stablecoins | ForkLog

ForkLog 8 02.12.2020

Visa to issue a USD Coin (USDC)–linked card

The payments giant Visa linked its global network to Circle's USD Coin (USDC). In its plans is the issuance of a card that would enable merchants to directly accept USDC as payment, according to Forbes.

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ForkLog 7 01.12.2020

Bank of Russia will not allow ruble-backed stablecoins

The Bank of Russia has opposed issuing stablecoins based on the ruble. This was announced by Sergey Shvetsov, First Deputy Chairman of the Bank of Russia.

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ForkLog 13 28.11.2020

Tether stablecoin market capitalization nears $20 billion

The circulating market capitalization of Tether's stablecoins (USDT) reached $19.4 billion. Messari data indicate.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 20 27.11.2020

ECB sees Libra launch as a threat to the future of fiat currencies

The European Central Bank warned that the appearance of the Libra stablecoin could put the fate of fiat currencies at stake. The regulator's response followed reports of Facebook's planned January 2021 launch of a digital currency, Finextra reports.

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ForkLog 5 27.11.2020

Media: Libra stablecoin set to launch in January 2021

The Libra project team is preparing to release a digital currency in January 2021 in a 'limited format'. Financial Times reports, citing sources familiar with the situation.

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ForkLog 10 23.11.2020

Opinion: Stablecoin inflows to exchanges save Bitcoin’s current rally

An increase in exchange-wallet balances with stablecoins in early October dampened the risk of a pause in Bitcoin's rally after crossing the $12,000 mark. Forbes quoted CryptoQuant CEO Ki Young Ju.

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ForkLog 18 21.11.2020

US government engages stablecoin issuer USDC to support the opposition in Venezuela

The USDC issuer Circle announced a collaboration with the US authorities to distribute cash payments among healthcare workers in Venezuela, circumventing restrictions imposed by Nicolás Maduro's government.

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ForkLog 7 17.11.2020

Ledger enables passive income on stablecoins

The hardware-wallet maker Ledger announced a collaboration with the DeFi platform Compound to launch a new lending feature.

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ForkLog 10 17.11.2020

Hackers attack Origin Dollar; losses exceed $7m

In the early hours of November 17, unknown hackers breached the Origin Dollar (OUSD) stablecoin network and withdrew user funds totaling more than $7 million. This was reported by Origin co-founder Matthew Liu.

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ForkLog 9 15.11.2020

DAI market capitalization surpasses $1 billion

The circulating supply of the DeFi stablecoin DAI first surpassed 1 billion coins.

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ForkLog 17 10.11.2020

Britain weighs regulation of stablecoins and CBDC issuance

The UK Treasury will develop proposals to regulate stablecoins and conduct research into central bank digital currencies (CBDCs).

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ForkLog 9 07.11.2020

USDT stablecoin market capitalization surpasses $17 billion

USDT in-circulation market capitalization has for the first time surpassed $17 billion, according to data on the issuer's site, Tether.

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