Kyrgyzstan launch USDKG, a gold-backed stablecoin, shifting from CBDCs to asset-backed digital currency to enhance financial ...
"Price manipulations, coin failures, and use of cryptocurrencies in illicit finance will increase," warns D.C.-based watchdog ...
Stablecoin activity surges as Bitcoin faces selling pressure, hinting at accumulation. On-chain data suggests Bitcoin’s ...
While often used to describe a digital asset that hedges against cryptocurrency's volatility, the reality of stablecoins is ...
Unlike fiat-backed stablecoins, which rely on traditional financial institutions, Gold Dollar is fully secured by physical gold reserves. With its 1:1 peg to the US dollar, USDKG removes banking risks ...
The U.S. Senate Banking Committee has moved forward the crypto industry’s stablecoin bill, a major step toward getting ...
Some of the world’s largest banks and fintechs are rushing to launch their own stablecoins, aiming to grab a slice of a cross-border payments market they expect will be redrawn by cryptocurrencies.
Warren said the bill would “clear the decks for Elon to issue X Money as his own stablecoin, without any guardrails to ...
The US dollar has long reigned as the world’s primary reserve currency and the default choice for global trade and ...
Stablecoins are supercharging dollar dominance globally. USDT and USDC creating parallel financial systems that extend USD ...
“It’s about people selling shovels in the stablecoin gold rush,” said Simon Taylor, co-founder of fintech consultancy 11: FS, who likened it to FOMO, or fear of missing out. “The other ...