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Tag: stablecoin

Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities

April 1, 2021 wp-bot Bitcoin News

The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or

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UK authorities to focus on stablecoin regulations to prevent monopolies

March 30, 2021 wp-bot Cointelegraph

British regulators have identified the stablecoin market as their primary assignment amid efforts to create a legal framework for virtual currencies in the country.

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Visa Picks Ethereum Over Facebook Libra to Settle Payments; ETH/USD Up

March 29, 2021 wp-bot News BTC

Ether, the de-facto settlement token of the Ethereum blockchain, rallied on Monday after global payment giant Visa became the ledger’s latest supporter. The firm, which

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Payment Giant Visa Integrates USDC Stablecoin Support for Settlement

March 29, 2021 wp-bot Bitcoin News

On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that

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Stablecoin reserves on crypto exchanges hit new historic high of $10B

March 29, 2021 wp-bot Cointelegraph

Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin.

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Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law

March 21, 2021 wp-bot Bitcoin News

Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT)

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