stablecoins | ForkLog

ForkLog 10 16.11.2023

Paxos to launch new U.S. dollar-backed stablecoin

The infrastructure blockchain company Paxos has received in-principle approval from MAS to issue a new U.S. dollar-backed stablecoin.

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ForkLog 31 16.11.2023

Binance Kazakhstan launches a stablecoin backed by the digital tenge

On November 16, Binance Kazakhstan announced the launch of a test stablecoin backed by the digital tenge.

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ForkLog 14 13.11.2023

Tether issues 4 billion USDT in the past month

The issuer Tether minted an additional 4 billion USDT stablecoins over the past 30 days, according to Whale Alert.

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ForkLog 7 08.11.2023

EU to discuss new liquidity requirements for stablecoins

The European Banking Authority has published for public consultation capital and liquidity requirements for issuers of stablecoins and other digital tokens.

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ForkLog 14 07.11.2023

Moody’s records 609 depegs of large stablecoins in 2023

In 2023, high-market-cap stablecoins lost their peg to the underlying asset 609 times, according to Moody’s Analytics.

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ForkLog 11 02.11.2023

SEC opens investigation into PayPal’s stablecoin

PayPal said it had received a subpoena from the U.S. Securities and Exchange Commission (SEC) related to the PYUSD stablecoin.

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ForkLog 10 01.11.2023

Tether reports $72.6 billion in US Treasury securities reserves

Tether, as of September 30, held U.S. Treasury bills worth $72.6 billion. The securities accounted for 84% of assets ($86.38 billion), according to the company's report.

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ForkLog 10 26.10.2023

Flatcoins: Can flatcoins stop global inflation?

The inflation problem in 2023 took on new dimensions and even reached the United States. In such a situation, people want to preserve their funds as efficiently as possible, which is why a new class of digital assets — flatcoins — has emerged.

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ForkLog 8 24.10.2023

US residents conduct over $1 trillion in crypto transactions in a year

From July 2022 to June 2023, US residents conducted cryptocurrency transactions totaling over $1 trillion, the highest in the world.

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ForkLog 9 24.10.2023

Deutsche Bank tests a SWIFT analogue for CBDCs and stablecoins

Deutsche Bank and SC Ventures completed the transfer and exchange of stablecoins on the Universal Digital Payments (UDPN) network—an analogue of SWIFT for connecting CBDCs and stablecoins.

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ForkLog 6 18.10.2023

Former CFTC chief urges US Congress to pass a stablecoins law

The stablecoins bill is a vital update to the U.S. financial system. In an op-ed on CoinDesk, Circle's chief legal officer and former head of the CFTC Hit Tarbert urged its passage.

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ForkLog 8 13.10.2023

Unknown trader swaps $131,350 in USDR for $0 in USDC as USDR depegs

On October 11, an unidentified trader, amid the depeg of Real USD (USDR) stablecoin, swapped $131,350 in the token for less than 0.0001 USDC.

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