stablecoins | ForkLog

ForkLog 14 06.07.2023

Circle to consider issuing a stablecoin in Japan

Circle, the issuer of USDC, plans to issue a 'stablecoin' in Japan, according to Circle co-founder and CEO Jeremy Allaire.

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ForkLog 9 05.07.2023

Fitch: Stablecoin capitalisation edges up amid Bitcoin rally

"The stablecoins" sector did not fully benefit from the rally in digital gold to year-to-date highs. Fitch notes this.

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ForkLog 15 05.07.2023

Hong Kong calls for the release of a competitor to USDT and USDC

The Hong Kong government proposed issuing its own 'stablecoin' HKDG, backed by the jurisdiction's foreign-exchange reserves, to compete with the industry's giants — USDT and USDC.

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ForkLog 9 30.06.2023

Britain approves Financial Services and Markets Bill

The Financial Services and Markets Bill, touching on regulation of the UK's cryptocurrency sector, has received final approval.

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ForkLog 10 29.06.2023

Mastercard to pilot tokenized bank deposits

Mastercard will launch pilot tests of the Multi-Token Network (MTN). As part of the initiative, the company will conduct experiments with tokenized bank deposits.

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ForkLog 12 26.06.2023

MakerDAO trims reliance on USDC as collateral

The DeFi project MakerDAO has sharply reduced its share of USD Coin (USDC) in the total collateral for borrowing DAI.

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ForkLog 24 23.06.2023

Siemens processes euro payments with JPM Coin from JPMorgan

JPMorgan offered JPM Coin stablecoin for euro transactions. The first client was Siemens, the German industrial conglomerate.

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ForkLog 6 21.06.2023

Powell says stablecoins are money and urges regulation

The U.S. Federal Reserve should participate in regulating stablecoins. This was stated by the head of the agency, Jerome Powell.

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ForkLog 9 21.06.2023

Berenberg Names the SEC’s Next ‘Victims’

Stablecoins and the DeFi sector are likely to become the SEC's next targets in its crackdown on the crypto industry, according to a report by investment bank Berenberg.

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ForkLog 7 21.06.2023

Tether to launch USDT on the Kava blockchain

The issuer of the stablecoin {{AOPEN_1}}USDT{{ACLOSE_1}}—the company Tether—will add support for the Cosmos platform's first-layer Kava blockchain.

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ForkLog 10 20.06.2023

Curve Finance DAO to vote on WETH collateral for crvUSD

The Curve Finance DEX community was invited to back the addition of wrapped Ether (WETH) as collateral for borrowing the stablecoin crvUSD.

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ForkLog 6 16.06.2023

Report: Tether backed USDT reserves with Chinese bonds

Bonds issued by ICBC, China Construction Bank and Agricultural Bank of China served as collateral for Tether (USDT) in March 2021.

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