Browsing Tag
Stablecoins
431 posts
Stablecoins Could Capture 10% of Global Economy in the Next Decade: Circle CEO
Circle CEO Jeremy Allaire has stated that stablecoins could account for 10% of “global economic money” within the…
Three reasons why the crypto market fell on Tuesday
An analyst cited by CryptoQuant theorized that a bottom was in play with the recent market-wide slump.
Tether’s ‘Genius Idea:’ Launching aUSDT, a Gold-Backed Stablecoin with Higher Profit Potential
On June 17, Tether CEO Paolo Ardoino announced aUSDT, a new synthetic dollar over-collateralized by XAUt, Tether’s gold-backed…
Major Ripple Advancements and Top XRP Price Forecasts as of Late
TL;DR Ripple plans to launch a stablecoin, Ripple USD (RLUSD), in 2024 on the XRP Ledger and Ethereum,…
BIS reveals almost every major central bank is interested in wholesale CBDCs
The Bank for International Settlements (BIS) said its recent survey of central banks revealed that 94% of them…
Paxos Reportedly Downsizes Workforce by 20%: Details
Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by 65 individuals,…
Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’
Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin…
USDV wants to be native on more chains than any other stablecoin
The following is a guest post from Christina Comben. With a current market cap of just over $20…
Ripple president: Stablecoin likely this year
Ripple president Monico Long said the XRP issuer is likely to enter the $161 billion stablecoin market before…
Money20/20: The race between stablecoins and CBDCs
Alisa DiCaprio from R3, Siân Jones from XReg Consulting, and Ran Goldi from Fireblocks all shared their perspectives…
