stablecoins | ForkLog

ForkLog 20 09.03.2021

Venezuela’s bank enables citizens to buy stablecoins

The Bank of Venezuela's partnership with the fintech startup Glufco will enable citizens to buy dollar-linked stablecoins through the state Biopago biometric payments system. Decrypt reports.

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ForkLog 44 08.03.2021

JPMorgan posts 56 blockchain vacancies, some linked to JPM Coin

The JPMorgan financial holding has opened 56 blockchain-related vacancies. According to the company's site search, the term appears in the titles of 34 positions.

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ForkLog 21 01.03.2021

What is Sbercoin: a competitor to the digital ruble or a hybrid loyalty system

Sberbank first announced in August 2020 its intention to issue a stablecoin linked to the Russian ruble. The new payment instrument named Sbercoin was initially intended for acquiring various digital financial assets (DFA).

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ForkLog 21 24.02.2021

ECB seeks veto power over the launch of stablecoins such as Diem

The European Central Bank (ECB) has proposed to lawmakers to extend its powers to block the launch of global stablecoins such as the Diem coin, developed with the participation of Facebook (formerly Libra). Reuters reports.

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ForkLog 13 15.02.2021

UAE firm proposes Ukraine a national stablecoin

On February 15, the Ministry of Digital Transformation of Ukraine and Intelmax Management Consulting from the United Arab Emirates signed a memorandum of cooperation.

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ForkLog 20 03.02.2021

USDC stablecoin launches on the Stellar blockchain

Circle and the non-profit Stellar Development Foundation (SDF) announced the start of work on the Centre-stablecoin USDC on the Stellar network.

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ForkLog 18 31.01.2021

Fed seeks manager to research stablecoins and CBDCs

The U.S. Federal Reserve has posted a vacancy for a manager of digital innovations who will assess the pros and cons of stablecoins and central bank digital currencies (CBDCs), according to CoinDesk.

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ForkLog 19 28.01.2021

BIS: Two-thirds of surveyed central banks study stablecoins

Many central banks are studying digital currencies, but regulators' greatest interest is focused on stablecoins. This follows from the BIS survey results.

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ForkLog 230 26.01.2021

Galaxy Digital and Coinbase Invest $25 Million in Terra Stablecoin Ecosystem

Terraform Labs, the developer of the Terra stablecoin, raised $25 million to expand the asset's use in the DeFi sector.

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ForkLog 19 23.01.2021

Deltec Bank: Tether’s USDT fully backed by reserves

The Bahamas-based Deltec Bank, which holds Tether's assets, said USDT is fully backed by reserves.

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ForkLog 12 21.01.2021

Sberbank applies to issue a stablecoin

In early January, Sberbank filed with the Bank of Russia to register a blockchain platform for the subsequent issuance of the stablecoin Sbercoin pegged to the ruble. Interfax reports, citing the bank's deputy chairman Anatoly Popov.

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ForkLog 35 21.01.2021

USDC and BUSD issuance growth outpaces Tether’s USDT

Since September 2020, the growth rate of Tether's (USDT) supply was 82%. In the same period, USD Coin (USDC) grew by 243%, and Binance USD (BUSD) by 512%. This is stated in the Arcane Research report.

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