegged stablecoin Euro Coin (EUROC) on June 30th. Developers can already integrate with the Euro Coin smart contract, and institutional users can access EUROC on the launch date upon creating a free Circle account.
Swiss National Bank’s executive regarding CBDCs & Stablecoins
Dr. Thomas Moser, of the Swiss National Bank’s (SNB) regarding the potential competition between private sector stablecoins and government CBDCs, Dr. Moser is confident that both types of digital currency can coexist because CBDCs perform only very basic functions, while stablecoins can be tailored for many other uses.
Stablecoins. Common Promises, Diverging Outcomes
This is a cross-divisional thought-leadership report issued by S&P Global with contributions by S&P Global Ratings, S&P Global Market Intelligence and Coalition Greenwich, a division of CRISIL, an S&P Global Company.
Programmable money as a public good? SBA stepping up efforts
Digital currencies have many potential uses, and public demand for programmable money is thus growing fast. It is likely to be issued primarily by central banks or supervised intermediaries. Helping to shape the ideal monetary system for the future is a priority for the SBA.
HOW TO BEAT INFLATION WITH STABLECOINS
Record inflation has left Americans worried. Typical inflation hedges such as gold have disappointed among the panic. The way to beat inflation could potentially be in a new technology known as stablecoins.
Fiat-Backed Stablecoins: What You Need to Know About Tether, USD Coin and Others
Fiat-backed stablecoins are cryptocurrencies pegged to the value of real-world currencies, such as the U.S. dollar or euro, and backed by reserves in that currency.
Human Rights Leaders Urge Congress to Take ‘Open-Minded’ View on Bitcoin
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12.
New Japan Bill Allows Banks To Issue Stablecoins
While the U.S. is still working to regulate cryptocurrency in the country, Japan has taken measures of its own for stablecoins. The country passed a stablecoin bill late last week that could change the entire crypto landscape. Article continues below advertisement.